2005 06 Student Tuition Fees The University of

2005 -06 Student Tuition & Fees

The University of Kentucky: § Is one of only seven universities in the US with schools of Agriculture, Engineering, Medicine, and Pharmacy on a single campus. § Has an enrollment of 26, 545 undergraduate, and professional students and 10, 900 faculty and staff, making UK Kentucky’s 6 th largest “city”. § Has an annual budget of over $1. 4 billion dollars, making UK Kentucky’s 9 th largest business. § Has 814 acres, 345 buildings (including 19 residence halls, a 250 -unit apartment complex, and 16 dining halls), a hospital, a health center, radio station, police force, bus service, and 14 libraries.

Achievements over the last three years: § Enrollment has increased by 1, 754 students (7. 1%) § The first-year student class increased by 924 students (30%) § The number of Governor’s Scholars and Governor’s School for the Arts students has more than doubled to 303 students. § Our six-year graduation rate increased by over 2% to 59. 5%, the highest of all public universities in Kentucky. § Total number of degrees awarded annually increased by 359 to 5, 247 (7. 3%) § UK researchers brought in a record $238. 3 million of outside funding for grants and contracts, an increase of 37%. § Market value of endowments increased by more than $70 million (16. 7%)

State General Funds and Enrollment Three Year percent change FY 2001 -02 FY 2004 -05 State Appropriations $313, 616, 900 $286, 805, 900 -$26, 811, 000 -8. 54% Enrollment (Full-time equivalent) 20, 929 22, 649 1, 720 8. 22% $14, 985 $12, 663 -$2, 322 -15. 50% $3, 734 $5, 165 $1, 431 38. 32% State Funding per FTE Annual Tuition and Fees (Full-Time, Undergraduate, Resident) Source: Office of Planning, Budget and Policy Analysis Dollar change over 2001 -02

2005 -06 Preliminary Financial Needs Revenue Reductions: Service assessments Endowment management fee $1, 210, 400 272, 100 $1, 482, 500 Expense Increases: Salaries $11, 326, 100 Benefits 3, 574, 600 Current Scholarship Programs 13, 561, 200 Utilities 2, 877, 100 Other (information systems, public safety, etc. ) 3, 051, 300 $34, 390, 300 Total Funds Needed Source: Office of Planning, Budget and Policy Analysis $35, 872, 800

Source: Office of Planning, Budget and Policy Analysis

2004 -05 Undergraduate Annual Resident Tuition and Fees RANK INSTITUTION TOTAL 1 Pennsylvania State University 2 University of Michigan-Ann Arbor $8, 202 3 University of Minnesota-Twin Cities $8, 029 4 University of Illinois at Urbana-Champaign $7, 966 5 Ohio State University $7, 542 6 University of Maryland-College Park $7, 410 7 University of Virginia $6, 790 8 Purdue University $6, 092 9 Texas A & M University $6, 041 10 UCLA $6, 028 11 University of Wisconsin-Madison $5, 866 12 University of Texas-Austin $5, 735 13 University of Iowa $5, 396 14 University of Washington $5, 286 15 University of Kentucky $5, 165 16 University of North Carolina-Chapel Hill $4, 450 17 North Carolina State University $4, 282 18 University of Georgia $4, 272 19 University of Arizona $4, 097 20 University of Florida $2, 955 Source: Integrated Postsecondary Education Data System $10, 856

2003 -04 ‘Best Value’ Rankings by Kiplinger University of Kentucky Rankings based upon annual cost to students, including tuition, mandatory fees, room & board, and books.

Proposed Resident Tuition and Fees Per Semester Fall 2004 Fall 2005 Increase Lower Division $2, 582. 25 $2, 958. 00 $375. 75 Upper Division $2, 657. 25 $3, 044. 00 $386. 75 $2, 826. 25 $3, 213. 00 $386. 75 Undergraduate Graduate

FY 2006 Funding Sources State Appropriations (Governor’s Recommendation): Utilities for new facilities $2, 888, 000 Restore partial cuts $2, 766, 300 Investment Income $3, 833, 000 Tuition Revenue $16, 057, 400 Internal reallocations and reserves $10, 328, 100 Total $35, 872, 800

UK Housing and Dining Rates Annual FY 2004 -05 FY 2005 -06 Increase Housing $3, 085 $3, 363 $278 Dining* $1, 650 $1, 766** $116 *Reflects a change from declining balance plan to unlimited choices plan. **Provides approximately eight meals per week, other plans available.

UK Total Annual Resident Cost Tuition, Mandatory Fees, Housing, and Dining 2004 -05 2005 -06 Increase Lower Division $ 9, 899. 50 $11, 045. 00 $1, 145. 50 Upper Division $10, 049. 50 $11, 217. 00 $1, 167. 50 $10, 387. 50 $11, 555. 00 $1, 167. 50 Undergraduate Graduate

2005 -06 Student Tuition & Fees