A T UITION O VERVIEW T HE UWF S TORY U NIVERSITY OF W EST F LORIDA B OARD OF T RUSTEES M AY 23, 2012...
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A TUITION OVERVIEW THE UWF STORY UNIVERSITY OF WEST FLORIDA BOARD OF TRUSTEES MAY 23, 2012 SUSAN STEPHENSON AND COLLEEN ASMUS
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Transcript of A T UITION O VERVIEW T HE UWF S TORY U NIVERSITY OF W EST F LORIDA B OARD OF T RUSTEES M AY 23, 2012...
A TUITION OVERVIEW THE UWF STORY
UNIVERSITY OF WEST FLORIDABOARD OF TRUSTEES
MAY 23, 2012
SUSAN STEPHENSON AND COLLEEN ASMUS
2011 STATE SPENDING IN BILLIONS
STATE SUPPORT TREND
Fiscal YearReduction in Recurring State
Support
FY2008 (3,285,810)
FY2009 (5,044,082)
FY2010 (9,408,579)
FY2011 (488,830)
FY2012 (Not Counting Loss of $4.3M Stimulus) (3,611,028)
Five Year Total = 30% (Since FY2007) (21,838,329)
TUITION RATES BY STATE
Source: The College Board Annual Survey of Colleges
Rank State 2011-12 2010-11 % Change
US Average $8,244 $7,613 8.30%
43 Idaho $5,681 $5,330 6.60%
44 Mississippi $5,668 $5,294 7.10%
45 Florida $5,626 $5,034 11.80%
46 West Virginia $5,532 $5,226 5.90%
47 New Mexico $5,457 $5,128 6.40%
48 Alaska $5,456 $5,261 3.70%
49 Utah $5,292 $4,916 7.60%
50 Louisiana $5,123 $4,733 8.20%
51 Wyoming $4,125 $3,927 5.00%
IPEDS DATA FEEDBACK REPORT - 2011A
cade
mic
Yea
r
CURRENT YEAR RECURRING BUDGET
STATE FUNDING TREND
NEW YEAR RECURRING BUDGET
UWF STATE FUNDING TREND
UWF BUDGET MIX TRENDS
HISTORY OF FUNDING PER STUDENT FTE
THE IMPORTANCE OF DIFFERENTIAL FUNDING PER STUDENT FTE
SCHOLARSHIPS & GRANTS INFORMATION FOR
UNDERGRADUATE FLORIDA RESIDENTSAT UWF
Pell
Bright
Fut
ures
All Oth
er S
chol
arsh
ips & G
rant
s
Agenc
y Bill
ings
Wai
vers
$13,720,616
$6,513,099 $7,074,344
$2,329,586 $2,155,943
Florida Undergraduate Scholarships & Grants Fall 2011 & Spring 2012
39%
18%
27%
15%
Scholarships & Grants Coverage of Tuition and Fees Fall 2011 & Spring 2012
Scholarships/Grants Meet or Exceed Tuition and Fees
Student Owes Between $.01 and $999.99 per Term
Student Owes Between $1000 and $1999.99 per Term
Student Owes $2000 or More per Term
79%
14%5% 1%
Scholarships & Grants Coverage of Tuition and Fees
Students with Pell Fall 2011 & Spring 2012
Scholarships/Grants Meet or Exceed Tuition and Fees
Student Owes Between $.01 and $999.99 per Term
Student Owes Between $1000 and $1999.99 per Term
Student Owes $2000 or More per Term
67%
13%
13%7%
Coverage of Tuition and Fees - Including Loans and Florida Prepaid Fall 2011 & Spring 2012
Resources Meet or Exceed Tuition and Fees
Student Owes Between $.01 and $999.99 per Term
Student Owes Between $1000 and $1999.99 per Term
Student Owes $2000 or More per Term
2007 2008 2009 2010 2011 20120%
20%
40%
60%
80%
100%Scholarships & Grants
Student Owes More Than $2000 per Term
Student Owes Between $1000 and $1999.99 per Term
Student Owes Between $.01 and $999.99 per Term
Resources Meet or Exceed Tuition and Fees
2007 2008 2009 2010 2011 20120%
20%
40%
60%
80%
100%With Loans & Prepaid
Student Owes More Than $2000 per Term
Student Owes Between $1000 and $1999.99 per Term
Student Owes Between $.01 and $999.99 per Term
Resources Meet or Exceed Tuition and Fees
BASE TUITION VS. DIFFERENTIAL Base Differential
% of Student Who Will Pay 100% 84.5%
Dollars Available for Operations (70%) $ 18.71 $ 13.10
Dollars for Need Based Aid (30%) $ 5.61
Net to Operations $ 18.71 $ 11.07
Student Activity Fee, Athletic Fee, and Health Fee
15%(Greater of 5% or %
Base Increase) Zero
Technology Fee & Financial Aid Fee5% of Base
Tuition Zero
QUESTIONS
