3
Cabinet PrioritiesFinance human capital Strengthen academic coreRespond to technology needsBuild solvent athletic program
4
Within a Conservative Approach
Institution
FY 2014-15 Undergraduate Resident
Students Tuition and Fees
University of North Carolina Wilmington $6,315California State University Chico $7,002Truman State University $7,374Murray State University $7,392University of Northern Iowa $7,749Towson University $8,590SUNY at Binghamton $8,619University of Wisconsin-Eau Claire $8,744California Polytechnic University San Luis Obispo $8,919Western Washington University $8,965James Madison University $9,662University of Maryland-Baltimore County $10,384University of Maine $10,606College of Charleston $10,878The University of Texas at Dallas $11,806Rowan University $12,616The College of New Jersey $15,024College of William and Mary $17,656Source: College Board
$1,434
5
Quick Highlight Summary
UG Res. Tuition: + 4.02% in FY 16+ 4.00% in FY 17
Fees: + 4.9% in FY 16+ 4.6% in FY 17
Housing: + 2% in FY 16
Food: + 3.25% in FY 16
6
FY 04
FY 05
FY 06
FY 07
FY 08
FY 09
FY 10
FY 11
FY 12
FY 13
FY 14
FY 15
FY 16
FY 17
0
500
1000
1500
2000
2500
U.G. Semester Tuition
FY 04
FY 05
FY 06
FY 07
FY 08
FY 09
FY 10
FY 11
FY 12
FY 13
FY 14
FY 15
FY 16
FY 17
0
200
400
600
800
1000
1200
U.G. Semester Fees
Historic Comparisons + FY 16(rec)
FY 04
FY 05
FY 06
FY 07
FY 08
FY 09
FY 10
FY 11
FY 12
FY 13
FY 14
FY 15
FY 16
0
20000
40000
60000
80000
Avg. Faculty Salary
Other factors: Mid-year FY 15 reversions 2% state cut in FY 16
7
Strategic Issue One: Human Resources
85% equity level for SPA employeesRetention money for key EPA
employeesNote: Could not afford across
the board increases
10
Strategic Issue Four: Athletics
Fee increases in FY 16 & FY 17($28 and $42 per student)
Balanced approach◦Moderate fee revenue◦Budget and program “right sizing”◦Increased fundraising