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Graduate Education Costs. The cost of graduate education is higher than undergraduate programs: Smaller class sizes Higher faculty costs (fewer NTT) Student assistantships Research orientation. Graduate Education Costs.
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Graduate Education Costs • The cost of graduate education is higher than undergraduate programs: • Smaller class sizes • Higher faculty costs (fewer NTT) • Student assistantships • Research orientation
Graduate Education Costs • On average, costs are 4X’s higher than undergraduate (based on 2010 Cost Study data submitted to THECB) • Doctoral programs cost 2.5X’s more than graduate programs and 10X’s more than undergraduate
Other UT institutions with differential Graduate Tuition Rates • UT Arlington charges $38.22 more per SCH with a differential designated tuition rate • UT Dallas has flat rate tuition that is $167 more per SCH for graduate students • UT Pan American charges $4.70 more per SCH for designated graduate tuition • UT Tyler charges $67 more per SCH for Graduate students and $111 more per SCH for Doctoral
Proposal to Create a Differential Graduate Designated Tuition Rate If approved, graduate students will pay $7.25 per SCH more than the UG designated tuition rate in FY13, and $12.75 more per SCH in FY14 (in addition to $50/SCH GIT statutory tuition) Total per semester increase of $356 (FY13) and $348 (FY14) for a full time equivalent graduate student taking 24 SCH per year.
New Revenue would allow funding enhancements towards our goal of increasing Graduate programs Preliminary revenue estimates based on FY12 budgeted SCH
Graduate Programs • New faculty • Scholarly Activity Fund