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PBAC Budget and Finance Tuition and Fee Recommendations

Agenda. StatementWork of the Committee to Date

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PBAC Budget and Finance Tuition and Fee Recommendations

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    1. PBAC Budget and Finance Tuition and Fee Recommendations November 26, 2007

    2. Agenda Statement Work of the Committee to Date – Overview FY09 Recommendations and Revenue Implications Fees Tuition Tuition waivers Market Position Implications Summary

    3. Statement and Request The PBAC Finance and Budget Committed has completed a situation analysis, the results of which have compelled us to offer a recommendation for FY09 Fee and Tuition increases for GSU. We ask that this document be presented to PBAC for its approval and forwarding to the President.

    4. Overview PBAC F & B Committee Reviewed: History of tuition and fees at GSU Market position of GSU relative to other Illinois public universities Discussed the deferred maintenance issue, the pending E & F wing renovations, other desirable projects, and university needs Discussed affordability and the implications of the high-cost/high-aid versus low-cost/low-aid paths toward that goal Developed a unanimous tuition and fee recommendation Developed a near-unanimous tuition waiver recommendation

    5. FY09 Fee Recommendation Three types of recommended fee increases: Inflationary adjustments: Student Activity Fee Student Center Fee Career and Counseling Fee Strategic Initiative Fee Program-specific increases: Parking and Walkway Maintenance Fee Technology Fee Graduate and Doctoral Application Fees New Fee Assessments: University Facilities Fee Undergraduate Application Fee

    6. FY09 Mandatory Fee Recommendation

    7. FY09 Non-Mandatory Fee Recommendation

    8. Incremental Estimated Annual Revenues from Proposed Fee Increases

    9. FY09 Tuition Recommendation All actual (FY08) and proposed (FY09) rates are assessed on a per-credit basis

    10. Incremental Estimated Annual Revenues from Proposed Tuition Increases (Assuming No Enrollment Increase)

    11. FY09 Tuition Waivers Current Practice: GSU assesses tuition for non-resident students at 3 times the rate for resident students, and waives full tuition at the assessed rate regardless of student residency status Proposal: Limit the amount of tuition waived for all students, regardless of residency status, to 100% of the assessed rate for resident students Effect: Recapture about $250K each year in waived tuition and fees

    12. Comparison of GSU Tuition and Fees to other IL Public Universities

    13. Summary of PBAC Finance and Budget Committee Recommendations for FY09 Tuition and Fees

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