Tuition and Financial Aid…FY 2014 Planning University Medical Student Council November 17, 2012

1. Tuition and Financial Aid…FY 2014 Planning • University Medical Student Council • November 17, 2012 Innovation Excellence Service

2. FY 2013 State Budget Parameters • Final tuition rate change: • +3% for in-state students • +0.75% for out-of-state students • ~ $807,000 of incremental revenue • GRF adjustment: • -7% reduction to allocation from campus • ~$5.1 million cut from base

3. Incremental Tuition Revenue Uses of the FY 2013 incremental funds ($807K)

4. Other Education Initiatives Other initiatives, funded through reallocation: • Facilities • Learning Center project • Edelstone, study annex • Gross Anatomy lab • Grand Grounds • Computer-based testing • 120 laptops, 2 FTE support staff

5. Additional Identified Needs • Protected time for clinical faculty • to participate in curriculum development & delivery • Technology support for faculty • instructional designers, educational technologists, increased use of simulation • Academic support for students (advising, tutoring) • Student leadership opportunities (e.g., MD/MPH) • Facilities: • Instructional laboratories • Simulation center • Student lounge (Edelstone)

6. Entering Class Fall 2012 The Admissions Funnel

7. Enrollment Metrics for Entering Classes

8. Entering Class Fall 2012 Academic Qualifications

9. Mission Management AAMC National Benchmarks • 2011 Under Represented Minority Student Comparison * Student self-reported survey to AAMC. Some students are designated in multiple categories

10. Our Tuition Rate History

11. Local Peer Comparisons Annual Tuition Rate Increases

12. 4 Year Cost (In State) UIC fees include: general fee, service fee, student-to-student fee, sustainability fee, health service fee, health insurance fee, CTA U Pass. Assessments include: academic facilities maintenance fund assessment, and library and information technology assessment.

13. 4 Year Cost (out of State) UIC fees include: general fee, service fee, student-to-student fee, sustainability fee, health service fee, health insurance fee, CTA U Pass. Assessments include: academic facilities maintenance fund assessment, and library and information technology assessment.

14. Local Peer Comparisons

15. FY 2014 Rate Proposal • Resident tuition rate • Lower of…3% or the University general increase • Non-resident tuition rate • Same dollar increase as resident tuition rate

16. Financial Aid initiatives • Hispanic Center of Excellence: • Five-year, $3.4 million grant from the Department of Health and Human Services to address disparities in minority health care. The UIC Hispanic Center of Excellence will use the grant to improve the shortage of Latino physicians and other health care professionals. • Financial Aid Office: • HRSA grant ($450K/year) from the Department of Health and Human Services to support students from low income families. • Merit-Based and Need-Based Scholarships: • Inaugural class of 6 Sweeney Scholars: • 3 students in Chicago • 3 students in Urbana