Transcript FY10 Statutory Tuition Revenue Projections • Different Rates for UG and GR; Resident and Non-resident Undergraduate, Resident Graduate, Resident Non-Resident $50 / Semester Credit Hour $100 /

FY10 Statutory Tuition Revenue Projections
• Different Rates for UG and GR; Resident and
Non-resident
Undergraduate, Resident
Graduate, Resident
Non-Resident
$50 / Semester Credit Hour
$100 / Semester Credit Hour
Rate established by THECB
average NR tuition of the 5
most populous states
FY08 Rate: UG $328 / SCH
FY09 Rate: UG $331 / SCH
FY10 Rate: UG $327 / SCH
GR $656 / SCH
GR $662 / SCH
GR $654 / SCH
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Texas Public Education Grants
• Mandatory financial aid ‘set-aside’ for Texas
Public Education Grants (TPEG) per Ed Code
56.033(a)(2)
– Funds for TPEG are netted from statutory tuition
revenue:
• 15% of Resident tuition
• 3% of Non Resident tuition
(can be reset each biennium by the legislature)
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FY10 Statutory Tuition Revenue Projections
• We are liable for the actual TPEG requirement by
Ed Code based on census data not budget data:
– Budgeted TPEG is adjusted for the:
• Estimated Change in mix of ‘paying’ students:
– UG/GR
– Res/NR
– Other legislative changes (e.g. set-aside rate)
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FY10 Statutory Tuition Revenue Projections
• Difficult to know with precision what future enrollment
mix will be:
– How many non-residents paying the out of state tuition rate?
• Non-resident & international students appointed to a 20 hour per week
TA/GA position pay in-state tuition rates
• Graduate student taking undergraduate level courses, pay UG tuition
rate
– Over estimating non-resident tuition can have substantial
financial impacts; for example, a shift of
• 10 FTE UG NR students (30 SCH each) = $ 98,100 annualized (next year’s rate)
• 10 FTE GR NR students (18 SCH each) = $117,720 annualized (next year’s rate)
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Last Year at this time:
• We were expecting a loss of student head
count in FY09 due to admissions criteria
– 800 students
• FY09 tuition budgets were conservatively
based on
– 648,648 SCH
– No change in mix of students
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Projection is 0.2% SCH less than projected FY09, with a 5.5% decline for UG NR SCH
(20 FTE UG) and 7% decline for GR NR SCH (10 FTE GR).
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FY10 Designated Tuition Revenue Projections
• Normally, easier to compute – Board approved rate
times SCH
– Summer is the trailing semester.
– Predicting next year’s total SCH / Summer trailing semester
• Legislature may change the FY10 Board approved rate
• Rate Projection Scenarios:
–
–
–
–
No rate increase
Board Approved Rate
5% Designated Tuition Rate Cap
5% Total Academic Cost Cap
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FY10 Designated Tuition Revenue
Projections
• FY10 SCH Basis: <0.2%> of projected FY09 or
670,450 SCH
– 3.4% increase over FY09 budgeted SCH
• Even the flat rate scenario will generate
additional base budget given prior year
conservative projections
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Scenario 1: Designated Tuition Rate is flat.
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Scenario 2: FY10 DT Rate is capped at 5%
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Scenario 3: FY10 Total Academic Costs Capped at
5% but Designated Tuition Rate is Maximized
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Scenario 4: Board of Regents’ Approved FY10
Designated Tuition Rate
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