Student Tuition & Fees

The University of Kentucky:  Is one of only seven universities in the US with schools of Agriculture, Engineering, Medicine, and Pharmacy on a single campus.  Has an enrollment of 26,545 undergraduate, graduate, and professional students and 10,900 faculty and staff, making UK Kentucky’s 6th largest “city”.  Has an annual budget of over $1.4 billion dollars, making UK Kentucky’s 9th largest business.  Has 814 acres, 345 buildings (including 19 residence halls, a 250-unit apartment complex, and 16 dining halls), a hospital, a health center, radio station, police force, bus service, and 14 libraries.  Is one of only seven universities in the US with schools of Agriculture, Engineering, Medicine, and Pharmacy on a single campus.  Has an enrollment of 26,545 undergraduate, graduate, and professional students and 10,900 faculty and staff, making UK Kentucky’s 6th largest “city”.  Has an annual budget of over $1.4 billion dollars, making UK Kentucky’s 9th largest business.  Has 814 acres, 345 buildings (including 19 residence halls, a 250-unit apartment complex, and 16 dining halls), a hospital, a health center, radio station, police force, bus service, and 14 libraries.

Achievements over the last three years:  Enrollment has increased by 1,754 students (7.1%)  The first-year student class increased by 924 students (30%)  The number of Governor’s Scholars and Governor’s School for the Arts students has more than doubled to 303 students.  Our six-year graduation rate increased by over 2% to 59.5%, the highest of all public universities in Kentucky.  Total number of degrees awarded annually increased by 359 to 5,247 (7.3%)  UK researchers brought in a record $238.3 million of outside funding for grants and contracts, an increase of 37%.  Market value of endowments increased by more than $70 million (16.7%)  Enrollment has increased by 1,754 students (7.1%)  The first-year student class increased by 924 students (30%)  The number of Governor’s Scholars and Governor’s School for the Arts students has more than doubled to 303 students.  Our six-year graduation rate increased by over 2% to 59.5%, the highest of all public universities in Kentucky.  Total number of degrees awarded annually increased by 359 to 5,247 (7.3%)  UK researchers brought in a record $238.3 million of outside funding for grants and contracts, an increase of 37%.  Market value of endowments increased by more than $70 million (16.7%)

State General Funds and Enrollment FY FY Dollar change over Three Year percent change State Appropriations$313,616,900$286,805,900-$26,811, % Enrollment (Full-time equivalent) 20,92922,6491, % State Funding per FTE$14,985$12,663-$2, % Annual Tuition and Fees (Full-Time, Undergraduate, Resident) $3,734$5,165$1, % Source: Office of Planning, Budget and Policy Analysis

Preliminary Financial Needs Source: Office of Planning, Budget and Policy Analysis Revenue Reductions: Service assessments$1,210,400 Endowment management fee272,100 $1,482,500 Expense Increases: Salaries$11,326,100 Benefits3,574,600 Current Scholarship Programs13,561,200 Utilities2,877,100 Other (information systems, public safety, etc.) 3,051,300 $34,390,300 Total Funds Needed$35,872,800

Source: Office of Planning, Budget and Policy Analysis

Undergraduate Annual Resident Tuition and Fees RANKINSTITUTION TOTAL 1Pennsylvania State University$10,856 2University of Michigan-Ann Arbor$8,202 3University of Minnesota-Twin Cities$8,029 4University of Illinois at Urbana-Champaign$7,966 5Ohio State University$7,542 6University of Maryland-College Park$7,410 7University of Virginia$6,790 8Purdue University$6,092 9Texas A & M University$6,041 10UCLA$6,028 11University of Wisconsin-Madison$5,866 12University of Texas-Austin$5,735 13University of Iowa$5,396 14University of Washington$5,286 15University of Kentucky$5,165 16University of North Carolina-Chapel Hill$4,450 17North Carolina State University$4,282 18University of Georgia$4,272 19University of Arizona$4,097 20University of Florida$2,955 Source: Integrated Postsecondary Education Data System

‘Best Value’ Rankings by Kiplinger University of Kentucky Rankings based upon annual cost to students, including tuition, mandatory fees, room & board, and books.

Proposed Resident Tuition and Fees Per Semester Fall 2004Fall 2005Increase Undergraduate Lower Division$2,582.25$2,958.00$ Upper Division$2,657.25$3,044.00$ Graduate$2,826.25$3,213.00$386.75

FY 2006 Funding Sources State Appropriations (Governor’s Recommendation): Utilities for new facilities$2,888,000 Restore partial cuts$2,766,300 Investment Income$3,833,000 Tuition Revenue$16,057,400 Internal reallocations and reserves$10,328,100 Total$35,872,800

UK Housing and Dining Rates Annual FY FY Increase Housing$3,085$3,363$278 Dining*$1,650$1,766**$116 *Reflects a change from declining balance plan to unlimited choices plan. **Provides approximately eight meals per week, other plans available.

UK Total Annual Resident Cost Tuition, Mandatory Fees, Housing, and Dining Increase Undergraduate Lower Division$ 9,899.50$11,045.00$1, Upper Division$10,049.50$11,217.00$1, Graduate$10,387.50$11,555.00$1,167.50

Student Tuition & Fees