RALEIGH, N.C. — Money is expected to be an issue when North Carolina State University starts looking for a new leader.

The Raleigh research university said Friday that Chancellor Marye Anne Fox will leave N.C. State to become head of the University of California at San Diego.

Fox's new salary won't be released until later this month, after her deal with the California school is approved by that state's university trustees.

University of North Carolina President Molly Broad says the offer was so much larger than the nearly $250,000 Fox receives from N.C. State that a counteroffer wasn't possible.

Broad says N.C. State's new chancellor will have to be offered more than what Fox was paid.

But UNC Board of Governors Chairman Brad Wilson says the state university system will be hard pressed to pay much more money. He says N.C. State has a positive momentum that will attract some of the best and brightest candidates in the country.