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 Net Student Revenues  2384 undergraduate students  Comprehensive Fee - $57,900  90% receive institutional aid –average aid $25,300  Gift Revenue  Total cash from gifts - $11.9 M  Alumni Participation – 33% 4

 Endowment Income  Endowment market value of $257M (7/13)  Investment return – ▪ 20.4% in ‘11 ▪ -1% in ‘12 ▪ 12.4% in ’13  We will spend 5.2% of a 3 year average market value - $11.5M  Reducing spending rate by 0.1%/year to 5% 5

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 Use to bridge residence hall gift funding  Balloon payment on debt in 2016 – pay off some of the principal  Invest more in Annual Capital – deferred maintenance is growing $4M/year  Reserve for underperformance – enrollment shortfall, discount increase, etc. 9

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 The university must provide for every aspect of living for our students:  Housing including all utilities  Dining 24/7  Health and Wellness  The extent of our facilities is a good example: 11

 Buildings  50 Institutional Buildings  50 Buildings of (Wood) Residential Construction  Includes Canaras Boathouse and Others off campus. 100 Total 1.95 Million Gross Square Feet 12

 Infrastructure  3.0 miles Steam and Condensate Lines  2.0 miles of Primary Electrical Lines  2.6 miles of Roadway  5.7 miles of Walkway  6.5 miles of Trails  16.1 miles of Water, Sewer, Drainage, Irrigation 13

 Acreage  256 acres Maintained Campus (now less 44 acres returned to meadowland)  220 acres Golf Course  12 acres Parking Lots  19 acres Athletic Fields  493 acres Woodland (a good number of deer) 14