board of trustees update - michigan state university · financial aid 16 ‐ ... michigan ranks...

2016-17 Budget PlanningBoard of Trustees Update

1

Table of ContentsUniversity Overview 3‐7Overview of university operating accolades and metrics

Appropriations Overview 8‐15Includes detail on State and Federal appropriations issues impacting MSU

Financial Framework 62Overview of existing long‐term funding plans for strategic items such as Academic Competitiveness, technology, etc

Budget Overview 63‐70Detailed update on planning for the FY17 and FY18 budget

Financial Aid 16‐27Review of MSU financial aid resources

Academic Salaries 28‐36MSU standing versus Big Ten peers for faculty, GA, and TA salary and compensation

Operations Overview 37‐40Operational and personnel metrics

Enrollment Projections 41‐53Current enrollment profile and long‐term enrollment projections

Tuition and Fee Overview 54‐61Current tuition and fee rate standing versus Michigan and Big Ten peers, and revenue based programs

2

Rank Rank

1 Supply Chain Management (2016 ed. ed.) 7 Educational Administration and Supervision (2017 ed.)*

1 Elementary Teacher Education (2017 ed.)* 8 Production/Operations Management (2016 ed.)

1 Secondary Teacher Educatdion (2017 ed.)* 12 Accounting (2016 ed.)

2 Higher Education Administration (2017 ed.)* 11 Education Policy (2017 ed.)*

4 Curriculum and Instruction (2017 ed.)* 13 Special Education (2017 ed.)*

5 Educational Psychology (2017 ed.)* 20 Management (2016 ed.)

University Overview

University Overview | Michigan State University | O�ce of Planning and Budgets

Michigan State University has successfully navigated some of the most challenging times higher education has faced. Despite these challenges, MSU has augmented its position among the top 100 universities in the world, serving Michigan first.

Outreach & Learning Beyond the Classroom

Just over 2,000 study abroad participants.

Relentless Pursuit of Excellence and ValueThe 2014 graduation rate of 79% outperforms the U.S. News and World Report (USNWR) predicted rate by 11%; second in the Big Ten.

MSU had 8,623 Pell Grant recipients in 2013-14. The Carnegie Peers (public & private) average is 5,052.

32% participated in service learning as part of an academic course

68% participated in service learning without obtaining academic credit

More than 163,000 4-H youth participants.

Worked with more than 170 school districts across the state over the last three years. This includes 198 focus schools and 122 priority schools.

0 10 20 30 40

State Support for Higher EducationMichigan ranks 47th, out of 48 states reporting, for the rate of change in state appropriations for higher education over 10 years (2006-2016) and 40th of 48 states reporting for rate of change over 5 years.

10-Year Rate of Change Rank

5-Year Rate of Change Rank

40

47

-15.0%

-10.0%

-5.0%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

National Average

State of Michigan

-9.3%

25.5% If Michigan’s support for higher education funding kept pace with the national average, MSU’s state appropriation would be $87.8 million above the current funding level.

More than 26,100 students participated in service learning experiences during the 2014-15 academic year. This is an increase of more than 60% since the 2009-10 academic year.

Approximately 1 in 4 undergraduate students participate in research experiences annually.

More than 90% of all 2014 graduates surveyed were employed or continuing their education.

The 2016 USNWR ranks MSU 29th for undergraduate education amongst public institutions.MSU has 27 undergraduate and graduate programs in the top 20 nationwide including:

*Indicates graduate program

3

University Overview

University Overview | Michigan State University | O�ce of Planning and Budgets

Michigan State University has successfully navigated some of the most challenging times higher education has faced. Despite these challenges, MSU has augmented its position among the top 100 universities in the world, serving Michigan first.

Research Portfolio

For the period 2011-2014, MSU is 2nd in the Big Ten for rate of change for National Science Foundation Higher Education Research & Development (HERD) report R&D expenditures.

FRIB is a $730 million facility, with Congress approving $100M for the current fiscal year.

Sponsored awards now stand at $583 million. This is up more than 50% over the last ten years.

MSU research highlights include:the Great Lakes Bioenergy Research Center, the Center for Advancing Microbial Risk Assessment, the Institute for Cyber-Enabled Research, and the Center for Research on Ingredient Safety.

Helping Move Michigan’s Economy Forward

MSU’s total economic impact on the state isin excess of $5 billion.

7 o�-campus teaching locations 15 research stations20 medical sites more than 30 partner hospitals

Michigan (63%) Midwest (15%) Other location (22%)

Of 2014 graduates with employment, 63% are employed in Michigan and 78% found employment in the Midwest.

Across the state of Michigan, MSU has:

$511.3 million in spending with Michigan based companies.

$0

$100,000,000

$200,000,000

$300,000,000

$400,000,000

$500,000,000

$600,000,000

$700,000,000

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15

To

tal

Aw

ard

s

Total Sponsored Awards

Total awards up 54% over the last 10 years.

ARRA Funding

4

2015 Undergraduate Student Snapshot

University Overview

Fall 2015 Entering Class

There are a total of 50,543 total students, 77.4% are undergraduates.

The entering class consists of 7,967 students.

2014 Graduate Outcomes

Persistence & GraduationBetween 2009 and 2014, the number of first time undergraduate students returning for their first fall semester after their original enrollment has increased.

66%Admit Ratio

79%

72.1% 24.5% 22.4% 11%

are in-state students

of domestic students are students of color

are Pell Grant recipients are first generation students (according to the FAFSA)

Between 2005 and 2015, undergraduate enrollment increased nearly 10%.

Undergraduate Student Data Snapshot | Michigan State University | O�ce of Planning and Budgets

Of 2014 graduates with employment, 63% were employed in Michigan and an additional 15% were employed in the Midwest.

64% of 2014 graduates surveyed were employed within 6 months of graduation. This is the highest employment rate since the online survey of graduates began in 2006.

Employment Location

First Time Undergraduate

Average H.S. GPA: 3.68

Average In-State Net Price (2014-15): $14,601

91.1% of all undergraduate students are full time

On average, it takes first-time undergraduates 4.2 calendar years to earn a degree.

21.5% of all domestic undergraduate students are

students of color

MSU’s actual 6-year graduation rate for

the 2008 cohort beat the US News &

World Report predicted

graduation rate by 11 percentage

points.

34%Yield

35,678

39,143

30,000

32,000

34,000

36,000

38,000

40,000

42,000

2005 2015

Employed (64%)

Continuing education (26%)

Starting a business or other commitments (2%)

Unplaced or unresolved (8%)

68%

90.7

92.1

85.0

87.0

89.0

91.0

93.0

2009 2010 2011 2012 2013 2014

5

-150.0% -100.0% -50.0% 0.0% 50.0% 100.0% 150.0% 200.0% 250.0%

Financial Aid

Financial Aid | Michigan State University | O�ce of Planning and Budgets

Student Debt & Repayment

Total MSU Student Assistance Percent Change, FY2004-05 to 2014-15

$28,950

$29,450

$26,122 MSU

State of Michigan

National

Of students graduating with debt, the average amount of 2014 MSU graduates is lower than the state & national average.

Fewer MSU students graduate with debt compared to the state and national average.

FY04-05 FY14-15

Non-Governmental Loans & External Awards

Total Support

Federal

State

MSU General Fund

MSU Non-General Fund

83.5%

-92.1%

190.7%

$358.7

$44.2

$35.9

$41.8

$21.2

$658.2

$3.5

$61.3

$121.5

$44.7

$215.6 $427.2

(in millions, not adjusted for inflation)

MSU

State of Michigan

National

4% of MSU students default on their student loans. This is significantly lower than the national average of 11.8%

Undergraduate Financial Aid

Pell Grant

There were 38,786 undergraduates enrolled for the 2014-15 academic year. The average in-state net cost was $14,601.

Federal Student Loans

Number of recipients

Average amount of

aid awarded

Recipients as a percentage of all undergraduates

22%

45%

8,576

17,468

$4,329($37.1 million annually)

$7,326($127.9 million annually)

69%45% 62%

110.8%

70.8%

98.1%

6

All Funds Budget Snapshot

All Funds Budget Snapshot | Michigan State University | O�ce of Planning and Budgets

FY16 General Fund Budget = $1,263,800,000

FY 2016 General Fund Revenue

The General Fund does not support: Athletics MSU

HealthTeamHousing

Measures of E�ciency

FY 15 All Funds Budget

FY 2016 General Fund Expenditures

Tuition & Fees, 32.7%

Sponsored Programs,

18.6%

State Appropriation,

10.9%

Auxiliary Activities, 13.4%

Investment Income, 3.8%

Departmental Activities, 8.4%

AgBio/MSU Extension,

2.4% Gifts, 9.8%

Academic & Related Services, 63.7%

Scholarships & Fellowships, 2.9%

Physical Plant Operations, Institutional Support, & Depreciation, 19.0%

Auxiliary Enterprises, 14.2%

Other, 0.2%

FY 2015 All Funds Revenue = $2,435,300,000**Includes all University Advancement activity, deviates from audited financial reports.

FY 2015 All Funds Expenditures = $2,167,101,000

Tuition & Fees, 71.2%

State Appropriations, 21.2%

Indirect Cost Recoveries, 4.7%

Other, 0.6%

Investment Income, 2.3%

Academic & Related Services, 66.8%

Scholarships & Fellowships, 10.1%

Physical Plant Operations & Instiutional Support, 23.2%

Students Per Employee

MSU ranks 13th among 14 Big Ten Schools for the number of students per employee.

MSU functions with more students per employee than the Big Ten average.


4.21

3.23

0.00

1.00

2.00

3.00

4.00

5.00

MSU Big Ten Average

Expenses Per StudentMSU operates with $6,395 less per student than the Association of American Univierities (AAU) public median.

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

$16,000

$18,000

Instruction Research PublicService

AcademicSupport

InstitutionalSupport

StudentServices

Other CoreExpenses

MSU AAU Public Median

7

• FY17 appropriations recommendations in the context of significant additional resources directed towards roads, estimated cumulative GF impact of $806M FY19‐FY21

• Governor’s FY17 recommendation increases funding to higher ed by 4.3% within context of overall state GFGP increase of 1.6%

• Funding sufficient to restore total appropriations to FY11 level

• Institution by institution recommendations based on performance formula

• Institutional recommendations range from 3.5% to 6.8%

• Tuition cap indicated at 4.8%

• MSU appropriation recommended at 3.9% based on formula result

• Agbio/MSUE restored to FY11 levels with 2.3% recommendation

• Current conversation regarding further restoration for MSU and eliminating cap for Agbio/MSUE

• $1.5M anticipated for Animal Initiative from Department of Agriculture/Department of Environmental Quality for operational support

State of Michigan Context Executive Recommendation

8

Appropriations SummaryHouse Governor Senate

MSU Allocation ‐ Percent Increase 3.2% 3.9% 4.1%*

‐ Amount Increase $8.6M $10.4M $11.0M

Allocation Range 2.8% ‐ 4.7% 3.5% ‐ 6.8% 2.4% ‐ 6.8%*

Tuition Cap 4.8% 4.8% 4.8%

AgBio/MSUE 2.3% 2.3% 2.3%

Other Notes Additional model metric –

Community engagement

*$2.6M redirectedfrom OU and EMU to MSU, UM, WMU,

WSU

• FY17 appropriations recommendations in the context of significant additional resources directed towards roads, estimated cumulative GF impact of $806M FY19‐FY21

• Governor’s FY17 recommendation increases funding to higher education by 4.3% within context of overall state GFGP increase of 1.6%

• Funding sufficient to restore total appropriations to FY11 level; in total, MSU down $4.5M

• Current conversation regarding further restoration for MSU and eliminating cap for Agbio/MSUE

• $1.5M anticipated for Diagnostic Center for Population and Animal Health from Department of Agriculture/Department of Environmental Quality for operational support

9

Possible Range of Conference Options

House Governor SenateBest

Combination

MSU Allocation ‐ Percent Increase 3.2% 3.9% 4.1% 4.4%*

Increment from FY16 Appropriations ‐ $268.8M

$8.6M $10.4M $11.0M $11.8M

Variance from Governor’s Proposal ‐$1.8M ^ $0.6M $1.4M

*Applies House community engagement metric to Senate model

10

State of Michigan Context Performance Funding Model - Governor

Model Item Score MSU Funding Total Pool MSU %

Stand Alone Variables

Critical Skills Degrees 2,767 $1,135,139 $6,643,044 17%

R&D Expenditures $311,961,002 $822,172 $3,321,522 25%

Scored Variable

6‐Year Grad Rate 2 n.a. n.a. n.a.

Total Degrees 3 n.a. n.a. n.a.

Institutional Suppt % of Core Expenses^

0 n.a. n.a. n.a.

% Students ReceivingPell^

0 n.a. n.a. n.a.

Total Score* 5 $2,427,490 $19,929,033 11.3%

*Score multiplied by undergraduate FYES, resulting total divided by total score for all universities, multiplied by available funding

^Additional information on following page

11

State of Michigan Context Performance Funding Model – House

VersionModel Item Score MSU Funding Total Pool MSU %

Stand Alone Variables

Critical Skills Degrees 2,767 $878,285 $5,139,889 17%

R&D Expenditures $311,961,002 $636,135 $2,569,944 25%

Scored Variable

6‐Year Grad Rate 2 n.a. n.a. n.a.

Total Degrees 3 n.a. n.a. n.a.

Institutional Suppt % of Core Expenses^

0 n.a. n.a. n.a.

% Students Receiving Pell^ 0 n.a. n.a. n.a.

Carnegie Community Engagement Indicator

3 n.a. n.a. n.a.

Total Score* 8 $2,465,830 $15,419,667 16%

*Score multiplied by undergraduate FYES, resulting total divided by total score for all universities, multiplied by available funding

^Additional information on following page12

State of Michigan Context Performance Funding Model

% with Pell FY13 FY11 FY12 FY10MSU 24 26 25 23Median 27 27.5 27.5 24

In the current performance funding model, MSU received 0 points for thepercentage of Pell variable. This resulted from MSU's FY13 percentage Pellof 24 lagging the Carnegie peer median of 27 percent and declining from 26 percent in 2011. Nonetheless, MSU routinely enrolls approximately 8,800 Pell grant students annually, approximately 3,500 more than Carnegie peers.

Institutional Suppt % of Total Expenses

FY13 FY10 FY12 FY09MSU 6.91% 6.10% 6.56% 6.22%Median 6.88% 6.60% 6.61% 6.61%

In the current performance funding model, MSU received 0 points for theinstitutional support percentage of expenditures variable. This resulted fromits 6.91 percent for FY13 being slightly worse than the Carnegie peer medianof 6.88 percent.

FY17 Performance Model FY16 Performance Model

FY17 Performance Model FY16 Performance Model

13

FY17 Governor’s RecommendationMSU U of M Gap

ExecutiveRecommendation

$279.1M $312.7M $33.6M

Per FYES $6,050 $7,136 $1,086

(based on 44,039 students) Total Funding Gap $47.8M

Necessary to Restore 2011 Base

$4.6M $3.6M $1.0M

Note: Excludes AgBio recommendation of $33.2M and MSUE recommendation of $28.7M, an increase of 2.3% and 2.4% respectively in the Governor’s recommendation

14

FRIB

• Ongoing development of FRIB facility ‐ apx. $100M

• NSF/Science budget $24.5M recommended for Fy17 with out year requests proposed up to $26M

• Initial estimate of current operating budget range from $92M and $100M

Federal Budget Control Act issues

Monitor FLSA impact

Changes to Federal Financial Aid policies

Federal Appropriations Context

15

MSU Total Student Assistance

2004-05 Total Assistance: $358.6M 2014-15 Total Assistance: $658.2M

Source: Office of Financial Aid

Federal, $215.60State, $44.20

Non‐Gov Loans & External Awards,

$35.90

MSU GF, $41.80MSU Non‐GF,

$21.20

Federal, $425.2

State, $3.50

Non‐Gov Loans & External Awards,

$63.3

MSU GF, $121.50

MSU Non‐GF, $44.70

16

Total Aid Administered by Type

Grants & Scholarships,

$255,739,594 , 39%Loans,

$402,482,080 , 61%

Total Aid Administered $658.2M

17

Family Income Distribution of FAFSA Filers

0

200

400

600

800

1,000

1,200

1,400

1,600

2015

Five Year Average

# of Families

Families with income of over $200,000 truncated for purposes of this analysisDistribution represented in 2015 inflation adjusted dollars

18

2014-15 MSU Aid DetailTotal Aid Administered $658.2M

$0

$50,000,000

$100,000,000

$150,000,000

$200,000,000

$250,000,000

$300,000,000

$350,000,000

$400,000,000

$450,000,000

Federal State MSU GF MSU Non‐GF Private

$371,053,418

$31,428,662

$54,134,496

$3,526,275

$121,510,234

$44,703,471 $31,865,118

Loans Grants & Scholarships Work StudyTotal $425.2M

19

2014-15 MSU Aid DetailFederal Detail

Federal Grants & Scholarships Federal Loan Programs

Federal programs support $54M in need-based aid and over $371M in loans

Includes: Pell, SEOG, Other need based

Need Based $39.9M

Other G&S $14.2M

Includes: Military, veterans, work study, other

Non-Need Based $299.4Includes: PLUS (parent & grad),

unsubsidized

Need Based $71.6M

Includes: Perkins, subsidized, other

20

2014-15 MSU Aid DetailMSU Detail

*MSU financial aid comprised of $121M in GF financial aid, $16M of donor based aid, and $28M from other sources

Institutionally supported financial aid provides over $166M in grants and scholarships

Need Based $76.9M Other Grants and Scholarships $89.1MIncludes: Spartan Advantage,

Student aid grant, MSU assistance grant, freshman

grant, other

Includes: Geographically targeted, athletic, Honors College, departmentally

administered, endowment/gift funded, other

21

Student Debt

Avg. Student DebtMSU lags the State and National average for average debt load by 11.3% and 9.8%

respectively

Proportion with DebtMSU lags the State and National average for proportion of students with debt by 17

and 24 percentage points respectively

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

MSU State National

$26,122$29,450 $28,950

0%

10%

20%

30%

40%

50%

60%

70%

MSU State National

45%

62%69%

Over ten years, the proportion of students with debt has decreased from 56% to 45%, in stark contrast with the national average increasing to 69% from 57%

22

Big Ten Student Debt MSU undergraduate debt approximates Big Ten low for proportion of

graduates with debt (45%). Similarly, ranks below the median for amount of debt ($26,122)

$26,12245%

0%

10%

20%

30%

40%

50%

60%

70%

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

Penn State

Iowa Purdue Indiana MinneOhio St. Wisco UofM MSU Rutgers Maryland Neb Illinois

Avg. Debt Load

Proportion of undergraduates with debt

23

0.00

0.20

0.40

0.60

0.80

1.00

1.20

1.40 1.37

1.23

1.111.08 1.05 1.05 1.04 1.02 1.00 1.00

0.92

0.76

Big Ten Debt:Cost of Attendance Ratio

24

Big Ten Cohort Default RateMSU cohort default rate significantly below national average, in range of public Big Ten

average

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%11.80%

5.70%5.10%

4.0% 3.90%3.50% 3.50% 3.40% 3.20%

2.60%2.00%

1.60% 1.50%1.00%

25

0.00%

2.00%

4.00%

6.00%

8.00%

10.00%

12.00%

State of Michigan Cohort Default RateMSU cohort default rate significantly below national average, below state of Michigan

average of 6.45%

26

MSU recognized as the best institution in Michigan in social mobility for low-income students

Only university who’s low-income students out earn more affluent students 10 years after graduation

Top five for average earnings, graduation rate, and average annual net cost

Social Mobility for Low-Income Students

Source: Bridge Magazine

27

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$110,383

2015-16 Faculty Salaries

Big Ten average*: $116,373

*Does not include Northwestern – average including Northwestern $119,3651 Maryland has not responded to survey – data form 20142 Rankings overtime adjusted to include Rutgers and Maryland

Rank 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16²Professor 10 9 9 10 10 8 9 9 11 10 8 8Associate Professor 7 8 8 7 7 5 8 6 9 9 9 9Assistant Professor 13 13 14 14 13 14 13 14 14 14 14 14All Ranks Average 10 10 11 11 11 9 12 12 13 13 13 11

MSU Rank in AAUP Big10 Institutions for Faculty Salary

28

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$144,432

2015-16 Faculty Compensation

-Includes pro-rata attribution of post-retirement benefits for eligible population

Big Ten average*: $148,698

*Does not include Northwestern – average including Northwestern $152,5541 Maryland has not responded to survey- data from 20142 Rankings overtime adjusted to include Rutgers and Maryland

Rank 2 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16Professor 9 9 9 9 8 6 8 11 9 8 7 7Associate Professor 4 3 5 4 6 6 7 6 5 6 8 8Assistant Professor 7 9 10 10 10 10 10 11 12 12 14 14All Ranks Average 7 6 7 7 7 6 10 13 9 9 10 10

MSU Rank in AAUP Big10 Institutions for Faculty Compensation

29

2014-15 Average Salary Increase for Continuing Faculty

9.6%

4.4% 4.3% 4.2%3.7% 3.5% 3.3% 3.3% 3.1% 3.1% 2.9% 2.9%

2.6%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

Maryland Wisconsin Illinois Northwestern Penn St Michigan St Minnesota U of Michigan Indiana Ohio St U Iowa Purdue Nebraska

30

Big Ten Communities Cost of LivingInstitution Location Community AdjustmentIllinois Champaign IL CHAMPAIGN/URBANA 1.005Indiana Bloomington B IN BLOOMINGTON 0.961Iowa Iowa City B IA IOWA CITY 1.019Maryland Washington DC B2 MD GAITHERSBURG, POTOMAC NORTH OF, ROCKVILLE 1.186Michigan Ann Arbor MI ANN ARBOR, DEXTER, SALINE 1.031

Michigan State Lansing B MI EAST LANSING/OKEMOS 0.994Minnesota Minneapolis S4 MN BLAINE, MAPLE GROVE, SHOREVIEW 1.025Nebraska Lincoln NE LINCOLN 0.956Northwestern Chicago S5 IL GLENVIEW, LAKE FOREST, PARK RIDGE 1.274

Ohio State Columbus B CMP OH COLUMBUS, DUBLIN, WORTHINGTON/WORTHINGTON HILLS, GAHANNA, NEW ALBANY‐FRANKLIN, WESTERVILLE 1.01

Penn State State College B PA STATE COLLEGE AREA 1.01Purdue West Lafayette B IN LAFAYETTE, WEST LAFAYETTE 0.942Rutgers NYC (NENJ) S8 NJ BERKELEY HEIGHTS, SUMMIT, WESTFIELD 1.355Wisconsin Madison WI FITCHBURG, MADISON, MIDDLETON 1.032

AAUP data

31

Big Ten Faculty Salary Cost of Living Adjustment

AAUP data

Salary Cost of Living Factor Adjusted SalaryU Michigan $135,143 1.031 $131,080Northwestern U $158,268 1.274 $124,230Penn St $121,812 1.01 $120,606U Illinois $118,962 1.005 $118,371Indiana U $113,373 0.961 $117,974Purdue U $109,867 0.942 $116,631Ohio St U $115,726 1.01 $114,580U Wisconsin $117,135 1.032 $113,503Michigan St U $110,383 0.994 $111,049U Minnesota $112,128 1.025 $109,394U Nebraska $101,855 0.956 $106,542U Iowa $108,380 1.019 $106,359U Maryland¹ $125,557 1.186 $105,866Rutgers St U $122,522 1.355 $90,422

+2 spots

1 Maryland has not responded to survey- data from 2014

32

Big Ten Faculty Compensation Cost of Living Adjustment

AAUP data

Compensation Cost of Living Factor Adjusted CompensationU Michigan $167,065 1.031 $162,041Northwestern U $202,678 1.274 $159,088U Illinois $156,400 1.005 $155,622Penn St U $155,210 1.01 $153,673Purdue U $140,494 0.942 $149,144Michigan St U $144,432 0.994 $145,304Ohio St U $146,707 1.01 $145,255Indiana U $138,924 0.961 $144,562U Minnesota $146,563 1.025 $142,988U Wisconsin $147,460 1.032 $142,888U Iowa $140,193 1.019 $137,579U Nebraska $130,070 0.956 $136,056U Maryland1 $154,754 1.186 $130,484Rutgers St U $164,805 1.355 $121,627

+4 spots

1 Maryland has not responded to survey- data from 2014

33

$‐

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

A B C D E MSU G H I J K L

$18,804

2014-15 Big Ten TA Compensation

Big Ten average: $20,084

34

$‐

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

A B C D E MSU G H I J K L

$19,734

2014-15 Big Ten RA Compensation

Big Ten average: $21,182

35

MSU Salary Increment Advice – Note When Available

• Faculty - 4.0% merit, 0.75% Provost market per UCFA recommendation

• Specialists

• Graduate Council

• Other

36

24

20

27

Currently 363 PositionsGrowth of 71 Positions over 10 Years

Note: in 2005 there were 292 senior management positions at MSU (79 executive and 213 administrative). By 2015 there are an additional 71 positions, bringing the total to 363 (109 executive and 254 academic). The chart above outlines the areas of change and growth during this period.

Research, Economic Development, Compliance and Advancement

ReclassifiedPositions

Medical School Expansion, and initiation of other colleges

During this time, annual sponsoredawards increased from approximately $350M to approximately $530M, an increase of 51% over the period

During this time, GraduateProfessional enrollment grew from 1,492 to 2,532, a 70% increase

MSU Administrative Position Changes2005‐2015

37

$1,701

$1,662

$3,697

$5,168

$2,654

$12,051

$16,019

$3,922

$3,643

$4,866

$7,265

$2,139

$18,948

$22,820

$2,022

$1,972

$3,623

$5,060

$3,392

$12,023

$14,593

$1,438

$1,293

$2,779

$2,890

$5,265

$8,113

$14,779

$0 $5,000 $10,000 $15,000 $20,000 $25,000

Other coreexpenses

Student services

Institutionalsupport

Academicsupport

Public service

Research

Instruction

MSU Big Ten Median

CA Schools’ Median AAU Public Median

Core Expenses per Student by Function: FY14

38

2.00 2.01

2.292.52 2.62

2.87 2.94

3.25

3.57 3.633.89

4.13 4.21

5.25

0.00

1.00

2.00

3.00

4.00

5.00

6.00


Average: 3.23

Students Per Employee(Fall 14)

39

Budget Rates of Change

*Indirect cost pass-through and Revenue Based Initiative increments determined towards the conclusion of the budget planning process

FY12 FY13 FY14 FY15 FY16Base* 0.0% 3.0% 2.5% 2.70% 2.69%Financial aid 1.0% 0.6% 0.4% 0.40% 0.61%Enrollment Growth 0.2% 0.1% 0.1% 0.14% 0.00%Indirect Cost Pass-Through 0.3% 0.2% 0.0% 0.00% 0.00%

Sub-Total 1.5% 4.0% 3.0% 3.2% 3.3%

Revenue Based Initiative 1.7% 1.4% 0.8% 0.71% 0.73%Sub-Total 3.1% 5.3% 3.8% 4.0% 3.3%

Academic Competitiveness 0.0% 0.0% 0.2% 1.02% 0.65%Total 3.1% 5.3% 4.0% 4.97% 3.94%

40

42000

43000

44000

45000

46000

47000

48000

49000

50000

51000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Stud

ents

Fall Enrollments

Target

ActualLong‐term Range

41

Undergraduate Entering Class Enrollment

• Entering class enrollment of 7,967 reflects a 1.0% increase over last year’s total of 7,883

7,256 7,206

8,2017,967

6,000

6,500

7,000

7,500

8,000

8,500

9,000

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

MSU Entering Class

42

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

2005‐06 2006‐07 2007‐08 2008‐09 2009‐10 2010‐11 2011‐12 2012‐13 2013‐14 2014‐15 2015‐16 2016‐17 2017‐18 2018‐19 2019‐20

Stud

ents

Michigan High School Graduates

5% Michigan Public High School Graduates (CEPI)

MSU Resident Entering Class

MSU Resident Entering Class + Transfer Students

Projection >>>>>

Projection >>>>>

Prediction >>>>>

MSU benchmarks resident enrollment at 5% of the Michigan high school graduating class. In 2013-14 there were 104,366 public high school graduates and in 2014-15 MSU enrolled 5,593 from Michigan in the entering class, or 5.4% of the total.

43

Michigan High School Graduates

The above reflects the estimated distribution of Michigan high school graduates by ACT performance level. The highest performance level is positioned at the base of the graph and progressively diminishes moving to the top.

0

20,000

40,000

60,000

80,000

100,000

120,000

2005‐06 2006‐07 2007‐08 2008‐09 2009‐10 2010‐11 2011‐12 2012‐13 2013‐14

MI Public HS Graduates by ACT Performance

ACT College Readiness Benchmark ACT21+ ACT17+ Other ACT Scores

44

Midwestern High School Graduates 2009-2025

45

International Enrollment Increases

Source: Institute for International Enrollment

Chinese enrollment surpasses 300,000 nationwide, rate of change plateauing

46

Big Ten Non-Resident Enrollment MSU lags the Big Ten average for non‐resident population

• FY16 MSU at 24% nonresident undergraduates– If 30% + $30M annually– If 35% + $54M annually … Big Ten average

47

Undergraduate Entering Class Statistics

• High School grades defined by first 25th and 75th percentile range between 3.48 and 3.92 consistent with previous years, with a median of 3.72

• ACT scores defined by the 25th and 75th percentile range between 23 and 28 also consistent with previous years, with a median of 26

• Total students of color in the class make up 24.5 percent of the domestic total

48

73%

71% 71%72%

70%

76%

74% 74%

75%

74%

80%

79%

77%76% 76%

65%

67%

69%

71%

73%

75%

77%

79%

81%

83%

FS12 FS13 FS14 FS15 FS16 Proj

Resident Percentage of MSU Enrollment

Fall First Time Enrollees (Michigan) First Time Plus Transfer (Michigan) Undergraduate Enrollees (Michigan)

Michigan Residents

49

FS08 FS09 FS10 FS11 FS12 FS13 FS14 FS15 FS16 ProjHONOR'S COLLEGE 499 490 493 483 531 528 610 648 625

AFRICAN AMERICAN 568 605 492 542 500 578 594 641 640OTHER STUDENTS OF COLOR 616 662 812 822 843 910 1002 1046 1025TOTAL STUDENTS OF COLOR 1,184 1,267 1,304 1,364 1,343 1,488 1,596 1,687 1,665

MICHIGAN 5,951 5,716 5,780 5,900 5,971 5,603 5,577 5,725 5,562NON RESIDENT TOTAL 1,386 1,493 1,394 1,882 2,183 2,239 2,265 2,204 2,328DOMESTIC NON RESIDENT 787 822 736 859 937 938 1,081 1,189 1,288INTERNATIONAL 599 671 658 1,023 1,246 1,301 1,184 1,015 1,040TOTAL FALL ENROLLED 7,337 7,209 7,174 7,782 8,154 7,842 7,842 7,929 7,890

HONOR'S COLLEGE % 6.8% 6.8% 6.9% 6.2% 6.5% 6.7% 7.8% 8.2% 7.9%

AFRICAN AMERICAN % 7.7% 8.4% 6.9% 7.0% 6.1% 7.4% 7.6% 8.1% 8.1%OTHER STUDENTS OF COLOR % 8.4% 9.2% 11.3% 10.6% 10.3% 11.6% 12.8% 13.2% 13.0%TOTAL STUDENTS OF COLOR % 16.1% 17.6% 18.2% 17.5% 16.5% 19.0% 20.4% 21.3% 21.1%

MICHIGAN % 81.1% 79.3% 80.6% 75.8% 73.2% 71.4% 71.1% 72.2% 70.5%NON RESIDENT TOTAL % 18.9% 20.7% 19.4% 24.2% 26.8% 28.6% 28.9% 27.8% 29.5%DOMESTIC NON RESIDENT % 10.7% 11.4% 10.3% 11.0% 11.5% 12.0% 13.8% 15.0% 16.3%INTERNATIONAL % 8.2% 9.3% 9.2% 13.1% 15.3% 16.6% 15.1% 12.8% 13.2%TOTAL FALL ENROLLED 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%

Fall 2016 Enrollment ProjectionsFall First Time Enrollees

50

FS08 FS09 FS10 FS11 FS12 FS13 FS14 FS15 FS16 ProjAFRICAN AMERICAN 57 69 42 53 59 58 62 72 65OTHER STUDENTS OF COLOR 132 111 119 150 144 144 185 191 190TOTAL STUDENTS OF COLOR 189 180 161 203 203 202 247 263 255

MICHIGAN 1,269 1,288 1,259 1,384 1,287 1,319 1,378 1,437 1,430NON RESIDENT TOTAL 204 258 189 151 162 194 169 133 165DOMESTIC NON RESIDENT 44 39 26 37 36 55 62 73 65INTERNATIONAL 160 219 163 114 126 139 107 60 100TOTAL FALL ENROLLED 1,473 1,546 1,448 1,535 1,449 1,513 1,547 1,570 1,595



Fall 2016 Enrollment ProjectionsTransfer Enrollees

51

FS08 FS09 FS10 FS11 FS12 FS13 FS14 FS15 FS16 ProjHONOR'S COLLEGE (FIRST TIME ONLY) 499 490 493 483 531 528 610 648 625

AFRICAN AMERICAN 625 674 534 595 559 636 656 713 705OTHER STUDENTS OF COLOR 748 773 931 972 987 1,054 1,187 1,237 1,215TOTAL STUDENTS OF COLOR 1,373 1,447 1,465 1,567 1,546 1,690 1,843 1,950 1,920

MICHIGAN 7,220 7,004 7,039 7,284 7,258 6,922 6,955 7,162 6,992NON RESIDENT TOTAL 1,590 1,751 1,583 2,033 2,345 2,433 2,434 2,337 2,493DOMESTIC NON RESIDENT 831 861 762 896 973 993 1,143 1,262 1,353INTERNATIONAL 759 890 821 1,137 1,372 1,440 1,291 1,075 1,140TOTAL FALL ENROLLED 8,810 8,755 8,622 9,317 9,603 9,355 9,389 9,499 9,485HONOR'S COLLEGE % (FIRST TIME ONLY) 5.7% 5.6% 5.7% 5.2% 5.5% 5.6% 6.5% 6.8% 6.6%



Fall 2016 Enrollment ProjectionsFirst Time Plus Transfer Enrollees

52

Fall 2016 Enrollment ProjectionsUndergraduate Enrollees

FS08 FS09 FS10 FS11 FS12 FS13 FS14 FS15 FS16 ProjAFRICAN AMERICAN 2,909 2,930 2,665 2,595 2,514 2,538 2,573 2,700 2,800OTHER STUDENTS OF COLOR 3,145 3,157 3,444 3,598 3,773 3972 4268 4581 4700TOTAL STUDENTS OF COLOR 6,054 6,087 6,109 6,193 6,287 6,510 6,841 7,281 7,500

MICHIGAN 31,227 30,834 30,127 29,966 30,053 29,864 29,768 29,751 29,600NON RESIDENT TOTAL 5,110 5,655 5,931 6,709 7,401 8,124 9,018 9,392 9,500DOMESTIC NON RESIDENT 2,912 3,019 2,937 3,078 3,147 3,326 3,712 4,124 4,350INTERNATIONAL 2,198 2,636 2,994 3,631 4,254 4,798 5,306 5,268 5,150TOTAL FALL ENROLLED 36,337 36,489 36,058 36,675 37,454 37,988 38,786 39,143 39,100



53

MSU ranks 6th in the Big Ten for resident tuition and fees and 5th cost of attendance

Resident Tuition & Fees Resident Cost of Attendance

Big Ten Resident Tuition & Cost of Attendance

Penn State University $17,522University of Illinois $15,626University of Michigan $14,729Rutgers University $14,131University of Minnesota $13,840Michigan State University $13,560University of Wisconsin $10,399Indiana University $10,388Ohio State University $10,010Purdue University $10,002University of Maryland $9,996University of Nebraska $8,382University of Iowa $8,104

Penn State University $35,072Rutgers University $33,086University of Illinois $30,336University of Michigan $28,685Michigan State University $26,100University of Minnesota $25,784Ohio State University $25,482University of Wisconsin $24,719University of Maryland $24,588Indiana University $24,538University of Nebraska $23,392Purdue University $23,022University of Iowa $21,010

54

MSU ranks 2nd in the Big Ten for non-resident tuition and fees and 2nd for cost of attendance

Non-Resident Tuition & Fees Non-Resident Cost of Attendance

Big Ten Non‐Resident Tuition & Cost of Attendance

In addition, MSU international students are assessed a $750 per semester fee

University of Michigan $45,002Michigan State University $36,360Indiana University $33,740University of Maryland $31,144University of Illinois $30,786Penn State University $30,404University of Wisconsin $29,650Rutgers University $29,563Purdue University $28,804University of Iowa $27,890Ohio State University $27,336University of Nebraska $22,534University of Minnesota $22,260

University of Michigan $58,958Michigan State University $49,652Rutgers University $48,518Penn State University $47,954Indiana University $47,890University of Maryland $45,736University of Illinois $45,496University of Wisconsin $44,570Ohio State University $43,176Purdue University $41,984University of Iowa $40,796University of Nebraska $37,544University of Minnesota $35,704

55

MSU ranks 3rd in Michigan for resident tuition & fees and cost of attendance

Resident Tuition & Fees Resident Cost of Attendance

Michigan Resident Tuition & Cost of Attendance

Michigan Technological University $14,804University of Michigan $14,729Michigan State University $13,560Oakland University $11,857Central Michigan University $11,850Ferris State University $11,691University of Michigan‐Dearborn $11,600Grand Valley State University $11,360Western Michigan University $11,219Wayne State University $10,890Lake Superior State University $10,720Eastern Michigan University $10,430University of Michigan‐Flint $9,848Northern Michigan University $9,620Saginaw Valley State University $8,970

University of Michigan $28,685Michigan Technological University $27,601Michigan State University $26,100Wayne State University $23,904Oakland University $23,735Ferris State University $23,519University of Michigan‐Flint $23,516Central Michigan University $22,922Western Michigan University $22,727Lake Superior State University $22,710University of Michigan‐Dearborn $22,380Eastern Michigan University $21,896Northern Michigan University $21,306Saginaw Valley State University $20,251Grand Valley State University $20,250

56

MSU ranks 2nd in the Michigan for non-resident tuition & fees and 2nd cost of attendance

Non-Resident Tuition & Fees Non-Resident Cost of Attendance

Michigan Non‐Resident Tuition & Cost of Attendance

In addition, MSU international students are assessed a $750 per semester fee

University of Michigan $45,002Michigan State University $36,360Michigan Technological University $30,768Eastern Michigan University $27,710Western Michigan University $26,179University of Michigan‐Dearborn $23,800Central Michigan University $23,670Oakland University $23,621Wayne State University $23,163Saginaw Valley State University $21,060University of Michigan‐Flint $19,096Ferris State University $17,496Grand Valley State University $16,168Lake Superior State University $15,928Northern Michigan University $15,020

University of Michigan $58,958Michigan State University $49,652Michigan Technological University $43,565Eastern Michigan University $39,776Western Michigan University $37,687Wayne State University $36,177Oakland University $35,499University of Michigan‐Dearborn $35,406Central Michigan University $35,347University of Michigan‐Flint $32,764Saginaw Valley State University $32,341Ferris State University $29,324Lake Superior State University $27,918Northern Michigan University $26,706Grand Valley State University $25,058

57

$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

$16,000

$5,408

Big Ten Average $9,186

Big Ten Appropriations Per Student

58

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

RutgersUniversity

Universityof

Michigan

Universityof

Minnesota

PurdueUniversity

Universityof

Maryland

Universityof Iowa

Ohio StateUniversity

Universityof Illinois

MichiganState

University

IndianaUniversity

Universityof

Wisconsin

Universityof

Nebraska

$21,730

Big Ten Average $23,901

Big Ten Appropriations and Tuition Per Student

59

Revenue Based Initiatives ‐OverviewRevenue based initiatives programs take three principal forms

• Targeted undergraduate and graduate programing

• Off campus and virtual credit instruction

• Study abroad and other international programming

Programming generates approximately $35 million in annual revenue

60

Revenue Based Initiatives ‐ DetailCollege of Agriculture

• FSHN Bench fees• KOLDAND Program

College of Arts and Letters• MAFLT

College of Business • MS Supply Chain• MS Accounting• MS Finance• Marketing• Business Analytics• MBA

College of Human Medicine• Public health

College of Nursing• Nursing-education• RN-BS• BS-Second degree• Nurse Anesthesia

College of Osteopathic Medicine• Pharmacology

College of Veterinary Medicine• Vet Tech

International Studies and Programs• Exchange• OISS• ISP

61

MSU Financial Framework

62

InflationApx. 3.0%

Inflationary Expense Increase $41.0

Significant additional adjustments beyond inflationFinancial Aid – 4.5% +$1.9

Faculty Salaries – 3.5% +$1.6

Health Care – 5.0% +$1.6

Utilities ‐ ‐3.5% ‐$3.9

Academic Competitiveness ?

Technology +$5.0

Total Expense $47.4

Dollars in millions

MSU Budget Planning Overview

1% Fac Sal = $3.1M 1% Other Sal = $3.2M 1% S&S = $1.0M 1% Utilities = $0.6M 1% Health = $0.77M1% Approp = $2.6M 1% Tuition = $8.5M 1% Reduction = $5.5M 1% Fin Aid = $1.2M 1% Inv Inc = $0.30M

Academic competitiveness $? Technology per framework $?

63

MSU Revenue Matrix

1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0%0.0% $0 $14 $18 $23 $27 $32 $36 $41 $45 $50 $540.5% $1 $15 $19 $24 $28 $33 $37 $42 $46 $51 $551.0% $3 $16 $21 $25 $30 $34 $39 $43 $48 $52 $571.5% $4 $18 $22 $27 $31 $36 $40 $45 $49 $54 $582.0% $5 $19 $23 $28 $32 $37 $41 $46 $50 $55 $592.5% $7 $20 $25 $29 $34 $38 $43 $47 $52 $56 $613.0% $8 $22 $26 $31 $35 $40 $44 $49 $53 $58 $623.5% $9 $23 $27 $32 $36 $41 $45 $50 $54 $59 $634.0% $11 $24 $29 $33 $38 $42 $47 $51 $56 $60 $65

1% Fac Sal = $3.1M 1% Other Sal = $3.2M 1% S&S = $1.0M 1% Utilities = $0.6M 1% Health = $0.77M

Tuition Target

APP

RO

PRIA

TIO

NS

1% Approp = $2.6M 1% Tuition = $8.5M 1% Reduction = $5.5M 1% Fin Aid = $1.2M 1% Inv Inc = $0.30M

Academic competitiveness $? Technology per framework $?

2.5% - $31.6M 3.0% = $37.9M 3.5% = $44.2M 4.0% = $50.5M

64

Illustrative Budget ScenariosBudget Item 2016‐17

BOT Pro‐Forma2016‐17

Current UpdateComment/Update 2017‐18

Current Update

State Appropriations 4.0% 3.9% Executive recommendation indicated 3.9%through performance funding model

4%Includes restoration

Tuition & Fees 4.0% Lower Div4.0% Upper Div

3.5% Lower Div3.9% Upper Div

Executive recommendation capped resident ug tuition increases at 4.8%

4.0% Lower Div4.0% Upper Div

Financial Aid 4.5% 4.5% As planned 4.5%

Faculty Salaries 2.5% 2.5% Big Ten trending higher/Evaluation of additional allocation

2.5%

Utilities 4.0%* ‐3.5% Monitor natural gas market 0.0%

Health Care 5.0% 5.0% Reviewing necessary increment 5.0%

Competitive Programs $6.1 $0.0 $5.0

Competitive Talent 0.5% Provost Market0.5% Special Retention

1% faculty salary – 2016‐170.5% faculty salary – 2017‐18

0.5% Provost Market

Technology $0.0 $5.0 Under Review $5.0

Base Budget Reduction 0.0% 0.0% ‐0.5%

Annual Balance $0 $0 $0

Preliminary 2016‐17 budget approved by the BOT in June 2015

65

Budget Planning – FY17 AdjustmentsProposed Adjustments - Expenditures

Pro-forma FY17 - June 2015 BOT $1,307.6M

Central University Items – Reduced from 4.0% to 3.0% -$1.0M

Utilities – Reduced from 4.0% to -3.5% -$4.5M

Framework – Decreased from $6.1M – $5.0M -$1.0M

Increase faculty salaries from 2.5% - 3.5% (competitive talent) +$3.2M

New space increment – from $0.5M - $1.0M +$0.5M

Updated FY17 Proposal $1,304.7M

66

Budget Planning – FY17 AdjustmentsProposed Adjustments - RevenuesPro-forma FY17 - June 2015 BOT $1,307.6M

Resident UG LD – Reduced from 4.0% to 3.5% -$1.0M

Other revenue adjustments -$1.5M

Updated FY17 Proposal $1,304.7M

67

Budget Planning – FY17 AdjustmentsOther Possible Budgetary Adjustments

+50 Resident Enrollment $0.8M

+50 Non-Resident Enrollment ($34,695-$8,000 fin aid) $1.5M

Tuition cap @ 4.8% $6.4M

1% Investment Income $0.3M

Budget Reduction Variable

N/R Bridge to FY17/18 Variable

Other

68

MSU FY17 Budget Planning INCOME EXPENDITURES VARIABLES

2015-16 2016-17 2015-16 2016-17 Appropriations 268.3 278.8 Financial Aid 127.0 132.7 Appropriation 3.9%Page 1- Line 23-25, 28, 29 Page 1- Line 23-25, 28, 29

Tuition and Fees 899.9 899.9 LD Core UD Core LD Prof UD ProfUndergrad 24.4 Page 2-Lin Undergrad -Res 3.5% 3.9% 3.5% 3.9%Grad 8.4 Undergrad - Non Res 4.0% 4.0% 4.0% 4.0%New NR Student Enr 0.0 Undergrad - Int 4.0% 4.0% 4.0% 4.0%Total 932.6 Salaries 658.4 676.9 Grad

Page 3- All Salary Increases Page 1- Line 29, 25-46Page 1- Line 29, 25-46 Health Insurance 80.7 84.8 Other Revenue - ICR 3.0%

Page 3-Line 2 Other Revenue 91.4 93.3 Other Benefits 105.1 108.2 Ranked Faculty 2.5%

Page 3-Line 2 Academic Staff 2.5%Utilities 61.9 59.7 Competitive Talent 1.0%

GA's 2.0%Page 2- Line 37-40 Coalition-Trailing Cohort (APSA, APA) 2.0%

Page 1- Line 29,30 New Space 0.0 1.0 Coalition-Leading Cohort (Labor groups, CTU) 2.0% Page 2- Line 37-40 Student Labor 4.0%Page 1- Line 33 Supplies/Services 123.7 126.2Funds Budgeted in prior year 4.2 0.0 Page 4- Line 1-4

Central University Items 106.9 110.1 Page 3- All Salary IncreasesFinancial Aid 4.5%Page 2-Line 30-35

Framework 5.0 Health-Faculty & Academic Staff 5.0% Health-Coalition 5.0%

Page 4- Line 10-11 Other Benefits-Faculty & Academic Staff 3.0%Other Benefits-Coalition 3.0%

JIT Page 1-Line 32,33 Critical Space 0.0 Utilities -3.5% Res Fac Passthrough 0.0 Res Fac Passthrough 0.0

Page 1- Line 33 Revenue-Based Initiatives 0.0 Revenue-Based Initiatives 0.0

Page 4- Line 30-38 Central University Items 3.0%Base Budget Reduction** 0.0 Supplies/Services 2.0%

Page 4- Line 1-4Base Budget Reduction 0.00%

Total 1,263.8 1,304.7 Total 1,263.8 1,304.7

Surplus/(Deficit) 0.0 Budget Change 3.2%

Does not include 1% efficiency factor

4.0%

69

MSU FY18 Budget Planning INCOME EXPENDITURES VARIABLES

2016-17 2017-18 2016-17 2017-18 Appropriations 278.8 290.0 Financial Aid 132.7 138.7 Appropriation 4.0%Page 1- Line 23-25, 28, 29 Aid for new NR Students 0.0 Page 1- Line 23-25, 28, 29

LD Core UD Core LD Prof UD ProfPage 2-Lin Undergrad -Res 4.0% 4.0% 4.0% 4.0%

Undergrad - Non Res 4.0% 4.0% 4.0% 4.0%Undergrad - Int 4.0% 4.0% 4.0% 4.0%Grad

Tuition and Fees 932.6 932.6 Salaries 676.9 697.3Undergrad 25.2 Page 3- All Salary Increases Page 1- Line 29, 25-46Grad 8.5 Health I 84.8 89.0 Other Revenue - ICR 3.0%New NR Student Enr 0.0 Page 3-Line 2Total 966.4 Other Benefits 108.2 111.5 Ranked Faculty 2.5%

Page 3-Line 2 Academic Staff 2.5%Page 1- Line 29, 25-46 Utilities 59.7 60.7 Faculty Markets 0.5%

GA's 2.0% Other Revenue 93.3 95.2 Page 2- Line 37-40 Coalition-Trailing Cohort 2.0%Page 1- Line 29,30 New Space 1.0 0.5 Coalition-Leading Cohort 2.0% Page 2- Line 37-40 Student Labor 4.0%Page 1- Line 33 Supplies/Services 126.2 128.6

Page 4- Line 1-4 Operations 110.1 118.4 Page 3- All Salary Increases

Year 1 Framework 5.0 Financial Aid 4.5%Page 2-Line 30-35

Funds budgeted in prior year 0.0 0.0 New Framework 10.0 Health-Faculty & Academic Staff 5.0%or equivalent reductions Health-Coalition 5.0%

PaBase Budget Reduction (3.0) Other Benefits-Faculty & Academic Staff 3.0%Other Benefits-Coalition 3.0%

RCAH (Framework) 0.0 Framework 0.0 Page 4-Line 6, 7 Page 4- Line 6,7

JIT Page 1-Line 32,33 Critical Space 0.0 Utilities 0.0%

Page 4- Line 7, 8 Res Fac Passthrough 0.0 Res Fac Passthrough 0.0 0.0

Page 1- Line 33 Revenue-Based Initiatives 0.0 Revenue-Based Initiatives 0.0 0.0

Page 4- Line 30-38 Operations 3.0%Multiyear Institutional Reserve 0.0 0.0 Supplies/Services 2.0%

Page 4- Line 1-4Base Budget Reduction 0.0 0.0 Base Budget Reduction (0.50%)

Total 1,304.6 1,351.7 Total 1,304.5 1,351.7

Surplus/(Deficit) (0.0) Budget Change before RBI, Res 3.6%g g ,

and Enrollment Growth

4.0%

Does not include 1% efficiency factor

70

board of trustees update - michigan state university · financial aid 16 ‐ ... michigan ranks...

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