University of Houston System Regents Approve $1.3 Billion Budget for FY2011

"I commend the board's finance and administration committee for the long hours it spent poring over this budget," said Welcome W. Wilson Sr., chairman of the UHS Board of Regents. "They worked diligently to make necessary reductions while protecting priority initiatives that benefit our students and are crucial in UH's journey toward Tier One status." Despite System-wide cuts and reallocations, the FY11 budget commits $166 million toward scholarships, a 25-percent increase from the previous fiscal year. "Everyone takes the goal of increasing student success very seriously," said Carl Carlucci, executive vice chancellor for administration and finance. "Scholarships play a vital role in this initiative."