Budget Cycle

Budget Guidelines

Financial Management Guidelines

The financial position and future of the Colorado School of Mines is dependent on several variables including enrollment, research growth, changes in industry demand, and competing institutions at the national and international levels. In order to capitalize on these variables and respond to the challenges they may present, the university must maintain a strong financial position, flexible resources, and accountable financial management. The Financial Management Guidelines are designed to provide the ability to track, forecast, and project current and future resource needs in order to respond to the changing financial environment and to continuously strengthen the university’s financial position.

Capital Budget Guidelines

The Colorado School of Mines capital budget is impacted by several factors including the
implementation of a new strategic plan, the growth in enrollment and research, and the availability of
state funds for deferred maintenance projects. The Capital Budget Guidelines have been developed to ensure all
competing factors are considered and any use of capital funds is fully vetted and align to the overall
mission and goals of the university. 

SB003 Guidelines
  • Colorado School of Mines intends to use fee-for-service funding from the State of Colorado to provide access and affordability to Mines for Colorado’s best and brightest students. The SB003 Guidelines have been developed to identify what our fee-for-service funds will be used for. SB003 Guidelines – State statutes:
  • Colorado Revised Statutes 2016 – TITLE 23

 

Fees and Charges

Student Fee Guidelines

Mines evaluates fees and charges annually and works with campus departments and students to propose next year’s rates. In accordance with C.R.S. 23-1-123 (HB94-1362), the Mines Board of Trustees adopted the Institutional Plan for Student Fees and Other Charges. The Guidelines for the Board Policy and a listing of Fees and Other Charges that the Board of Trustees approved for FY 2023-2024 are provided here for reference. Note that the Guidelines for the Board Policy document includes important updated information for the fees and other charges process. The Colorado Commission on Higher Education Tuition and Fees policy specifically states that the institution’s governing board must approve all fees assessed to students, including those charged for a specific course.

To propose, adjust, or eliminate a fee or charge, please complete the FY2025 Fees and Charges Template.  Templates are due February 9, 2024.