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Inflation Adjustment
  • CPI: adjusts for changes in the cost of goods and services purchased by consumers
  • IPD: adjusts for changes in the cost of goods and services purchased by governments
  • Economic Growth: adjusts for changes in the size of the state economy (measured in terms of total personal income)
  • None: does not capture changes in the value of a dollar over time.
Higher Education

funding levels adjusted for inflation (cpi)

  • Funding History
Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$1,630,051,696$1,630,051,696
FY23 Current$1,717,605,963$1,618,917,954
FY22$1,545,950,107$1,396,700,568
FY21$1,611,760,603$1,358,817,051
FY20$1,587,693,930$1,308,574,151
FY19$1,510,200,007$1,225,337,637
FY18$1,474,922,857$1,172,408,867
FY17$1,506,524,877$1,171,272,971
FY16$1,535,119,067$1,171,705,452
FY15$1,466,071,394$1,111,617,774
FY14$1,399,052,801$1,053,265,978
FY13$1,271,150,079$942,313,456
FY12$1,223,404,243$891,887,177
FY11$1,333,354,640$944,310,489
FY10$1,461,840,367$1,015,168,456
FY09$1,382,351,000$950,610,942
FY08$1,504,934,249$1,020,615,071
FY07$1,695,923,020$1,108,998,838
FY06$1,428,983,047$910,771,263
FY05$1,362,850,577$837,002,534
FY04$1,253,281,330$747,258,269
FY03$1,467,270,155$855,966,271
FY02$1,579,914,985$901,813,375
FY01$1,727,506,842$968,901,747

comparisons adjusted for inflation (cpi)

  • See Changes in Funding
Between and
Funding for Higher Education
14.1%

comparisons adjusted for inflation (cpi)

Adjusted for inflation (cpi) NOT adjusted
FY24 Gov$1,630,051,696$1,630,051,696
FY23 Current$1,717,605,963$1,618,917,954
FY23 GAA$1,717,605,963$1,618,917,954
FY23 Leg$1,717,605,963$1,618,917,954
FY23 Sen$1,657,184,332$1,561,967,952
FY23 SWM$1,654,433,265$1,559,374,952
FY23 Hou$1,654,640,396$1,559,570,182
FY23 HWM$1,652,942,861$1,557,970,182
FY23 Gov$1,543,473,385$1,454,790,463
FY22 GAA$1,542,795,717$1,393,850,710

funding levels adjusted for inflation (cpi)

  • Active Line Items
  • All Line Items
FY21FY22FY23 CurrentFY24 Gov
STEM Pipeline Fund$1,779,225$1,660,288$1,591,439$1,700,000
E.J. Collins Jr. Center for Public Management$296,537$276,715$265,240$250,000
Dartmouth/Bristol Community College Reserve$3,202,605$2,988,518$2,864,590$2,700,000
Nano/Bio-Manufacturing Facility - UMass Lowell$0$1,660,288$1,591,439$1,500,000
UMass Center at Springfield$0$0$265,240$250,000
Nursing and Allied Health Workforce Development$415,152$387,401$1,060,959$1,000,000
Department of Higher Education$6,319,956$6,095,124$13,053,132$4,672,123
New England Board of Higher Education$436,800$407,601$390,698$378,525
Workforce Development Grants to Community Colleges$3,439,834$1,604,945$1,538,391$1,450,000
Foster Care Financial Aid$1,761,432$1,643,685$1,575,524$1,485,000
Dual Enrollment Grants and Subsidies$3,558,449$6,641,152$9,548,633$10,000,000
Foster Care and Adopted Fee Waiver$8,652,857$8,074,435$7,739,603$7,294,911
Performance Management Set Aside$3,027,241$2,824,877$2,707,735$2,552,157
STEM Starter Academy$5,634,212$5,257,579$5,039,556$4,750,000
Adult College Transition Services$593,075$608,772$530,480$0
Public Matching Grants for Private Funds$-422,976$394,701$21,219,185$0
Becker College Nursing Program Support$0$3,126,876$0$0
State University & Community College Mental Health Supports$0$0$4,485,736$4,428,000
State University Incentive Grants$6,488,085$6,457,712$9,550,060$9,820,456
Inclusive Concurrent Enrollment$2,375,831$2,217,014$4,243,837$4,000,000
Massachusetts State Scholarship Program$146,489,503$144,445,054$185,827,011$175,150,000
High Demand Scholarship Program$1,779,225$2,213,717$2,121,918$0
Tufts School of Veterinary Medicine Program$6,523,824$6,087,723$6,365,755$5,500,000
University of Massachusetts$664,783,502$632,232,038$704,605,312$683,436,930
Office of Dispute Resolution$3,044,923$2,853,844$2,878,876$2,713,465
Center for Portuguese Studies and Culture$0$0$265,240$250,000
Institute of Asian American Studies$0$332,058$318,288$300,000
Innovation Commercialization Seed Fund$474,460$442,743$424,384$0
Innovation Voucher Program Fund$2,372,300$0$2,121,918$0
Massachusetts Community Colleges$8,303,049$6,942,066$10,111,802$10,078,100
Community College SUCCESS Fund$6,978,402$11,622,016$14,853,429$18,000,000
Bridgewater State University$60,637,413$58,229,625$61,646,388$59,742,662
Fitchburg State University$38,609,066$36,663,420$38,180,131$37,040,024
Framingham State University$38,421,943$36,571,260$38,125,172$36,934,442
Mass. College of Liberal Arts$21,557,440$20,537,248$21,366,932$20,502,264
Mass. College of Liberal Arts Gallery 51 / Berkshire Cultural Resource Center$0$55,343$53,048$50,000
Salem State University$58,362,699$55,420,585$57,591,692$55,709,372
Frederick E. Berry Institute for Politics and Civic Engagement at Salem State University$237,230$221,372$212,192$200,000
Westfield State University$36,614,017$34,862,147$36,297,324$35,299,405
Worcester State University$35,610,353$34,037,451$35,421,624$34,359,139
Massachusetts College of Art$24,213,131$23,004,810$23,852,575$23,163,212
Massachusetts Maritime Academy$22,506,211$21,423,518$22,718,773$22,041,908
Berkshire Community College$14,219,047$13,538,440$13,416,118$13,051,816
Bristol Community College$27,820,677$26,845,154$27,284,468$26,405,109
Veterans Educational Service Center at Bristol Community College$59,307$0$0$0
Cape Cod Community College$15,895,512$15,093,340$15,010,622$14,535,910
Greenfield Community College$13,722,496$13,088,246$13,057,753$12,784,149
Holyoke Community College$26,463,189$25,258,731$24,894,947$23,963,238
Massachusetts Bay Community College$20,713,475$19,724,345$19,553,142$19,018,659
Massasoit Community College$27,839,796$26,432,537$26,309,786$25,447,005
Mount Wachusett Community College$18,860,942$18,156,986$17,999,349$17,529,267
Brewer Center for Civic Learning and Community Engagement$177,922$166,029$159,144$150,000
Northern Essex Community College$25,811,185$24,527,885$24,429,662$23,542,083
North Shore Community College$28,651,023$27,228,929$27,072,850$26,242,903
Quinsigamond Community College$28,082,032$26,802,635$26,725,484$26,097,176
Springfield Technical Community College$32,776,229$31,054,134$30,630,723$29,582,742
Roxbury Community College$14,108,762$13,464,663$13,362,397$12,990,072
Reggie Lewis Track and Athletic Center$1,097,189$1,023,844$1,197,498$1,128,694
Reggie Lewis Track and Athletic Center Revenue$628,473$586,461$562,142$529,843
Middlesex Community College$30,770,363$29,448,046$29,199,018$28,229,781
Bunker Hill Community College$34,960,779$33,879,865$33,806,352$32,860,128
PACE Initiative$355,845$332,058$318,288$300,000
Higher Education Health and Welfare Reserve$6,307,012$7,226,699$6,927,021$6,529,017
National Guard Tuition and Fee Waivers$17,362,342$11,545,360$11,067,936$10,432,009
FY21FY22FY23 CurrentFY24 Gov
Mass. STEM Grant Fund$0$0$0$0
Haverhill Satellite Center Trust Fund$0$0$0$0
Commonwealth Covenant Fund Transfer$0$0$0$0
STEM Pipeline Fund$1,779,225$1,660,288$1,591,439$1,700,000
Commonwealth Covenant Fund$0$0$0$0
Community College Collective Bargaining Reserve$0$0$0$0
State University Collective Bargaining Reserve$0$0$0$0
State and Community College Capital Projects$0$0$0$0
UMass Campus Facility Capital Projects$0$0$0$0
Advanced Technology and Manufacturing Center$0$0$0$0
KERR MILL PROJECT IN FALL RIVER$0$0$0$0
UMass Amherst Nanotech$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
Community College Collective Bargaining$0$0$0$0
Community College Collective Bargaining$0$0$0$0
Community Colleges$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
State University Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Boston Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
State University Collective Bargaining$0$0$0$0
Community College Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
Community College Collective Bargaining$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
State University Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Boston Collective Bargaining$0$0$0$0
UMass Boston Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Collective Bargaining Reserve$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Collective Bargaining$0$0$0$0
UMass Boston Collective Bargaining$0$0$0$0
UMass Boston Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
UMass Lowell Collective Bargaining$0$0$0$0
E.J. Collins Jr. Center for Public Management$296,537$276,715$265,240$250,000
American Federation of State, County and Municipal Employees, Local 1067$0$0$0$0
Higher Education Collective Bargaining$0$0$0$0
Community College Collective Bargaining$0$0$0$0
State University Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Dartmouth Collective Bargaining$0$0$0$0
UMass Amherst Collective Bargaining$0$0$0$0
State University Collective Bargaining$0$0$0$0
Community Colleges Collective Bargaining$0$0$0$0
UMass Star Store$0$0$0$0
UMass Science Facility$0$0$0$0
Dartmouth/Bristol Community College Reserve$3,202,605$2,988,518$2,864,590$2,700,000
Nano/Bio-Manufacturing Facility - UMass Lowell$0$1,660,288$1,591,439$1,500,000
UMass Center at Springfield$0$0$265,240$250,000
Medical School Educational Track on Integrated Health$0$0$0$0
North Shore Community College Lease Costs$0$0$0$0
Nursing and Allied Health Workforce Development$415,152$387,401$1,060,959$1,000,000
Inclusive Concurrent Enrollment$0$0$0$0
Inclusive Concurrent Enrollment$0$0$0$0
Department of Higher Education$6,319,956$6,095,124$13,053,132$4,672,123
Office of Coordination$0$0$0$0
Compact for Education$0$0$0$0
New England Board of Higher Education$436,800$407,601$390,698$378,525
Community College Development Education Program$0$0$0$0
Workforce Development Grants to Community Colleges$3,439,834$1,604,945$1,538,391$1,450,000
Foster Care Financial Aid$1,761,432$1,643,685$1,575,524$1,485,000
Dual Enrollment Grants and Subsidies$3,558,449$6,641,152$9,548,633$10,000,000
Nursing and Allied Health Workforce Development Initiative$0$0$0$0
Foster Care and Adopted Fee Waiver$8,652,857$8,074,435$7,739,603$7,294,911
Graduation Task Force Initiative$0$0$0$0
Performance Management Set Aside$3,027,241$2,824,877$2,707,735$2,552,157
Science, Technology, Engineering and Mathematics Pipeline Fund$0$0$0$0
STEM Starter Academy$5,634,212$5,257,579$5,039,556$4,750,000
Youth Venture$0$0$0$0
Adult College Transition Services$593,075$608,772$530,480$0
Rapid Response Grants$0$0$0$0
Civic Engagement Program$0$0$0$0
National Guard Fee Waivers$0$0$0$0
Higher Education Consultant$0$0$0$0
Public Matching Grants for Private Funds$-422,976$394,701$21,219,185$0
Higher Education Public Safety Grants$0$0$0$0
Mass. Space Grant Consortium$0$0$0$0
Private Fundraising by Public Higher Education$0$0$0$0
Endowment Incentive Fund$0$0$0$0
Becker College Nursing Program Support$0$3,126,876$0$0
State University & Community College Mental Health Supports$0$0$4,485,736$4,428,000
SARA Implementation$0$0$0$0
Community College Workforce Grants$0$0$0$0
Completion Incentive Grants$0$0$0$0
State University Incentive Grants$6,488,085$6,457,712$9,550,060$9,820,456
Inclusive Concurrent Enrollment$2,375,831$2,217,014$4,243,837$4,000,000
McNair Financial Assistance Program$0$0$0$0
State College Access Grants$0$0$0$0
Massachusetts State Scholarship Program$146,489,503$144,445,054$185,827,011$175,150,000
High Demand Scholarship Program$1,779,225$2,213,717$2,121,918$0
Library Materials$0$0$0$0
Tufts School of Veterinary Medicine Program$6,523,824$6,087,723$6,365,755$5,500,000
Tufts School of Veterinary Med. Workforce Training$0$0$0$0
Tomorrows Teachers Program$0$0$0$0
BSC Deferred Maintenance Reserve$0$0$0$0
University of Massachusetts$664,783,502$632,232,038$704,605,312$683,436,930
Presidential Debate Security$0$0$0$0
Winter Moth Worm Study at UMass$0$0$0$0
Endowment Incentive Program$0$0$0$0
UMass Endowment Program$0$0$0$0
Edward J. Collins, Jr. Center for Public Management$0$0$0$0
Commonwealth College Honors Program$0$0$0$0
UMass Biomedical Institute$0$0$0$0
UMass Lowell Tuition Reimbursement$0$0$0$0
Office of Dispute Resolution$3,044,923$2,853,844$2,878,876$2,713,465
Center for Portuguese Studies and Culture$0$0$265,240$250,000
Institute of Asian American Studies$0$332,058$318,288$300,000
Innovation Commercialization Seed Fund$474,460$442,743$424,384$0
UMass Medical School Medical Research$0$0$0$0
Innovation Voucher Program Fund$2,372,300$0$2,121,918$0
Massachusetts Community Colleges$8,303,049$6,942,066$10,111,802$10,078,100
Community College SUCCESS Fund$6,978,402$11,622,016$14,853,429$18,000,000
UMS Food Science Department$0$0$0$0
Bridgewater State University$60,637,413$58,229,625$61,646,388$59,742,662
Fitchburg State University$38,609,066$36,663,420$38,180,131$37,040,024
Framingham State University$38,421,943$36,571,260$38,125,172$36,934,442
MetroWest College Planning Center$0$0$0$0
Mass. College of Liberal Arts$21,557,440$20,537,248$21,366,932$20,502,264
Mass. College of Liberal Arts Gallery 51 / Berkshire Cultural Resource Center$0$55,343$53,048$50,000
Mass. College of Liberal Arts Capacity Building$0$0$0$0
Salem State University$58,362,699$55,420,585$57,591,692$55,709,372
Salem State College - GTE/Sylvania Property Reserve$0$0$0$0
Salem State College Aquaculture Program$0$0$0$0
Salem State Second-Degree Nursing Program$0$0$0$0
Frederick E. Berry Institute for Politics and Civic Engagement at Salem State University$237,230$221,372$212,192$200,000
Westfield State University$36,614,017$34,862,147$36,297,324$35,299,405
Worcester State University$35,610,353$34,037,451$35,421,624$34,359,139
Worcester State College Latino Education Institute$0$0$0$0
Rockwood Field Improvements$0$0$0$0
Worcester State Matching Grant$0$0$0$0
Massachusetts College of Art$24,213,131$23,004,810$23,852,575$23,163,212
Mass. Maritime Academy Storer Engineering$0$0$0$0
Massachusetts Maritime Academy$22,506,211$21,423,518$22,718,773$22,041,908
Berkshire Community College$14,219,047$13,538,440$13,416,118$13,051,816
Bristol Community College$27,820,677$26,845,154$27,284,468$26,405,109
Veterans Educational Service Center at Bristol Community College$59,307$0$0$0
Cape Cod Community College$15,895,512$15,093,340$15,010,622$14,535,910
Envir. Tech., Educ. and Job Training Partnership$0$0$0$0
FAA-Certified Airframe and Power Plant Program$0$0$0$0
Greenfield Community College$13,722,496$13,088,246$13,057,753$12,784,149
Holyoke Community College$26,463,189$25,258,731$24,894,947$23,963,238
Holyoke Community College Home Information Center$0$0$0$0
Massachusetts Bay Community College$20,713,475$19,724,345$19,553,142$19,018,659
Massasoit Community College$27,839,796$26,432,537$26,309,786$25,447,005
Mount Wachusett Community College$18,860,942$18,156,986$17,999,349$17,529,267
Brewer Center for Civic Learning and Community Engagement$177,922$166,029$159,144$150,000
Field Maintenance$0$0$0$0
Youth Venture$0$0$0$0
Civic Engagement Program$0$0$0$0
Mt. Wachusett Community College Renewable Energy$0$0$0$0
Northern Essex Community College$25,811,185$24,527,885$24,429,662$23,542,083
Northern Essex Community College Expansion Programs$0$0$0$0
North Shore Community College$28,651,023$27,228,929$27,072,850$26,242,903
North Shore Community College Public Policy Institute$0$0$0$0
North Shore Community College Essex Agricultural Institute$0$0$0$0
Quinsigamond Community College$28,082,032$26,802,635$26,725,484$26,097,176
Springfield Technical Community College$32,776,229$31,054,134$30,630,723$29,582,742
Center for Telecommunications and Info. Tech.$0$0$0$0
Roxbury Community College$14,108,762$13,464,663$13,362,397$12,990,072
Reggie Lewis Track and Athletic Center$1,097,189$1,023,844$1,197,498$1,128,694
Reggie Lewis Track and Athletic Center Revenue$628,473$586,461$562,142$529,843
Roxbury Community College Technology Upgrades$0$0$0$0
Roxbury Community College Information Technology$0$0$0$0
Middlesex Community College$30,770,363$29,448,046$29,199,018$28,229,781
Bunker Hill Community College$34,960,779$33,879,865$33,806,352$32,860,128
PACE Initiative$355,845$332,058$318,288$300,000
Higher Education Health and Welfare Reserve$6,307,012$7,226,699$6,927,021$6,529,017
Lyme Disease PrEP$0$0$0$0
Brewer Center for Civic Learning and Community Engagement$0$0$0$0
National Guard Tuition and Fee Waivers$17,362,342$11,545,360$11,067,936$10,432,009
College Affordability and Success Trust Fund$0$0$0$0

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