About
The Office of Budget and Finance team provides effective fiscal leadership and stewardship of the University’s financial resources while partnering with the commonwealth campuses, campus schools/colleges and departments to manage funds, analyze and improve business processes and make strategic financial decisions that are compliant and timely. In addition, the Office provides financial analysis and services to support the students, faculty, and staff of the University, as well as alumni and external partners.
Mission
Our mission is to provide University partners and stakeholders with the tools and resources needed to be well-informed leaders and effective decision-makers. We provide data, information, analysis, knowledge, and methods for our leaders to anticipate and respond effectively to the challenges facing the university. In addition, our student-facing operations are here to provide exceptional customer service.
The Office of Budget and Finance Exists to
Act as Stewards
of the financial resources entrusted to the University in support of its vision to have a transformative impact on society through continual innovation in education, research, creativity, and entrepreneurship.
Serve and Support
students, faculty, staff, and others who have a vested interest in the financial activity and health of the University. To accomplish this, we advise on strategic financial planning and decision-making, improve transparency with financial data, and ensure compliance with applicable laws and regulations. We deliver effective and quality service to meet our customers’ business and financial needs.
Adhere to Core Values
including:
- Dedication to excellence and fiscal integrity.
- Recognition of the talents, strengths, and contributions of our employees
- Collaboration and communication in order to build strong bonds throughout the University
- Innovation in the services we provide our stakeholders.
- Efficiency in business practices; while adapting quickly to changing needs while providing direction and value in all applicable areas.
- Excellence in customer service
Vision
Our vision is to recruit, develop and retain a diverse and effective team of people who will provide exceptional service and support to Penn State’s teaching, research, and public service missions. Through improved career development pathing, continued focus on efforts in diversity and inclusion, and adoption of emerging enterprise-level tools, we will enhance the quality of service provided to the university and capitalize on the improved data available to facilitate informed decision-making regarding institutional resources to sustain the University’s financial strength for the benefit of current and future generations.