tuition consultation 2013-14
DESCRIPTION
Presented by Jessica Medearis There may be a tuition freeze, but that shouldn't put students out in the cold when it comes to college budgets! In this session, learn how to make the most of the consultation process and develop a plan for your campus on fees, student services, and more.TRANSCRIPT
Network: NCTC-GUEST Username: MSCSA PW: northlandguest
WiFi information
Frozen!Budgets in the Time of Tuition Stability
The system received $100 million in new money from the state
First increase in appropriations since 2008
$78 million to FREEZE tuition for two years◦ 2013-2014◦ 2014-2015
Why this year is different:
Fees matter
Where money is spent matters
Facilities matter
Planning matters
Frozen! So why consult?
Annual process Restricted by:
◦ State Appropriation◦ Enrollment◦ Personnel◦ Cost of programming◦ Chancellor◦ Board action
How is budget set?
Follows the legislative calendar Board approves in summer
When is tuition set?
Student input Materials Q and A Discussion Consultation letter
What is required?
Revenue sources are restricted Funding per student still down Bargaining agreements
◦ $17 million one-time money Other inflationary costs
Challenges:
Budget outlook Enrollment projections Cuts made/proposed Reserves Fee change scenarios Online rates Course/program differentials
What you need to know:
Several meetings Ask questions, discuss as a senate Ask for scenarios Follow checklist
Best Practices:
Consult early and often Know consultation policy Have a plan Ask why
Best Practices:
Fall-April: Campus consultationLate April: Consultation letters due June: Board approval of operating
budget, including tuition and fees
Timeline
MUST comment on process MAY comment on the proposal Use your own words Be thoughtful, professional, and honest Share with others Ask for help
The Letter
Toolkit MSCSA
Resources: