2. Impact of Board approved rate and fee increases (as of 02/28/11):  Textbook rental fee increase from $7.00 to $10.00$ 205K  Distance Education fee increase from $35.00 to $50.00$ 281K  Out-of-state tuition rate increase from $286.00 to $297.20  Distance tuition rate charged based on student’s residency$1.22M Impact of 5.2% reduction in State Appropriations:  As of 02/28/11($ 862K)  Projected to 06/30/11($1.29M)

3. InstitutionIn-State RateTotal @ 15 hrRequired FeePer SemesterPer YearO/S Rate U of M System245.603,684.00Varies 8,567.86Varies Truman253.003,795.00309.003,346.006,692.00478.00 Central200.553,008.25371.253,379.506,759.00401.10 Missouri State191.002,865.00348.003,213.006,426.00372.00 Lincoln189.502,842.50245.003,087.506,175.00363.83 Southeast184.892,772.00355.503,127.506,257.70349.48 Western171.932,578.95284.202,863.155,726.30320.15 Harris-Stowe164.002,460.00200.002,660.005,320.00323.08 Northwest163.422,451.301,162.503,613.807,227.60335.78 MSSU148.532,227.95263.002,490.954,981.90297.20

4. Institution FY2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 U of M System$194.80$209.20$216.50$227.30$235.90$245.60 Truman State$191.50$180.33$191.33$248.50$258.75$253.00 Central$149.00$166.00$171.00$180.50$187.35$195.30 Missouri State$138.00$154.00$164.00$173.00$179.00$186.00 Lincoln$129.80 $147.08$154.43$183.50$189.50 Southeast$141.80$151.80$158.80$167.80$176.80$184.89$184.80 Western$146.00 $155.00$160.00$166.40 Harris-Stowe$130.00$136.50 $152.00$158.00$164.00 Northwest$150.50$165.50$172.50$194.50$148.60$157.39 MSSU$127.00 $125.00$130.00$135.00$143.00 History of Per Credit Hour In-State Tuition Rates Charged to Students

5. Tuition IncreaseAppropriationCashFY2012FY2013FY2014FY2015FY2016 6.05% / $8.657%Beginning Cash11,000,0008,680,7697,224,4205,516,2733,553,495 1,110,581(1,647,585)Net Cash I / (D)(2,319,231)(1,456,349)(1,708,147)(1,962,778)(2,220,302) Ending Cash8,680,7697,224,4205,516,2733,553,4951,333,193 9.79% / $14.007%Beginning Cash11,000,0009,343,2278,568,9537,563,0856,323,396 1,773,039(1,647,585)Net Cash I / (D)(1,656,773)(774,274)(1,005,868)(1,239,689)(1,475,778) Ending Cash9,343,2278,568,9537,563,0856,323,3964,847,618 11.89% / $17.007%Beginning Cash11,000,0009,715,1349,323,7798,712,1727,878,428 2,144,946(1,647,585)Net Cash I / (D)(1,284,866)(391,355)(611,607)(833,744)(1,057,800) Ending Cash9,715,1349,323,7798,712,1727,878,4286,820,628 13.99% / $20.007%Beginning Cash11,000,00010,087,04110,078,6059,861,2609,433,460 2,516,853(1,647,585)Net Cash I / (D)(912,959)(8,436)(217,345)(427,800)(639,822) Ending Cash10,087,04110,078,6059,861,2609,433,4608,793,638 14.69% / $27.007%Beginning Cash11,000,00010,210,86110,329,91110,243,8289,951,181 2,640,673(1,647,585)Net Cash I / (D)(789,139)119,050(86,083)(292,647)(500,664) Ending Cash10,210,86110,329,91110,243,8289,951,1819,450,517 19.58% / $28.007%Beginning Cash11,000,00011,077,15312,088,14612,920,42813,573,358 3,506,965(1,647,585)Net Cash I / (D)77,1531,010,993832,282652,930472,944 Ending Cash11,077,15312,088,14612,920,42813,573,35814,046,302 Financial Projections

6.  A slight increase (3%) in tuition revenue annually from FY2013 – FY2016 due to a combination of increase in enrollment and/or increase in tuition rate.  A small increase in utility cost in FY2014 – FY2016. Actual has been less than budget and we do not anticipate a budgetary increase until those years.  The projection includes funding for deferred maintenance.  Cash balances exclude the $5 million short-term investment.  Current FY2011 Appropriations – Gross $24,264,876 Less Governor 3% Reserve ($727,946) = Net $23,536,930  Current tuition charged to studentI/S $143.00 O/S $297.20 6.05% Increase = $ 8.65 I/S $151.65 O/S $303.30 9.79% Increase = $14.00I/S $157.00 O/S $314.00 11.89% Increase = $17.00I/S $160.00 O/S $320.00 13.99% Increase = $20.00I/S $163.00 O/S $326.00 14.69% Increase = $27.00I/S $164.00 O/S $328.00 19.58% Increase = $28.00I/S $171.00 O/S $342.00 (Calculations based on the above rates.)