[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-587381-105":3,"detail-sidebar-cat-0-en-105":80,"doc-detail-587381-en":130},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","sheeo-state-higher-education-finance-fy-2025","SHEEO: STATE HIGHER EDUCATION FINANCE - FY 2025","","FY 2025 presents the annual State Higher Education Finance (SHEF) report produced by the State Higher Education Executive Officers Association (SHEEO). The report expands understanding of state-level and national funding and enrollment trends by reviewing the most recently completed fiscal year. It includes a robust dataset covering fiscal years 1980–2025 with detailed information on state and local funding, tuition revenue, and enrollment. The interactive version offers adjustable visualizations and downloadable datasets, supported by state agency data and accompanied by figure and table references.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/document/","Document",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/document/research-report/","Research & Report",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/document/sheeo-state-higher-education-finance-fy-2025/587381/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/sheeo-state-higher-education-finance-fy-2025/587381.png","ImageObject",300,407,{"name":42,"@type":43},"วิน","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-22","2026-10-15",true,{"@type":52,"interactionType":53,"userInteractionCount":33},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is the SHEF report in FY 2025?","Question",{"text":62,"@type":63},"The FY 2025 SHEF report is the annual State Higher Education Finance report produced by SHEEO to broaden understanding of state-level and national funding and enrollment trends over time.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What time range and data types does the report include?",{"text":67,"@type":63},"SHEF includes a dataset for fiscal years 1980–2025 with detailed data on state and local funding, tuition revenue, and enrollment.",{"name":69,"@type":60,"acceptedAnswer":70},"Where can readers access the interactive version of the report and its datasets?",{"text":71,"@type":63},"The fully interactive version is available at shef.sheeo.org, with adjustable visualizations and downloadable datasets for all figures and tables.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},587381,1792209287,{"code":4,"msg":81,"data":82},"success",[83,87,91,95,100,105,110,114,119,122,126],{"id":22,"doc_module":4,"doc_module_name":25,"category_name":84,"show_sort_weight":85,"slug":86},"Story & Novel",90,"story-novel",{"id":26,"doc_module":4,"doc_module_name":25,"category_name":88,"show_sort_weight":89,"slug":90},"Literature",80,"literature",{"id":33,"doc_module":4,"doc_module_name":25,"category_name":92,"show_sort_weight":93,"slug":94},"Exam",70,"exam",{"id":96,"doc_module":4,"doc_module_name":25,"category_name":97,"show_sort_weight":98,"slug":99},5,"Comic",60,"comic",{"id":101,"doc_module":4,"doc_module_name":25,"category_name":102,"show_sort_weight":103,"slug":104},6,"Technology",50,"technology",{"id":106,"doc_module":4,"doc_module_name":25,"category_name":107,"show_sort_weight":108,"slug":109},7,"Healthcare",40,"healthcare",{"id":111,"doc_module":4,"doc_module_name":25,"category_name":29,"show_sort_weight":112,"slug":113},8,30,"research-report",{"id":115,"doc_module":4,"doc_module_name":25,"category_name":116,"show_sort_weight":117,"slug":118},9,"Religion & Spirituality",20,"religion-spirituality",{"id":117,"doc_module":4,"doc_module_name":25,"category_name":120,"show_sort_weight":117,"slug":121},"World Cup","world-cup",{"id":123,"doc_module":4,"doc_module_name":25,"category_name":124,"show_sort_weight":123,"slug":125},10,"Lifestyle","lifestyle",{"id":127,"doc_module":4,"doc_module_name":25,"category_name":128,"show_sort_weight":96,"slug":129},19,"General","general",{"code":4,"msg":81,"data":131},{"doc_id":78,"user_id":132,"nickname":42,"user_avatar":133,"doc_module":4,"category_id":111,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":134,"file_id":135,"file_url":136,"file_type":137,"file_size":138,"view_count":33,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":139,"language":140,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":141,"faqs":142,"seo_title":143,"seo_description":12,"update_tm":144,"read_time":145},2336475104736,"https://ap-avatar.wpscdn.com/avatar/22000c4c5e0e5b17e70?x-image-process=image/resize,m_fixed,w_180,h_180&k=1786591360781797222","FY 2025  \nThe State Higher Education Executive Officers Association (SHEEO) serves the chief executives of statewide governing, policy, and coordinating boards of postsecondary education and their staffs. Founded in 1954, SHEEO promotes an environment that values higher education and its role in ensuring the equitable education of all Americans, regardless of race/ethnicity, gender, or socioeconomic factors. Together with its members, SHEEO aims to achieve this vision by equipping state higher education executive officers and their staffs with the tools to effectively advance the value of higher education, promoting public policies and academic practices that enable all Americans to achieve success in the 21st century, and serving as an advocate for state higher education leadership. For more information, visit [sheeo.org](sheeo.org).  \n© 2026 State Higher Education Executive Officers Association  \nSHEEO: STATE HIGHER EDUCATION FINANCE: FY 2025  \n2  \nSince 2003, the State Higher Education Executive Officers Association (SHEEO) has produced the annual State Higher Education Finance (SHEF) report to broaden understanding and enable analysis of state-level and national funding and enrollment trends over time. The SHEF report provides the earliest possible review of state funding for higher education for the most recently completed fiscal year. SHEEO developed the SHEF report building directly on a 25-year effort by Kent Halstead, an analyst and scholar of state policy for higher education. As a result, SHEF includes a robust dataset for fiscal years 1980-2025 with detailed data on state and local funding, tuition revenue, and enrollment.  \nThe 2025 SHEF report was authored by Rachel Burns, Senior Policy Analyst, and Dustin Weeden, Associate Vice President. The report would not have been possible without additional support, particularly from Jessica Duren and Kelsey Heckert.  \nWe are deeply indebted to the staff of state higher education agencies who annually provide the state-and sector-level data essential for the preparation of this report. Without their diligent work, this project would not be possible.  \nA fully interactive version of this report, with adjustable visualizations and downloadable datasets for all figures and tables, is available at shef.sheeo.org.  \nThe data in the SHEF report and accompanying website may be freely used with appropriate attribution and citation: State Higher Education Executive Officers Association. (2026). State Higher  \nEducation Finance: FY 2025.  \nSHEEO: STATE HIGHER EDUCATION FINANCE: FY 2025  \n3  \nTABLE OF CONTENTS  \nINDEX OF FIGURES.................................................................................................................................. 5  \nINDEX OF TABLES .................................................................................................................................... 6  \nEXECUTIVE SUMMARY.............................................................................................................................7  \nSOURCES AND USES OF STATE FUNDING .......................................................................................... 12  \nSOURCES OF STATE FUNDING ...................................................................................................................... 13  \nUSES OF STATE FUNDING ................................................................................................................................15  \nDISTRIBUTION OF REVENUE: WAVE CHARTS AND STUDENT SHARE............................................ 19  \nOVERVIEW: TRENDS OVER TIME.................................................................................................................... 19  \nEDUCATION APPROPRIATIONS AND TUITION REVENUE ..................................................................... 24  \nFINANCIAL AID PERCENTAGE OF EDUCATION APPROPRIATIONS...................................................... 29  \nSTUDENT SHARE ................","cbCairD2AbfaPxju","https://ap.wps.com/l/cbCairD2AbfaPxju","pdf",7334637,75,"English","# Executive Summary\n# Sources and Uses of State Funding\n# Distribution of Revenue: Wave Charts and Student Share\n# Overview: Trends Over Time\n# Education Appropriations and Tuition Revenue\n# Financial Aid Percentage of Education Appropriations\n# Student Share\n# Enrollment and State Funding\n# Student Enrollment\n# Education Appropriations\n# State Public Financial Aid\n# Financial Aid Percentage of Education Appropriations\n# Net Tuition and Total Education Revenue\n# Net Tuition and Fee Revenue\n# Total Education Revenue\n# Conclusion\n# Reasons for Optimism\n# Causes for Concern","[{\"question\":\"What is the SHEF report in FY 2025?\",\"answer\":\"The FY 2025 SHEF report is the annual State Higher Education Finance report produced by SHEEO to broaden understanding of state-level and national funding and enrollment trends over time.\"},{\"question\":\"What time range and data types does the report include?\",\"answer\":\"SHEF includes a dataset for fiscal years 1980–2025 with detailed data on state and local funding, tuition revenue, and enrollment.\"},{\"question\":\"Where can readers access the interactive version of the report and its datasets?\",\"answer\":\"The fully interactive version is available at shef.sheeo.org, with adjustable visualizations and downloadable datasets for all figures and tables.\"}]","SHEEO: STATE HIGHER EDUCATION FINANCE - FY 2025 | PDF",1792061732,189]