truth-in-tuition presentation · 2019. 3. 20. · forecast by dr. bill conerly, august 2018,...
TRANSCRIPT
Truth-in-Tuition PresentationMarch 11, 2019
Today’s Outline
• Tuition Comparisons
• Why a Tuition Increase?
• 2019-20 Tuition Increase
Discussion
Tuition Comparisons
2018-19 Tuition Share of Appropriated Budget
52.6%
44.3% 45.5%
53.2%
27.3%
45.2%
53.8%
37.9%
0%
10%
20%
30%
40%
50%
60%
Utah USU Weber State SUU Snow Dixie UVU SLCC
USHE Average48.3%
2018-19 Resident Full-time Tuition – 2 Semesters
$7,997
$6,342
$4,892
$6,006
$3,326
$4,458$5,036
$3,369
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
Utah USU WeberState
SUU Snow Dixie UVU SLCC
Tuition Rate Changes – 2009-10 to 2018-19
0%
2%
4%
6%
8%
10%
12%
14%
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19
Utah USU Weber State SUU Snow Dixie UVU SLCC
WICHE Region AverageFour-Year Institutions by Carnegie Classification
$7,610
$5,712
$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000
Larger Master's Program
Weber State
Tuition & Fees
Beyond the Sticker Price
Why a Tuition Increase?
1. Legislative Funding Match Requirements
Tax Funds, 75%
Tuition, 25%
2% Salary Health/Dental,
Liability/Property Attorney General
1.21%
3% Salary Health/Dental,
Liability/Property Attorney General
1.60%
Affordable Access$750,000
• Strategic enrollment plan (recruiting & 4-yr scholarships)
• Plus $4M for Regent Scholarship and $5.9M for Statewide College Advising Program
Student Growth & Capacity$1,350,000
• Salary equity increase• Mandated costs, security, wireless, & digital
literacy• High impact faculty and staff• Plus additional $7.2 M for USHE cyber security
Timely Completion$2,200,000
• Retention and student success initiatives. • Learning communities, peer mentoring, high
impact experiences, Wildcat Scholars, and First Year Experience.
Workforce & Research$1,200,000
• Health Professions (Nursing, Radiological Sciences, Health Administrative Services)
• Engineering & Computer Science
COMPENSATION (Salary and Health/Dental Increases)
2. Legislative Funding Shortfalls
3. Inflationary Cost Increases
Forecast by Dr. Bill Conerly, August 2018, Forbes.com
2019-20 Tuition Increase Discussion
Upcoming Calendar
• March 14 – End of 2019 Legislative Session
• March 19 – WSU Board of Trustees Meeting
• March 28 – Institution Tuition Presentations to the State Board of Regents
• March 29 – Final Tuition Decisions by the State Board of Regents
Proposed 2019-20 Tuition Increase
• 2% to 3% Increase
• Full-time Undergraduate Resident: • 2% = additional $49 per semester• 3% = additional $73 per semester
Uses of 2019-20 Tuition Increase Revenue
Category Amount
Compensation Up to $1,093,200
Academic Support Up to $154,600
Student Support Up to $640,000
Administrative Support Up to $376,000
THANK YOU!