Louis isiana Higher Educati tion #ElevateLouisiana Dr. Jos - - PowerPoint PPT Presentation

Louis isiana Higher Educati tion

#ElevateLouisiana

• Dr. Jos

Joseph h C. . Rallo allo Com

• mmis

issio ioner of

• f High

gher Edu ducati tion Mar arch 22, , 2018

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#ElevateLouisiana

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Based on Preliminary Enrollment Data for Fall 2017; LCTCS enrollment based on final Fall 2016 enrollment Source: Statewide Student Profile System - Data submitted by institutions

210,613 223,815 228,872 228,930 224,887 221,110 219,016 215,170 211,248 212,013 200,000 205,000 210,000 215,000 220,000 225,000 230,000 235,000 Fall 2008 Fall 2009 Fall 2010 Fall 2011 Fall 2012 Fall 2013 Fall 2014 Fall 2015 Fall 2016 Fall 2017

Stu tudent Hea eadcount Hist istory

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Note: Rankings includes La. TOPS program data

Louisiana Rank: 49th Louisiana Rank: 50th

Louisiana: 30.9%

Louisiana Ran Ranks 48 48th

th Nat

ationally in Educational Attainment

Per ercent of Adu dults 25-64 With Associate’s Degree or Higher

Excludes Illinois NOTES: 1. Dollars adjusted by 2016 HECA, Cost of Living Adjustment, and Enrollment Index.

• 2. Total Educational Revenue is the sum of educational appropriations and net tuition, excluding net

tuition used for capital debt service. SOURCE: State Higher Education Executive Officers Excludes Illinois NOTES: 1. Dollars adjusted by 2016 HECA, Cost of Living Adjustment, and Enrollment Index.

• 2. Educational appropriations measures state and local support available for public higher education operation expenses and excludes

appropriations for independent institutions, financial aid for students attending independent institutions, and research. SOURCE: State Higher Education Executive Officers

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Source: SREB 2017 Fact Book

*Average of costs calculated by LOSFA, based on tuition and fees, room and board, books and supplies, transportation and miscellaneous personal expenses.

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Higher Education is the on

• nly state

entity where annual increases in mandated costs are not funded in the Executive Budget.

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System Percentage of Funding Returned to the State for Mandated Costs LCTC System 60.42% LSU System 71.65% Southern University System 74.56% University of Louisiana System 97.51% For FY 17-18, six institutions give back more to the State for mandated costs than they receive in State appropriated funds.

*State support number includes LCTCS pass through and rapid response funds

Source: Board of Regents

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Remaining state support for higher education

State Support $831,689,005 Mandated Costs - $621,769,710 $209,919,295

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Fiscal Year Total State Funds Mandated Costs Dollars Available for Operations

2008-2009 $1,571,583,691 $445,116,071 $1,126,467,620 2017-2018 $831,689,005 $621,769,710 $209,919,295

• $916,548,325

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• $233 M from TOPS

OPS – This red

reduction rep represents the e en entire stat ate gen eneral fu fund ap appropri riation fo for r

• TOPS. However,

, the e TOPS fu fund stat atutory dedication am amount (ap (approximatel ely $58M) ) will rem remain, , which will leav eave the e pro rogra ram fu funded at at 20%. %.

• LOSFA es

estimat ates that a a pro rojected 50,8 ,814 reci recipients will rece receive ap approximately 20% of f the e max aximum aw award am amount (i (including stipend am amounts fo for r Honors an and Perf Performance aw awards).

• $13 M from GO

GO Gr Grants ts - This rep

repre resents a a red reduction of f ap approximately hal alf f of f the an annual al allocation.

• Fu

Funding fo for r FY FY19 total als $13.4 .4 M, a a $13 M red reduction fro from FY FY 18 ($ ($26.4 .4 M) ) an and rep represents 21% of f act actual nee eed to fu fund al all el eligible GO Gra rant reci recipients ($ ($62.5 .5 M). ).

• $25.7

.7 M Base ase funding red educti tion - This red

reduction will af affec fect gen enera ral operating fu funds of f the e

• institutions. The am

amount rep represents a a 3.5% pro rorated cu cut fo for r institutions within higher r ed ed.

• This will incre

rease the e number r of f institutions that give bac ack more re to the e stat ate than what they rece receive in stat ate ap appropri riated fu funds fro from six to ei eight.

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TOPS?

Out of State School? Will my classes be offered? When will I know???

Uncertainty ? Enrollment ? ? Tuition for Operations ?

13 T H A N K Y O U F O R S U P P O R T I N G L O U I S I A N A H I G H E R E D U C AT I O N www.regents.la.gov

#E #ElevateLouisiana