Section 4: Projections in New Net Revenue

Project any new net tuition revenue that would result if your institution is granted the requested increases in total academic costs. Utilize the projected revenue here to apply to institutional priorities discussed below.

The various traditional and guaranteed plans, without differential tuition in the Colleges of Business and Engineering, will provide the university with $2.7 million in new revenue in FY 2019 and $5.5 million in FY 2020. The majority of this revenue will be generated from resident undergraduate students. The total revenue increase results in a higher percentage increase shown in total academic costs for FY 2019.  In FY 2019, the majority of the net new revenue will be earned in the tuition and mandatory fee increases. In FY 2020, the majority of the net new revenue will be earned in tuition increases.

Projected New Net Tuition and Fee Revenue for FY 2019 (Year 1)
Baseline TOTAL Net Revenue from FY2017 Total Academic Cost Tuition Proposal Projected New Net Revenue for FY 2019 Enrollment
Actual Revenue Estimated Revenue Year 1 Percent Increase Year 1 Student FTE Actual AY16-17 Percent Distribution
Resident Undergraduate $192,185,916 $1,793,963 0.9% 20,164 86%
Non-Resident Undergraduate $10,343,001 $323,155 3.1% 469 2%
Resident Graduate $28,065,748 $501.794 1.8% 2,736 12%
Non-Resident Graduate $3,032,521 $68,873 2.3% 99 0.4%
TOTAL $233,627,186 $2,687,785 1.2% 23,468 100%

 

Tuition Proposal Projected New Net Revenue for FY 2020 (Year 2) Enrollment
Estimated Revenue Year 2 Percent Increase Year 2 Student FTE Actual AY16-17 Percent Distribution
Resident Undergraduate $4,582,683 2.4% 20,164 86%
Non-Resident Undergraduate $252,622 2.4% 469 2%
Resident Graduate $588,750 2.1% 2,736 12%
Non-Resident Graduate $79,661 2.6% 99 0.4%
TOTAL $5,503,716 2.3% 23,468 100%