President’s Posts

Michael Rao, Ph.D.

Category results for: Budget

BOV update: approved budget for 2019-2020

May 10, 2019 Dear VCU community, At its meeting today, Virginia Commonwealth University’s Board of Visitors approved a $1.3 billion operating budget for the university. The budget prioritizes our commitment to access and excellence by including no increase to base tuition or to education and general (E&G) mandatory fees for undergraduate students for the 2019-2020 […]

FY 2019 Budget Update

This budget, while conservative, is appropriate and necessary to operate as a national “R-1” public research university and Virginia Tier 3 institution and in support of our priorities and our public mission.

Our limitless possibility

Dear VCU Community:   Fifty years ago, the Wayne Commission report set into motion the establishment of what we now call Virginia Commonwealth University. We remain faithful to the commission’s charge of being a university that “concentrates on meeting the needs of an urban population living and working in an urban environment.” I am proud […]

The Fascination of What’s Difficult

I am deeply appreciative to everyone who participated in this year’s State of the Unversity address. Below, please find the full text of my address.    It’s a privilege to be with you to reaffirm in this new year our enduring commitment:  That we are a premier research university focused on the positive progress of […]

University Budget Redesign

On Friday, we shared with the Board of Visitors our university budget redesign process and timeline. This initiative will transform our planning and budgeting process to accelerate our progress as a 21st-century public research university.

VCU leadership presents 2016-17 budget recommendations to BOV

This is a conservative proposal that reflects the need to constrain tuition and fee increases while helping to ensure a high-quality educational experience for VCU students.

Next Page »