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

Futur

es

All Othe

r Sch

olarsh

ips & Gran

ts

Agenc

y Billi

ngs

Waivers

$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 FeesStudent Owes Between $.01 and $999.99 per TermStudent Owes Between $1000 and $1999.99 per TermStudent 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