| October | Rutgers submits its budget request to the state treasurer and the Commission on Higher Education. |
| February | At an address to a special joint session of the legislature, the governor submits his state budget proposal. (New governors may get an extension to March.) |
| March | The Assembly Budget Committee and the Senate Budget and Appropriations Committee hold public hearings. |
| March/April | College and university presidents and the head of the Commission on Higher Education give budget testimony before the appropriate legislative committees. |
| April | Rutgers Board of Governors holds an annual public hearing on tuition and fees for the coming year. |
| June | The legislature passes the fiscal year budget, which the governor must sign by June 30. The budget becomes effective July 1. |
| June/July | Rutgers Board of Governors sets tuition and fees, and establishes a working budget for the fiscal year. |