Transcript Slide 1

Overview of Budget, Finances and
Academic Costs
Cost of Education Committee
August 7, 2009
Agenda
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Tuition and Fee Setting Process
Appropriations & Budget Cycle Timeline
Higher Education Funding
UTPA Operating Budget
Tuition and Fees (including “Total Academic Cost”)
Financial Aid Availability
Challenges
Tuition and Fee Setting Process
Tuition and Fee Setting Process (cont.)
UT System Guidelines
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Institutions submit proposals for 2 years at a time
during a major cycle and one year at a time in a minor cycle.
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Focus on total academic cost (average paid by a
Resident Undergraduate Student for 15 hours)
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Promote predictability of academic costs for students
and parents
Identification of cost savings
Which items are eligible for updates in
this cycle?
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“Everything”
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Justification for existing fees
Fees for new degree programs or requirements
Changes to courses affected by existing fees (subject
to Executive Vice Chancellor review)
Designated Tuition
Mandatory Fees
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Designated Tuition and Utility Fee Proposals –
Fall 2007 COEC Recommendation vs. Final Rates
FY 2008
COEC
Proposed
FY 2009
COEC
Proposed
FY 2010
Final*
FY 2009
Des. Tuition
Rate per SCH
$79.15
$108.60
$125.90
$87.70
+ Utility Fee
$2.85
-
-
$2.85
Final*
FY 2010
$97.00
($101.70 for
Grad Level)
$2.85
$99.85
Combined
Rate per SCH
$82.00
$108.60
$125.90
$90.55
Increase
-
$26.60
$17.30
$8.55
$9.30
$8.1M
$10.9M
Foregone Revenue
($104.55 for
Grad Level)
*UT System Board of Regents limited the annual increase in academic costs to the greater of $150 or
4.95% for a 15-hour resident undergraduate course load.
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Appropriations & Budget Timeline
s
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UTPA’s Strategic Planning Goals
(Compact with UT-System FY09 – FY10)
1.
2.
3.
4.
5.
Improve Graduation Rates
Implement & Refine Quality Enhancement
Plan (gatekeeper mathematics courses)
Improve organizational processes & structure
Increase research & doctoral programs
Increase graduates in science, technology,
engineering, math, nursing & allied health
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Higher Education Funding - Background
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State appropriations are not keeping pace with
needs. The percentage of the budget funded by Formula
(GR) General Revenue has steadily declined since FY 2000.
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Trend toward viewing higher education as a
private good instead of a public good
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Unlike community colleges UTPA does not
receive property tax revenues
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UTPA Budget vs. State General Revenue for
Core Operations (Formula)
300,000,000
250,000,000
200,000,000
150,000,000
100,000,000
50,000,000
0
88
89
90
91
92
93
94
95
96
97
98
99
00
01
02
03
04
05
06
07
08
NOTE: General revenue shown is appropriations by the state for basic
operations. Not included are funds the institution receives, from the state, for
special line items, bond payments & other transfers such as Texas Grant.
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UTPA Formula Appropriations per FTSE
(FY 2001 to FY 2008)
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What State funds Does UTPA Receive?
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Formulas:
1.
2.
3.
Instruction &
Operations
Infrastructure Support
Teaching Supplement
(tenure & T-Track)
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Special Line Items
Incentive Funds
Tuition Revenue Bond
(TRB) Payments
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HEAF
Funds Transferred from
the Coordinating Board
(ATP/ARP, Texas Grant,
etc.)
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Flow-through funds
(UTEP’s Border
Consortium, UTSA’s SBDC,
etc.)
Formulas
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Instruction & Operations (matrix)
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SCH X Factor X rate
Liberal arts = 1.00 (base)
Infrastructure support (uses space projection Model)
1.
2.
3.
4.
5.
Teaching space Level and program areas of an institution’s
funded semester credit hours
Library space Faculty, students, approved programs, and
holdings
Research space Research expenditures and students’
reported semester credit hours
Office space Faculty, staff, and current fund E&G
expenditures
Support space A percentage of the total prediction for all the
other factors
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HEAF
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Higher Education Assistance Funds (est. 1984)
Funds can be used for: land, equipment, library materials,
constructing and renovate buildings, Retire debt
HEAF vs. PUF (Permanent University Fund)
UTPA Allocations ►
1986-1995
$2.9M
1996-2000
$8.6M
2001-2005
$6.0M
2006 & 2007
$8.5M
2008
$12.9M
2009 & 2010
$13.2M
2011
$12.3M
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UTPA Operating Budget – Which Funds are
Budgeted?
Budgeted
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Educational and General
Designated
Auxiliary Enterprises
Restricted
Plant Funds
Non-Budgeted
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Loan
Endowment & Similar Funds
Agency
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Funding Sources of FY 2010 Operating Budget
FY 2010 Operating Budget: $283,615,685
Tuition & Fees
32.6%
Appropriated General
Revenue
27.7%
HEAF
4.6%
Other Funds
26.9%
Other E&G
8.2%
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Where Does UTPA Get Its Operating Funds?
2010 Operating Budget (Total = $283.6M)
State Appropriations
$78.4M
27.7%
Tuition & Fees
$92.3M
32.6%
Sales, Services, Auxiliary
$11.8M
4.2%
Sponsored Programs-Federal
$59.9M
21.1%
Sponsored Programs-State
$23.5M
8.3%
Sponsored Programs-Local
$2.6M
0.9%
Investments & Gifts
$3.0M
1.0%
Interagency Contract
$0.3M
0.1%
HEAF
$13.2M
4.6%
Transfers and Balances
-$1.4M
-0.5%
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Where Does UTPA Spend Its Operating Funds?
2010 Operating Budget (Total = $283.6M)
Instruction
$88.6M
31.2%
Academic Support
$16.3M
5.7%
Research
$5.8M
2.0%
Public Service
$7.9M
2.8%
Institutional Support
$20.9M
7.4%
Student Services
$14.8M
5.3%
Oper & Maint of Plant
$20.0M
7.1%
Scholarships & Fellowships
$73.0M
25.7%
Auxiliary Enterprises
$15.1M
5.3%
Debt Service
$12.4M
4.4%
Capital Outlay
$8.8M
3.1%
Tuition and Fees
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Statutory Tuition & Lab Fees (E&G)
Designated Tuition (Designated)
Mandatory Fees
Academic Advisement Fee (Designated – undergraduates only)
Information Technology Access Fee (Designated)
International Education Fee (Designated)
Library Tech Fee (Designated)
Medical Service Fee (Designated)
Registration Fee (Designated)
Utility Fee (Designated)
Recreation Fee (Auxiliary)
Student Service Fee (Auxiliary)
Student Union Fee (Auxiliary)
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Incidental Fees
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Tuition Rates at UTPA per Semester Credit Hour
Fiscal
Year
Designated
Tuition
Statutory
Tuition
Headcount
2000
$22
$38
12,571
2001
$22
$40
12,761
2002
$26
$42
13,640
2003
$26
$44
14,392
2004
$32
$46
15,915
2005*
$38
$48
17,030
2006
$46
$50
17,049
2007
$63.15
$50
17,330
2008
$79.15
$50
17,435
2009
$87.70
$50
17,573
2010
$97
($101.70 Graduate)
$50
*Designated Tuition was deregulated starting with FY 2005.
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Comparative Designated Tuition Rates per SCH
(Deregulated for FY 2005)
FY04
FY05
FY06
FY07
FY08
FY09
UT Austin
UT Dallas *
$46
$46
$94
$88
Varies Varies Varies Varies
$110 $119.45 $122.78 $134.11
UT El Paso
$46
$78
$85.50
UT San Antonio
$46
$76
$110
$120.85
UT Arlington *
$46
$73
$82.25 $101
min
$79.75 $124.26
$139
$152
UT Tyler
$46
$62
$77.50
$85
$95
$105
UT Perm. Basin
$41
$52
$65
$79
$86
$96
UT Pan Am
$32
$38
$46
$63.15
$79.15
$87.70
UT Brownsville
$32
$38
$44
$66
$78
$83
$93.70 $101.70 $110.20
* FY 2007, 2008, 2009 based on average of 15 SCH. Actual tuition per SCH will vary based on class load.
Average Total Academic Costs
(Resident Undergraduates taking 15 Hours)
Fall 2008
Estimated Fall 2009
UTPA:
Statutory Tuition
$
Designated Tuition
Mandatory Fees
Average Course/Program Fees
UTPA Total
$
750.00
$
750.00
1,227.80
1,358.00
584.45
604.35
35.75
43.72
2,598.00
$
2,756.07
Other UT schools:
UT-Arlington
$4,071
$4,273
UT-Austin
$4,254
$4,477
UT-Brownsville
$2,718
$2,828
UT-Dallas
$4,647
$4,919
UT-El Paso
$3,048
$3,184
UT-Permian Basin
$2,725
$2,864
UT-San Antonio
$3,829
$4,046
$2,963
$3,105
UT-Tyler
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Total Academic Cost Rankings (15 hours, Fall 2008)
Includes Tuition, Mandatory Fees and Average College and Course Fees
1 The University of Texas at Dallas
$ 4,647
18 Midwestern State University
$2,996
2 The University of Texas at Austin
4,254
19 The University of Texas at Tyler
2,963
3 Texas A&M University
4,148
20 University of Houston - Clear Lake
2,928
4 The University of Texas at Arlington
4,071
21 Texas A&M University - Corpus Christi
2,925
5 University of Houston
3,981
22 Tarleton State University
2,820
6 The University of Texas at San Antonio
3,829
23 Texas A&M University – Kingsville
2,745
7 University of North Texas
3,584
24 The University of Texas of the Permian Basin
2,725
8 Texas Tech University
3,570
25 The University of Texas at Brownsville
2,718
9 Texas State University - San Marcos
3,497
26 Angelo State University
2,705
10 Texas A&M University at Galveston
3,435
27 Texas A&M International University
2,698
11 Prairie View A&M University
3,412
28 West Texas A&M University
2,691
12 Stephen F. Austin State University
3,270
29 University of Houston - Victoria
2,657
13 Texas Southern University
3,201
30 The University of Texas - Pan American
2,598
14 Texas Woman's University
3,154
31 Texas A&M University - Commerce
2,585
15 Sam Houston State University
3,053
32 Sul Ross State University
2,545
16 The University of Texas at El Paso
3,048
33 University of Houston - Downtown
2,505
17 Lamar University
3,032
34 Texas A&M University - Texarkana
2,121
Source: Texas Higher Education Coordinating Board: Tuition & Fees Data (THECB) available at
www.txhighereddata.org.
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Tuition and Fee Approaches
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Fixed Rate (UT-Arlington, UT-Austin)
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4-Yr Guaranteed Cost Option (UT-Dallas)
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14-Hour Cap (UTPA)
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Financial Assistance Set Aside
A portion of the designated tuition charges are required to be set
aside to provide need-based financial assistance for resident
students. Estimated total set-asides are as follows:
FY 2008
Undergraduates*
FY 2010
$2,510,377
$3,209,156
$3,929,955
170,166
209,674
290,108
$2,680,543
$3,418,830
$4,220,063
Graduates
Total
FY 2009
Increase ($)
-
$738,287
$801,233
Increase (%)
-
27.5%
23.4%
* One fourth of the undergraduate set aside amount is used for B-On-Time loans.
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Projected Financial Assistance Initiatives from
Tuition Set Asides in FY10 (Need-Based)
Funded with Designated Tuition Set Aside (Total = $4,220,063)
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UTPAdvantage Program - $837,000
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Summer Grants - $643,466
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Work-study Program - $50,000
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Scholarship Matching Programs - $200,000
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Other Undergraduate Student Assistance - $1,217,000
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B-on-Time Loan Funds - $982,489
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Graduate Student Tuition Grant - $290,108
Funded with Statutory Tuition Set Aside:
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Texas Public Education Grant (TPEG) - $3,430,906
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Financial Aid Awards
FY 2006
FY 2007
FY 2008
$46,030,714
$50,861,903
$57,628,181
Scholarships
8,274,873
9,582,818
10,274,515
Work-study
2,277,550
2,159,405
2,297,359
Waivers
5,320,237
5,933,112
6,628,913
29,735,550
33,802,369
34,385,001
$91,638,924
$102,339,607
$111,213,969
Grants
Loans
Total
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Challenges
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Rising academic standards/enrollment
Concurrent Enrollment / Early College HS
Shift in cost towards the students and families
Financial aid funds
Tight margins
Debt capacity near maximum
Land and construction needs
Facilities maintenance
Economic uncertainty
State shortage of discretionary funds
Pressure to restrain tuition and fee rate increases
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Contact Information
UTPA Budget Office website:
www.utpa.edu/budget/
Email:
[email protected]
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