1. Approval and Adoption of Final Tuition Recommendations for the 2018-2019 Academic Year
David Jewell and Kyle Moore
Financial Affairs and Enrollment Management
Presentation to the Board of Trustees - March 2018

2. Summary - comparison of study results
Huron analysis
Topic
Internal analysis
Colorado, Nebraska
Scope
All out-of-state students
Full-time
Type of student
Full-time, part-time, and distance
302
Sample size
3,175
80%
Students receiving tuition discounts
44%
$9,170
Average net tuition revenue
$9,800

3. Additional background – projected revenue losses
Annual Tuition
30 Credit Hours)
$15,480
$12,500
$11,500
$10,500
$9,500
Cost Per Credit Hour
$516
$416
$383
$350
$316
Moving to a non-resident tuition of $316/credit hour ($9,500/year for 30 credit hours) for Fall 2018 would result in an estimated revenue loss of $5M-$6M for FY19 in addition to continuing to dedicate $3.5M-$4.0M of the block grant to maintaining the discount/waiver for existing full-time, non- resident undergraduate students who are currently paying an Average NTR less than $9,500.

4. Additional background – tuition by type of student
Type of Non-Resident Undergraduate Student
Average Population Size
Average NTR (Tuition Only)
Average Per Credit Hour
Full-Time Receiving Discount
1,319
$8,141
Full-Time No-Discount
1,307
$14,482
Part-Time No-Discount
248
$5,793
$452
Summer No-Discount
885
$2,320
$468

5. Additional background – Comparisons from target states
Institution
Resident Tuition
@ 30 Credit Hours
Resident Tuition & Mandatory Fees
$9,1511
$11,519*
$11,502
$14,386
$13,598
$12,528
$11,284
$1,348 (fees only)
UW values represent mandatory fees only
*Includes discount/stipend of $77/credit hour from the Colorado College Opportunity Fund (COF) for eligible Colorado residents

6. Additional background – current and suggested tuition
Current Tuition
Administration Recommendation
BOT Tuition Policy of 4% Increase
AY (FY2018) AY
(FY2019)
(Per Credit Hour)
Undergraduate Resident Tuition
$129
$134
Undergraduate Non-Resident Tuition
$516
$537
Graduate Resident Tuition
$251
$261
Graduate Non-Resident Tuition
$750
$780

7. Additional background – resource allocation
Model for revenue generated by a 4% tuition increase
Item
Amount
Compensation
~$1,000,000
Academic Unit Support Budgets
~$500,000
University Libraries
~$250,000
Information Technology
TOTAL
~$2,000,000
Compensation figure includes faculty promotion and tenure raises

8. Administration’s draft recommendations
No increase to non-resident undergraduate tuition rate
No increase to resident undergraduate tuition rate
No increase to non-resident or resident graduate tuition rates
Institute policy limiting the number of distance/on-line classes and/or credit hours
Reduce the undergraduate, graduate and certificate non-resident online/distance tuition rates
Continue analysis and discussion of reduced non-resident undergraduate tuition
Pause for questions or end of slideshow

9. Administration’s proposed timeline
May 2018
Administration to share findings of its in-depth analysis (including detailed financial modeling and supporting calculations)
July 2018
Administration addresses and shares any follow-up analyses requested by the BOT at the May 2018 meeting and presents its tuition pricing recommendations for the AY (FY2020)
August/ September 2018
Administration requests BOT approval of proposed AY tuition rates

10. Questions?