University of Missouri System Board of Curators June
University of Missouri System Board of Curators June 18 -19, 2020 Finance Committee Fiscal Year 2021 Supplemental and Other Related Enrollment Fees UM OPEN – FIN – 42 - June 18, -19, 18 -19, 2020
Supplemental Course Fees § Represent a small portion of total revenue, but provide important student experiences, scholarships, and degree required but costly laboratory and equipment needs o Fees serve to align higher instructional cost with those students consuming the resources § Provide the differential pricing of certain courses and programs § Simplification of these fees will be part of the review for long term tuition and fee strategy OPEN – FIN – 4 -15 2 -15 June 18 -19, 18, -19, 2020
Supplemental Fees/Differential Tuition reflect this and are the market pricing mechanism University Iowa State Differential Course Tuition Fees X Kansas State X Oklahoma State X University of Arkansas X X University of Illinois X X University of Iowa X X University of Kansas X University of Kentucky X University of Nebraska X Common Fee Areas: • • Agriculture Business Engineering Health Sciences Journalism Nursing Sciences/Labs X University of Oklahoma X University of Tennessee X Surrounding research universities already differentiate pricing by programs and classes – and this trend will continue into the future. OPEN – FIN – 4 -16 2 -16 June 18 -19, 18, -19, 2020
Supplemental Course Fees § Supplemental fee increases are recommended for FY 2021: o Increases previously discussed with the Board to be phased in over multiple years – discussed in mailing for UMKC Nursing o Small increases in supplemental fees to fund ongoing program costs – discussed in mailing most at CPI of 2. 3% o Restructure of existing fees – at MU School of Medicine and Health Management and Informatics Graduate Level fee combination o Proposed new supplemental fees driven by program needs § UMKC Graduate Student Professional Development Support Fee § UMKC School of Medicine Simulation and Assessment Fee § MU Data Science and Analytics Graduate on-campus Fee OPEN – FIN – 4 -17 2 -17 June 18 -19, 18, -19, 2020
Online Pricing of major publics generally runs around $500 per credit hour, significantly above in-state, on-campus $1 400 1162 $1 200 981 960 $1 000 931 $800 615 576 530 557 $600 $400 370 333 356 330 $200 $0 Resident on-campus ASU Online Purdue Penn State OPEN – FIN – 4 -18 2 -18 Non-resident on-campus Mizzou June 18 -19, 18, -19, 2020
e. Learning and Special Delivery Fee o UMKC and UMSL will add Undergraduate e. Learning and Special delivery rate ranges similar to the graduate rates that already exist for each campus and similar rates these rate at MU and S&T. § The minimum range on the rate is equivalent to the resident undergraduate on-campus tuition and the maximum rate is equivalent to the non-resident undergraduate tuition. OPEN – FIN – 4 -19 2 -19 June 18 -19, 18, -19, 2020
OPEN – FIN – 4 -20 2 -20 June. May 18, -19, 15, 2019 2020
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