Transcript Slide 1

University of South Carolina
FY2008-2009 Budget
Board of Trustees
June 27, 2008
Tuition and Fees
FY 2009
Estimated Resident Undergraduate Cost per Semester
Current 2007-08 to Proposed 2008-09
Academic
Year
2007-08
Required Tuition and Fees:
I. Total Resident Undergraduate Tuition
-Educational & General
-Bond & Renovation Revenue
-Transportation Fee
-Wellness Center
-Student Activities
-Student Health Center
-Computer Fee
-Athletics Activity
Total Resident Undergraduate Tuition
II. Technology Fee
Dollar
Change
Academic
Year
2008-09
3,270.00
275.00
10.00
105.00
70.00
151.00
40.00
52.00
3,973.00
200.00
213.00
25.00
6.00
2.00
246.00
0.00
3,483.00
300.00
10.00
105.00
76.00
153.00
40.00
52.00
4,219.00
200.00
4,173.00
246.00
4,419.00
Average University Housing Cost (1)
1,725.00
85.00
1,810.00
10 Meal Plan (2)
1,023.00
65.00
1,088.00
450.00
18.00
468.00
Total Required Tuition and Fees
Other Student Costs:
Average Book Cost
(3)
(1)
Based on weighted average costs of traditional style housing for FY08 and FY09.
(2)
Provided by Food Services.
Estimate by the USC Financial Aid Office.
(3)
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Senior & Regional Campuses
Required Tuition & Fees per Semester for Full-time Students
Current 2007-08 to Proposed 2008-09
Campus
USC Aiken
Resident
CURRENT PROPOSED
2007-08
2008-09
DOLLAR
CHANGE
3,503
3,766
263
Non-Resident
6,961
7,448
487
USC Beaufort
Resident
Non-Resident
3,125
3,500
375
6,956
7,288
332
USC Upstate
Resident
Non-Resident
3,880
7,876
4,171
8,342
291
466
Regional Campuses - under 75 credit hours
Resident
Non-Resident
2,434
5,890
2,632
6,340
198
450
Regional Campuses - 75 or more credit hours
Resident
Non-Resident
3,533
6,991
3,826
7,508
293
517
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Required Tuition & Fees per Semester for Full-time Students
Current 2007-08 to Proposed 2008-09
Campus
Columbia
Undergraduate
- Resident
- Non-Resident
- Non-Resident General University Scholarship
- Non-Resident Departmental Scholarship
- Non-Resident Athletic Scholarship
Graduate
- Resident
- Non-Resident
Law
- Resident
- Non-Resident
- Non-Resident Scholarship
Medical School
Resident
Non-Resident
Non-Resident Scholarship
CURRENT PROPOSED
2007-08
2008-09
DOLLAR
CHANGE
4,173
10,816
4,173
4,419
11,454
4,419
246
638
246
6,082
8,162
6,435
8,078
353
-84
4,644
9,790
4,918
10,368
274
578
8,382
16,725
9,257
8,924
17,810
9,856
542
1,085
599
11,272
29,930
14,090
12,388
30,229
15,485
1,116
299
1,395
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USC Columbia Campus Operating Budget
FY2009
USC Columbia Campus – FY 2009
State Budget Cut Impact
State Budget Cut
($ 4,301,711)
Reduction in State Appropriations
$ 3,768,892
– Tuition Impact
Travel Cut
$
532,819
- Passed on to Academic & Service Units
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USC Columbia Campus – FY 2009
Academic Programs and Services
Faculty Excellence Initiative
Global Competitiveness Initiative
University Libraries
Total
$750,000
$200,000
$369,941
$1,319,941
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USC Columbia Campus – FY 2009
Academic Support and Student Affairs Programs
Scholarship 4% Fee Waiver Increase
$ 701,227
In-State Undergraduate
Enrollment Management
Gamecock Guarantee Operations
Student Affairs Planning & Compliance
Study Abroad Data Management
MyStudentBody.com
Total
$ 355,000
$ 100,000
$ 120,000
$ 10,000
$ 14,330
$1,300,557
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USC Columbia Campus – FY 2009
General Institutional Costs and Central Operations
Utility Increases
Insurance Increase
Law Enforcement and Safety - Fuel Adjustment
Facilities - Fuel Adjustment
Facilities - Sustainability Coordinator
Facilities - Salary Allocation Plan - Year Three
Facilities - O&M of Strings Facility and Band Hall
Env. Health & Safety - Fire Alarm Inspection
Env. Health & Safety - Hazardous Waste Increase
Human Resources Initiatives
Total
$ 988,636
$ 166,386
$ 125,000
$ 100,000
$ 80,828
$ 500,000
$ 100,027
$ 145,980
$ 15,000
$ 24,147
$2,246,004
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USC Columbia Campus – FY 2009
Pay Package, Health Insurance and Retirement
University Share of Pay Package
Salary
Fringe Benefits
Retirement & Health Insurance Increases
Total
$ 665,080
$ 156,853
$ 735,000
$1,556,933
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USC Columbia Campus – FY 2009
Mandated Fee Distributions
Institutional Bond
Student Health Center
Student Activities
Total
$ 1,000,000
$ 80,000
$ 240,000
$ 1,320,000
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System Budget
FY2009
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