2027-28 Budget Allocation Model
Penn State’s budget allocation model is a tool that uses data to calculate what allocations are provided to each unit, college and campus. Unit leaders use the model and budget allocations to develop their unit's budget and make decisions about strategies, priorities and planning for their areas.
Following conversations and meetings with various University groups, including deans, chancellors and strategic finance partners, the budget model for fiscal year 2027-28, starting July 1, 2027, through June 30, 2028, is being shared with the University community.
Workbook 1: FY2027-28 Budget Allocation Model
This workbook shows central budget allocations for Penn State’s colleges, campuses, and administrative and student support units using the University’s data-driven budget model. The spreadsheet shows how budget allocations have been calculated and strategic funds have been allocated to units funded with Education & General (E&G) revenues, including tuition and fees, Penn State's general support state appropriation, and investment income.
Penn State’s budget model allocates funding for colleges and campuses using weighted student credit hours, based on in-state upper-division undergraduate and in-state graduate program rates; three-year student headcount averages; and Graduate Research Incentive Funding, which is based on the dollars a unit spends on graduate students from sponsored awards.
Click here to view the FY2027-28 budget allocation model workbook
Workbook 2: Roll-Forward Report (FY24 to FY27 Budget Allocations)
This workbook details unit budget allocations, including the factors that determined individual unit allocations for fiscal year 2023-24, 2024-25, 2025-26 and 2026-27, from the budget allocation model and other resources.
Click here to view the budget allocation workbook posted: 2/3/26
Budget Resources
Click the images below to learn how Penn State funds its mission and allocates Education and General resources through the budget model to support teaching, research, and student success across the University.
Additional Resources
Questions and Feedback
If you have questions, please view the Frequently Asked Questions on this site, reach out to your unit’s budget executive or financial officer, or submit them here.
We value our community’s input and want to hear from you. If you have suggested changes to the budget model, please submit your feedback here.