1. General Faculty Meeting
August 23, 2018

2. FY19 Budget Information

3. Historical Tuition % Change
8.0% average increase previous 15 years
1.7% average increase over the last 5 years
16.0%
15.0%
14.0%
14.0%
12.5%
12.0%
10.3%
10.0%
8.2%
8.0%
7.0%
6.5%
6.1%
7.6%
7.0%
6.0%
6.0%
5.0%
3.7%
4.0%
2.6%
4.1%
2.0%
2.3%
0.0%
0.0%
0.0% 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19

4. FY18 Tennessee Tuition and Fees Comparisons
Summary of Tuition and Mandatory Fees Compared to Peers, AY
Resident Undergrad
Annual Tuition & Fees
Peer Annual Tuition & Fees
+/- %
TN Rank
Peer Max
Peer Min
APSU
$8,225
$8,290
-0.80% 7
$10,100
$5,775
ETSU
$9,015
$7,940
13.50% 5
$10,182
MTSU
$8,948
$8,512
5.10%
$11,864
$6,193
TSU
$7,776
$8,382
-7.20% 8
$10,740
TTU
$8,873
$7,685
15.50% 4
$10,280 UM
$9,701
$10,208
-5.00%
$13,624
$6,410
UTC
$8,664
$7,402
17.00% 3
$9,891
UTK
$12,970
$10,895
19.10%
$16,076
$6,380
UTM
$8,927
$9,442
-5.50%
$15,400
$7,091
Source of date: THEC
TN Rank: Institutions between 7 and 8 are more affordable compared to their peers.
University of Memphis FY2017 recruiting peer average fee is $9,683.

5. FY19 Funding Peers In-State
University Funding Peers
Tuition and Fees
University of South Florida
6,466
Florida International University
6,558
University of Arkansas, Fayetteville
9,129
Texas Tech University
9,408
University of Memphis
9,701
Georgia State University
10,858
University of Houston - University Park
11,493
University of Louisville
11,826
University of Oklahoma Norman Campus
12,346
University of Alabama
12,380
George Mason University
12,462
University of South Carolina - Columbia
12,870
Virginia Commonwealth University
14,490

6. FY19 Funding Peers Out-of-State
University Funding Peers
Tuition and Fees
University of South Florida
17,324
Florida International University
18,956
University of Memphis
21,413
Texas Tech University
23,358
University of Arkansas, Fayetteville
25,167
University of Oklahoma Norman Campus
26,693
University of Houston - University Park
26,943
University of Louisville
27,450
Georgia State University
29,432
University of Alabama
30,830
University of South Carolina - Columbia
33,552
Virginia Commonwealth University
35,798
George Mason University
35,922

7. LGI’s 2018-19 UG Tuition % Increase
3.5%
3.0%
2.8%
2.9%
2.6%
0.0%
2.7%
2.7%
2.5%
2.0%
1.5%
1.0%
0.5%
0.0%
UofM
TSU
TTU
ETSU
MTSU
APSU

8. Undergraduate Maintenance & Mandatory Fees
UofM In State Rate Comparison to Tennessee Peers
FY19 Fall Spring 2019
Undergraduate Maintenance & Mandatory Fees
$14,000
13,006
$12,000
$10,000
9,512
9,701
9,103
9,206
9,277
9,406
8,471
8,664
8,008
$8,000
$6,000
$4,000
$2,000 $0
TSU APSU
TSU - Tennessee State University APSU - Austin Peay State University
UTC - University of Tennessee-Chattanooga TTU - Tennessee Tech University
UTC
TTU MTSU ETSU
MTSU - Middle Tennessee State University ETSU - East Tennessee State University Peer Avg - Peer Average
UTM - University of Tennessee-Martin
Peer Avg UTM UofM
UTK
UofM - University of Memphis
UTK - University of Tennessee-Knoxville
Source of data: August 2018 from universities’ websites

9. Total Unrestricted and Restricted Revenues
FY2018 – 2019 July Budget
Total Unrestricted and Restricted Revenues
Total Unrestricted and Restricted Revenues
Tuition and Fees
$ 201.4
State Appropriations
119.6
Grants and Contracts
131.9
Sales & Services / Other
36.7
Auxiliaries
26.5
Total Revenue $
State Appropriations 23%
Tuition and Fees 39%
Grants and Contracts 26%
Sales & Services / Other 7%
Auxiliaries 5%

10. Budget Comparison to other Locally Governed Institutions (LGI’s)
UofM
MTSU
ETSU
TTU
TSU
APSU
Fiscal Year

11. Fundraising Total Raised Past 5 Years: $157.1M
2014
2015
2016
2017
2018
Total Academic
$ 11,369,689
$ 21,080,174
$ 20,144,948
$ 14,380,529
$ 23,145,636
Total Athletics
$ 18,721,650
$ 15,090,660
$ 17,794,437
$ 7,660,047
$ 7,681,055
Total
$ 30,091,338
$ 36,170,834
$ 37,939,385
$ 22,040,576
$ 30,826,692
Past 5 Year Average per Year: $31.4M

12. Net Management Fee for Endowment Funds
FY2018
FY2017
FY2016
Total Fee Net
$876,237
$1,744,464
$1,913,067

13. Major Current Funded Projects

14. Alumni Mall Amphitheatre
Before
After

15. Land Bridge
Parking Garage
and
Southern Avenue
Before
After

16. Bonds: Land Bridge, Parking Garage
Before
After

17. Student Wellness & Fitness Center
Programmed for Health Studies and general recreation
• $30,000,000
• 74,000 S.F.
Pool, courts, artificial turf
Programmed for use with improved existing center
Opens in 2020

18. Student Wellness & Fitness Center

19. Athletics: Football Training Center $10m Gifts: Phase I

20. Athletics: Football Training Center $10 m Gifts: Phase II

21. Grant: Patterson Avenue Realignment – 2.2m City Partnership
Before
After

22. Scheidt Family Music Center $40 million
Site Plan

23. Scheidt Family Music Center $40 million
Lobby
Support Space
Rehearsal Space
Main Hall

24. Advanced Manufacturing Research Lab $2,100,000 $250,000 $500,000
$185,000
Memorial Track resurfacing
Ventures Call Center
Getwell Entry Gate
ADVANCED MANUFACTURING RESEARCH LAB
MEMORIAL TRACK RESURFACING
VENTURES CALL CENTER
GETWELL ENTRY GATE

25. Future Projects

26. Natatorium •13.5 million State and Gifts Expanded Pool
HVAC Replacement
Pool Equipment Replacement
Lighting
Seating Increase

27. Wilder Tower: 12th Floor
Student Recruitment Center $650,000

28. Capital Maintenance
Lambuth Sprague Hall $6,000,000

29. STEM Research and Classroom Building
Outlay: $40,000,000
• 60,000 SF New
17,000 SF Renovated
Relocate research to new space to allow
existing to be utilized for enrollment
STEM emphasis
increased

30. Park Avenue Housing
400 Beds
Public / Private

31. FedEx – UofM Global Partnership
Created UofM Global with anticipation of significant growth
Initial response remarkably positive
11,000 employees immediately eligible
Expanding to Indianapolis and Oakland hubs in the next few months
Don’t be surprised if UofM is the largest university in TN in 24 months

32. Financial constraints Anxiety about returning to school
 FedEx identified three challenges their employees face
Financial constraints
Anxiety about returning to school
Lack of high school diploma or college acceptance
 UofM Global provided strategies to overcome obstacle
Direct, deferred billing to FedEx
LiFE Prep Academy
An all-star team of advisors, tutor & academic coaches

33.  Online Degree Program for FedEx Memphis Hub employees
 LiFE Prep Academy: Jumpstart for students returning to school or taking courses online for the first time
 LiFE Journey: Students will earn Bachelor of Professional Studies in Organizational Leadership

34. UMRF Ventures Inc.
Biggest obstacle to graduation – funding. Ventures was established to help students find financial stability, provide professionalization and empower them to complete college. Students make $15 - $25 per hour, positioning the UofM to recruit and retain top student/graduate talent.
Level 1 IT Help Desk at UofM Main Campus –
Launched September 2017; employs 45 agents
Level 1 IT Help Desk at Lambuth – Launched May 2018; employs 33 agents
FedEx IT Command Center – Systems Analytics at UofM Main Campus – Launched June 2018; employs 45 graduate students from STEM disciplines and provides support for WTC Command Center

35. Achieving Carnegie I Status
Consolidation of Research and Innovation
Actively studying efficiencies in pre/post award and grants accounting structure
Research expansion investment of $5 million over the next 5 years
FedEx Innovation investment of $2.25 million
Submitted request for $40 million STEM Building in July
Pursuing independent research expansion funding in Legislature this session
Creation of University Research Council