Campus Based Tuition Info Session Executive Branch of

Campus Based Tuition Info Session Executive Branch of Student Government Out of State Students Association January 14, 2004 Summary of Information Provided by the Office of the Provost

BOT Tuition Rate Philosophy Undergraduate tuition for North Carolina residents must remain affordable to ensure accessibility. We will retain our position in the lowest quartile of our national public peers for in-state tuition. Out of State tuition will be value and market driven. We will increase out of state tuition over time to the 75th percentile of our national public peers.

Tuition Increase Uses Need-based Student Aid Carolina Covenant Merit/Talent Based Student Aid Chancellor’s Scholars Morehead, Robertson, Other Academic Additional Merit-based scholarships Athletic scholarships Graduate Tuition Remissions Salary Support for Teaching Assistants Faculty Salaries New Faculty Positions (Reduce Student Faculty Ratio) Staff Salaries

Cost Subsidy Undergraduate Education FY 2003-2004 Non Resident Resident 15,626 15,626 ( 15,920) ( 4,072) ( 294) 11,554 The State’s subsidy to resident students is 11,554. Non-resident students pay the full cost of education plus 294.

In State Tuition & Fees Comparison UNC-Chapel Hill UNC System Peers Florida Texas Washington Wisconsin Cal-Berkeley Cal-Los Angeles Virginia Ohio State Illinois Michigan Undergraduate 4,072 System Peer Mean Percentile Values for Peer Group 75th 25th UNC Distance from 75th UNC Distance from 25th Graduate 4,269 2,780 4,188 4,968 5,139 5,250 5,298 6,149 6,651 7,010 8,481 4,926 4,554 7,071 7,593 6,169 6,318 7,856 7,278 7,756 12,933 5,591 7,245 6,651 4,968 (2,579) (896) 7,756 6,169 (3,488) (1,901)

Out of State Tuition & Fees Comparison UNC-Chapel Hill UNC System Peers Texas Florida Washington Ohio State Illinois Wisconsin Cal-Berkeley Cal-Los Angeles Virginia Michigan Undergraduate 15,920 System Peer Mean Percentile Values for Peer Group 75th 25th UNC Distance from 75th UNC Distance from 25th Graduate 16,267 11,268 13,808 16,121 16,638 18,046 19,139 19,460 19,508 22,169 25,647 10,218 18,589 16,794 18,489 18,866 22,863 18,659 18,808 19,964 25,999 18,180 18,925 19,508 16,121 (3,588) (201) 19,964 18,489 (3,698) (2,223)

Tuition Increase Scenarios Non Residents Excludes students paying professional degree tuition in excess of the campus base tuition BOT 1500 increase SCENARIOS 1 Yr. Target Tuition 2004-05 increased tuition income Tuition Task Force 300 increase 16,303 15,103 9,415,500 1,883,100 Residents SCENARIOS 1 Yr. Target Tuition 2004-2005 increased tuition income Includes all resident students Tuition Task Force 300 increase 15,103 5,874,900

Resident Tuition Increase (Includes all resident students) Increase Permanent Increase at the end of 1 Year 300 Campus-Based 5,874,900 Need Based Aid (35 5%) 2,349,960 Balance 3,524,940 Non-Resident Tuition Increase (Excludes students paying professional degree tuition in excess of the campus-based tuition) Increase 1500 per year Permanent Budget Need Based Merit/Talent Tuition Increase at Aid (35 5%) Based Aid Remissions End of 1 Year 9,415,500 3,766,200 937,500 1,980,000 Balance 2,731,800

Summary of Campus-Based Tuition Proposal for FY200405 Resident tuition increase: 300 Non-resident tuition increase: 1,500 Permanent budget increase: 15,290,400 Need-based aid: 6,116,160 Merit/talent-based aid: 937,500 Tuition remissions: 1,980,000 Balance: 6,256,740

Tuition & Fee Increase Recommendation FY 2004-05 Undergraduate & Graduate Resident 300.00 Non resident 1,500.00 Fees 121.50 Undergraduate Tuition Resident 2,955.00 300.00 Increase Amount 3,255.00 Non Resident Increase Amount Graduate Resident Increase Amount Non Resident Increase Amount Fees 1,117.00 121.50 1,238.50 Percentile Total 4,072.00 421.50 25th 4,493.50 14,803.00 1,500.00 1,117.00 121.50 15,920.00 1,621.50 16,303.00 1,238.50 17,541.50 40-50th 3,163.00 300.00 3,463.00 1,106.00 121.50 1,227.50 4,269.00 421.50 4,690.50 25th 15,161 1,500.00 1,106.00 121.50 16,267 1,621.50 16,661 1,228 17,889 20-30th

Tuition Increases 18,000.00 16,000.00 Tuition and Fees 14,000.00 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 Grad Nonresident 0.00 Grad Resident 19971998 19981999 19992000 UG Nonresident 20002001 20012002 Years UG Resident UG Nonresident 20022003 Grad Resident UG Resident 20032004 20042005 Grad Nonresident

Tuition Outlook for a Class of 2005 Nonresident Undergraduate 18,000.00 -Tuition vs. Inflation- 17,000.00 16,000.00 NonResident- Class of 2005 15,000.00 Inflation* 14,000.00 13,000.00 12,000.00 2001-2002 2002-2003 2003-2004 2004-2005 * Inflation Estimate Based on Data from the US Department of Labor

Analysis Rebekah Burford- Student Body Vice President Dan Herman- President of GPSF Joy Diggs- President of the Out of State Students Association

What you can do? Attend the BOT meeting next Wednesday January 21st at 4:00PM. Carolina Inn- Hill Ballroom Central Send the BOT members a polite email with you concerns and comments. You can find their information on the University website: http://www.unc.edu/depts/trustees/member.html Email Jim Phillips of the BOG at [email protected] Email the Chancellor at [email protected] Call the Financial Aid office and talk about the new grants and aid you’d need to stay enrolled (Vince [email protected])