According to Michael Scullard, vice president for administration, Binghamton's budget for 1998-99 includes a modest inflationary increase over last year's base budget and funds to cover contractual salary increases.
Enrollment is where the bulk of the money comes from.
One reason we are getting more money is because our enrollments have been growing. The enrollment portion of the formula considers the number of full-time equivalent students in 12 categories, based on the cost of courses they are enrolled in. Courses fall into low, medium and high cost categories. The formula also considers both past enrollments and enrollment projections. But we also have to be productive to keep benefiting.