On Jan. 10, 2024, University of California President Michael V. Drake, M.D. issued a statement on Gov. Gavin Newsom’s proposed 2024-25 budget.

“The university is committed to attracting and supporting transfer students," said President Drake.

Provided funding will allow UC to expand opportunities for more California students and ensure that campuses can make investments to support growth.

A pending bill would place a $15.5B general obligation bond on the state ballot in 2024 to provide capital support for public education, from preschool to college.

President Drake is grateful that Gov. Newsom’s revised budget proposal maintains critical funding for the University of California.

Governor Newsom's new budget proposal includes critical investments in UC students & faculty, research, health care, infrastructure, and more.

The proposed budget will help the university to expand access and affordability.

If enacted, it would bring budget stability to UC and support critical long-term investments in educational access and excellence.

The University of California is deeply grateful to Gov. Newsom for proposing the largest state investment in UC’s history.