Budget Model
The University has launched an initiative to review and enhance our current budget model to ensure that it continues to align with our academic and research aspirations.
Led by a committee of GW academic, research and financial leaders, this process engages key stakeholders across our campus, enabling us to review our current processes for budgeting, financial planning, and central administrative services and identify enhancement opportunities to increase alignment with our strategic priorities, desired future-state objectives, and financial management goals, including multi-year planning.
A Message from the Provost and the EVP, CFO & Treasurer
Guiding Principles
These guiding principles will help inform decision-making for the development of the new budget model.
Support "One GW" by balancing the needs of the University with those of its individual academic and non-academic units.
Uphold the University's mission, vision, and values through investment in innovation and decision-making designed to achieve institutional excellence.
Promote collaboration across units and facilitate discussions that support the growth and long-term success of strategic priorities.
Advance institutional excellence by incentivizing positive student outcomes, research growth, responsible stewardship, and accountability of resources within units and across the University.
Support multi-year financial management of all funding sources that is flexible, enables future forecasting, and adapts to changing conditions while strengthening the University’s financial health and resiliency.
Allocate financial resources transparently and predictably across academic and administrative units, fostering trust and confidence amongst university stakeholders.
Fiscal Year 2025 | FY 2026 | FY 2027 | |||
Fall 2024 Semester | Spring 2025 Semester | ||||
Step I: Mobilize | Step II: Assess | Step III: Develop | Step IV: Confirm | Step V: Implement | |
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