VISUAL ARTS

HOW HAS CAC'S BUDGET CHANGED OVER THE YEARS?

CAC's budget has grown substantially over the years to keep up with our changing world. The budget for 1984-85 was $4.25 million, or $9.5 million in today's dollars, versus $19.5 million for 2015-2016. Combined with the growth in the CAC budget is the tremendous rate of inflation in Egypt. Factors accounting for the budget growth include the ever-rising costs associated with: attracting and retaining top faculty, maintaining aging infrastructure while updating and modernizing the campus, and investing in new instructional technologies.