House Education Committee Morehead State University

President Wayne D. Andrews February 28, 2012

Reduced State Support for Higher Education

Slicing the Higher Education Budget Pie $ in millions

Based on proposed FY 13 budget

High School Diploma Attainment % of Adults (age 25+) with HS Diploma (1990 Census)

Source: US Census Bureau (1990 Federal Census data)

High School Diploma Attainment % of Adults (age 25+) with HS Diploma (2010 Census)

Source: US Census Bureau (2010 Federal Census data)

High School Diploma Attainment % Change in Adults (age 25+) with HS Diploma over 20 Years

Source: US Census Bureau (1990, 2010 Federal Census data)

College Going Rates High School Class of 1999

Source: KY Council on Postsecondary Education

College Going Rates High School Class of 2009

Source: KY Council on Postsecondary Education

College Going Rates

Source: KY Council on Postsecondary Education

% Change in Classes of 1999 and 2009

2011-12 Tuition is $6,942.

Total Grant Aid is $8,593 excluding any institutional awards and direct loan eligibility.

A student with a zero Expected Family Contribution, 18 ACT and 3.0 GPA would receive $1,601 more in grant aid than tuition costs.

Morehead State

Example of how maximum need based aid provides affordable access to college

Affordability

2011-12 Tuition is $16,250.

Total Grant Aid is $11,557, excluding any institutional awards and direct loan eligibility.

A student with a zero Expected Family Contribution, 18 ACT and 3.0 GPA would have a net tuition price of $4,693 before any institutional awards and without using any direct loan eligibility.

UPike

Example of how maximum need based aid provides affordable access to college

Affordability

2011-12 Tuition is $16,250.

Total Grant Aid is $11,557, excluding any institutional awards and direct loan eligibility.

A student with a zero EFC, 18 ACT and 3.0 GPA would have a net tuition price of $4,693 before any institutional awards and without using any direct loan eligibility.

UPike

Example of how maximum need based aid provides affordable access to college

$7,510 Avg. Institutional Award

After adding average institutional award of $7,510, student would receive a total of $19,067, or $2,817 more in grant aid than tuition.

Affordability

Bachelors Degree Attainment % of Adults (age 25+) with Bachelors Degree (1990 US Census)

Source: US Census Bureau (1990 Federal Census data)

Bachelors Degree Attainment % of Adults (age 25+) with Bachelors Degree (2010 US Census)

Source: US Census Bureau (2010 Federal Census data)

Bachelors Degree Attainment % Change of Adults (age 25+) with Bachelors Degree over 20 Years

Source: US Census Bureau (1990, 2010 Federal Census data)

MSU’s Commitment

•  True to historic mission •  1,997 students •  6,925 alumni

•  Established partnerships •  Investments in infrastructure

The Nation is Watching

21st Century Model

•  Collaborations (UCM) •  Partnerships (public/private) •  Distance and online learning •  Increase funds for tuition assistance