10/9/2003Tuition Policy Advisory Committee1 Appendix

10/9/2003Tuition Policy Advisory Committee2 Total University Budget Educational & General Component 59% Endowment Component 9% Research Component 20% Auxiliary Component 12% $846.7M University Finances FY03/04 Total University Budget $1.44B $176.6M $129.1M $292.2M $1.44B

10/9/2003Tuition Policy Advisory Committee3 Academic Budget Over 30 Years

10/9/2003Tuition Policy Advisory Committee4 Operating Budget Projection

10/9/2003Tuition Policy Advisory Committee5 Facility Aging Drives Repair & Renovation (R&R) Requirements There is a significant bubble of R&R requirements in the near future. A substantial portion of the University’s Plant, those projects built in the 50’s through 80’s, is approaching years old and will require substantial repair and renovation. Total Facility Replacement Cost:$ 2.1B Gross Square Footage

10/9/2003Tuition Policy Advisory Committee6 Repair & Renovation (R&R) / Deferred Maintenance Budget Projection * Transfer to FY Benefit Budget to cover increases. E&G FACILITIES ONLY

10/9/2003Tuition Policy Advisory Committee7 6-Year Capital Budget Projection Note: it would take about $39M recurring to generate $390M of capital funds from 30 year bonds.

10/9/2003Tuition Policy Advisory Committee8 Annual Quality Funding Requirements

10/9/2003Tuition Policy Advisory Committee9 Academic Sustainability Tuition Fixed increase amount for full-time students Prorated increase for part-time students Separate from legislative increases Includes associated financial aid increases

10/9/2003Tuition Policy Advisory Committee10 Spring 2004 Academic Sustainability Tuition

10/9/2003Tuition Policy Advisory Committee11 Fall/Spring Academic Sustainability Tuition

10/9/2003Tuition Policy Advisory Committee12 Average Cost of Education Resident Full-Time

10/9/2003Tuition Policy Advisory Committee13 Financial Aid Grant Award for Academic Sustainability Resident Undergraduate Tuition