Introducing GW’s Budget Model Redesign Process and Guiding Principles (Faculty and Staff)

Like with all organizations of similar complexity, GW’s budget allows us to maintain control over our finances, achieve financial goals, and ensure we can meet our needs and wants while avoiding debt and preparing for the unexpected. In 2024, the university launched an initiative to evolve our current budget model to better align our financial resource allocations with our academic and research aspirations and strategic priorities. Our budget model is the combination of policies, processes, tools, and decisions for allocating financial resources to the colleges and units across campus.