Campus Based Tuition Info Session

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Campus Based Tuition Info Session

• Executive Branch of Student Government
• Out of State Students Association
• January 14, 2004

Summary of Information Provided by the Office of
the Provost
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BOT Tuition Rate Philosophy

• Undergraduate tuition for North Carolina
  residents must remain affordable to ensure
  accessibility. We will retain our position in the
  lowest quartile of our national public peers for
  in-state tuition.
• Out of State tuition will be value and market
  driven. We will increase out of state tuition
  over time to the 75th percentile of our national
  public peers.

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Tuition Increase Uses

• Need-based Student Aid
• Carolina Covenant
• Merit/Talent Based Student Aid
• Chancellors Scholars
• Morehead, Robertson, Other Academic
• Additional Merit-based scholarships
• Athletic scholarships
• Graduate Tuition Remissions
• Salary Support for Teaching Assistants
• Faculty Salaries
• New Faculty Positions (Reduce Student Faculty
  Ratio)
• Staff Salaries

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Cost SubsidyUndergraduate Education FY 2003-2004

• Non Resident Resident
• 15,626 15,626
• (15,920) ( 4,072)
• ( 294) 11,554

The States subsidy to resident students is
11,554. Non-resident students pay the full cost
of education plus 294.
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In State Tuition Fees Comparison
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Out of State Tuition Fees Comparison
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Tuition Increase Scenarios
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Resident Tuition Increase(Includes all resident
students)
Non-Resident Tuition Increase(Excludes students
paying professional degree tuition in excess of
the campus-based tuition)
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Summary of Campus-Based Tuition Proposal for
FY2004-05

• Resident tuition increase 300
• Non-resident tuition increase 1,500
• Permanent budget increase 15,290,400
• Need-based aid 6,116,160
• Merit/talent-based aid 937,500
• Tuition remissions 1,980,000
• Balance 6,256,740

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Tuition Fee Increase Recommendation FY 2004-05

• Undergraduate Graduate
• Resident 300.00
• Non resident 1,500.00
• Fees 121.50

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(No Transcript)
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Tuition Outlook for a Class of 2005 Nonresident
Undergraduate
-Tuition vs. Inflation-
Inflation Estimate Based on Data from the US
Department of Labor
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Analysis

• Rebekah Burford- Student Body Vice President
• Dan Herman- President of GPSF
• Joy Diggs- President of the Out of State
  Students Association

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What you can do?

• Attend the BOT meeting next Wednesday January
  21st at 400PM. Carolina Inn- Hill Ballroom
  Central
• Send the BOT members a polite email with you
  concerns and comments. You can find their
  information on the University website
• http//www.unc.edu/depts/trustees/member.htm
  l
• Email Jim Phillips of the BOG at
  jphillips_at_brookspierce.com
• Email the Chancellor at chancellor_at_unc.edu
• Call the Financial Aid office and talk about the
  new grants and aid youd need to stay enrolled
  (Vince Amoroso- vca_at_unc.edu)