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Transforming 

how resources necessary to ensure student success are generated and sustained.

The fourteen (14) PASSHE universities offer the lowest cost, four-year baccalaureate degree programs in the Commonwealth. Total annual cost of attendance is $602 below the average among all four-year public universities in the United States and $2,433 below the average in the Middle States Region comprising Delaware, Maryland, New Jersey, New York, Pennsylvania and Washington, D.C.  Managing costs to attain this goal, especially with the current challenging fiscal problems facing the Commonwealth, is possible because the Administration and Finance professionals in the system utilize sophisticated budgeting, accounting, cash and facilties management systems. The Commonwealth provides approximately one-third of the funding for the system with the remaining two-thirds generated through tuition and fees. Identifying adequate resources in difficult economic times will require continual rethinking of university entrepreneurship, flexibility and the realization that new ways of conducting operations is essential.

 

 

 

 Treasury

 
​The Treasury Office administers a capital management operation by procuring low‑cost financing, optimizing investment return, and managing finance programs efficiently. The Office manages and funds the financing of System and University projects through the issuance of tax-exempt bonds. The Treasury Office also provides cash management products through procurement of a central bank that includes checking accounts and investment services, as well as lockbox and credit card merchant services. The Treasury Office seeks to provide resources in support of the System’s legislated mandate to provide a high quality education at the lowest possible cost.