Fiscal Year 2004 Funding Guideline Calculation
- Step 1 - Determine Student Enrollment at Peer Institutions
- Step 2 - Calculate Adjusted Full-Time Equivalent Enrollment
- Step 3 - Calculate State Appropriation and Tuition and Fee Revenue Per AFTES
- Step 4 - Inflate Funding per AFTES to Budget Year
- Step 5 - Calculate Funding Guideline and Attainment
Step 4 - Inflate Funding per AFTES to Budget Year
Peer Institution | Fiscal Year 2000 | Fiscal Year 2001 | Fiscal Year 2002 | Fiscal Year 2003 | Fiscal Year 2004 |
Average Funding Per AFTES | $19,178 | $19,792 | $20,425 | $21,079 | $21,753 |
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Inflation Factor |
| 3.2% | 3.2% | 3.2% | 3.2% |
Notes: Inflation Factor determined by the Maryland Higher Education Commission.
Source: University System of Maryland Office
