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Commitment to Student Success University of Idaho 2012-13 Fee Presentation April 18, 2012


Change in Funding Sources General Educa,on  Budget  

FY01

FY12

•  State Funds      -­‐    73%   •  Tui1on/Fees    -­‐    19%   •  Endowment  -­‐      8%  

•  State Funds    -­‐    49%   •  Tui1on/Fees    -­‐  47%   •  Endowment      -­‐    4%  


FY13 Fiscal Challenges •  2% CEC  plus  Increased  Medical  Benefits   •  $4.3  million  

•  Required Increases  (u1li1es,  contracts,  promo1ons,  library)   •  $2.1  million  

•  Unfunded State  Obliga1ons   •  $3.6  million  

•  Moving the  University  Forward   •  $1.3  million  

•  Total Challenge:    $11.3  million  


Existing Tuition and Fee Package

Fees

                         Amount per year

Facility Fee Technology Fee

$790.50 $125.40

Student Activity Fee

$1,065.92

Tuition (Matriculation Fee)

$3,874.18

$5,856.00


Fee Increase Proposal •  Tui1on and  Fee  Package   •  6.1%  =

Addi1onal  revenue

$356  per  year    $2.5  million  

•  Student Ac1vity  Fee

No  Increase  

•  Facility Fee  

No  increase  

•  Technology Fee

No  Increase  

•  Nonresident Fee  

$268  per  year  

•  2.1%      =  Addi1onal  revenue

•  Graduate Fee •  15%    =

Addi1onal  revenue

$800,000  

$124  per  year    $80,000  


FY13 Tuition & Fee Rates

•  Resident             •  Peer  Avg.  Resident  (est.)  

$6,212        $8,290  

–  75% of  the  peer  average    

•  Non-­‐resident         •  Peer  Avg.  Non-­‐resident  (est.) –  90%  of  the  peer  average.  

$19,000    $21,200  


New FY13 Resources

•  State Funding   •  CEC  +  Medical  Benefits •  EWA       •  Occupancy  Costs  

   

$2.1  million    $0.9  million    $0.6  million  

•  Tui1on and  Fees   •  Fee  Increase  Proposal   •  Summer  Session  (FY12  rate)

•  Total

$3.4  million    $0.3  million  

$7.3  million  


Meeting the Challenges •  CEC plus Medical Benefit Increase •  State Appropriation •  Tuition and Fees •  Reallocations

~ $4.3 million ~ $2.1 million ~ $1.8 million ~ $0.4 million

•  Required Cost Increases •  EWA Funding •  Occupancy Cost Funding •  Tuition and Fees

~ $2.1 million ~ $0.9 million ~ $0.6 million ~ $0.6 million

•  Moving Forward •  Tuition and Fees •  Unfunded State Obligations •  Unaddressed

~ $1.3 million ~ $1.3 million ~ $3.6 million


Context

•  Fiay State  Peer  Comparison   •  47th  in  na1on  for  resident  tui1on  and  fees   •  Utah  State  and  Wyoming  are  lower   •  Median  Household  Income  –  Idaho  ranks  31st  

•  36% of  entering  students  are  First  Genera1on  


Inflation and Efficiency

•  Higher Educa1on  Price  Index  (HEPI)   •  46.5%  cumula1ve  infla1on  over  past  decade  

•  Total “purchasing  power”  per  student   •  20%  decrease  over  past  decade  

•  Impact •  20%  more  efficient  per  FTE  than  in  FY01  

•  Revenue Impact   •  Would  need  addi1onal  $36  million  to  recapture   FY01  purchasing  power  


Positive Steps for Change

•  Promote entrepreneurial  thinking  to  cut  costs  &  raise   revenues   •  Increase  class  and  program  efficiencies   •  Ac1vely  expand  on-­‐line,  dual  &  summer  courses   •  Refine  interac1ve  learning  opportuni1es   •  Revamp  financial  aid  program   •  Restructured  research  &  economic  development   •  Overhauled  recrui1ng,  enrollment  processes   •  Increase  community  involvement  


Building for the Future

Conclusion

State Board of Education Tuition & Fee Hearing 4/18/2012  

The University of Idaho, along with the state's other higher education institutions, presented a proposal for AY2013 adjustments to tuition...

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