slide1 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
FY10 Statutory Tuition Revenue Projections Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resid PowerPoint Presentation
Download Presentation
FY10 Statutory Tuition Revenue Projections Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resid

Loading in 2 Seconds...

play fullscreen
1 / 13

FY10 Statutory Tuition Revenue Projections Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resid - PowerPoint PPT Presentation


  • 146 Views
  • Uploaded on

FY10 Statutory Tuition Revenue Projections Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resident $50 / Semester Credit Hour Graduate, Resident $100 / Semester Credit Hour

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'FY10 Statutory Tuition Revenue Projections Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resid' - salali


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1
FY10 Statutory Tuition Revenue Projections
  • Different Rates for UG and GR; Resident and Non-resident

Undergraduate, Resident $50 / Semester Credit Hour

Graduate, Resident $100 / Semester Credit Hour

Non-Resident Rate established by THECB average NR tuition of the 5 most populous states

FY08 Rate: UG $328 / SCH GR $656 / SCH

FY09 Rate: UG $331 / SCH GR $662 / SCH

FY10 Rate: UG $327 / SCH GR $654 / SCH

slide2
Texas Public Education Grants

Mandatory financial aid ‘set-aside’ for Texas Public Education Grants (TPEG) per Ed Code 56.033(a)(2)

Funds for TPEG are netted from statutory tuition revenue:

15% of Resident tuition

3% of Non Resident tuition

(can be reset each biennium by the legislature)

2

slide3
FY10 Statutory Tuition Revenue Projections

We are liable for the actual TPEG requirement by Ed Code based on census data not budget data:

Budgeted TPEG is adjusted for the:

Estimated Change in mix of ‘paying’ students:

UG/GR

Res/NR

Other legislative changes (e.g. set-aside rate)

3

slide4
FY10 Statutory Tuition Revenue Projections

Difficult to know with precision what future enrollment mix will be:

How many non-residents paying the out of state tuition rate?

Non-resident & international students appointed to a 20 hour per week TA/GA position pay in-state tuition rates

Graduate student taking undergraduate level courses, pay UG tuition rate

Over estimating non-resident tuition can have substantial financial impacts; for example, a shift of

10 FTE UG NR students (30 SCH each) = $ 98,100 annualized (next year’s rate)

10 FTE GR NR students (18 SCH each) = $117,720 annualized (next year’s rate)

4

slide5
Last Year at this time:

We were expecting a loss of student head count in FY09 due to admissions criteria

800 students

FY09 tuition budgets were conservatively based on

648,648 SCH

No change in mix of students

5

slide7

Projection is 0.2% SCH less than projected FY09, with a 5.5% decline for UG NR SCH (20 FTE UG) and 7% decline for GR NR SCH (10 FTE GR).

7

slide8
FY10 Designated Tuition Revenue Projections

Normally, easier to compute – Board approved rate times SCH

Summer is the trailing semester.

Predicting next year’s total SCH / Summer trailing semester

Legislature may change the FY10 Board approved rate

Rate Projection Scenarios:

No rate increase

Board Approved Rate

5% Designated Tuition Rate Cap

5% Total Academic Cost Cap

8

slide9
FY10 Designated Tuition Revenue Projections

FY10 SCH Basis: <0.2%> of projected FY09 or 670,450 SCH

3.4% increase over FY09 budgeted SCH

Even the flat rate scenario will generate additional base budget given prior year conservative projections

9

slide12

Scenario 3: FY10 Total Academic Costs Capped at 5% but Designated Tuition Rate is Maximized

12