Results of 2014 Legislative Session & Fiscal Year 2015 Operating - - PowerPoint PPT Presentation
Results of 2014 Legislative Session & Fiscal Year 2015 Operating Budget Presented to the Finance and Facilities Committee Board of Trustees May 21, 2014 Minnesota State Colleges and Universities The Minnesota State Colleges and
The Minnesota State Colleges and Universities system is an Equal Opportunity employer and educator.
Presented to the Finance and Facilities Committee Board of Trustees May 21, 2014
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$0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000
Carleton Macalaster
Gustavus
Hamline Augsburg Concordia, Moorhead Mpls Art & Design
Bethel
Northwestern Bethany Art Institutes, MN Crown Institute of Production & Recording Dunwoody Concordia, St. Paul North Central MN School of Business Globe Argosy, Twin Cities Duluth Business Oak Hills Crossroads Capella Mpls Business College Walden U of M Twin Cities Rasmussen College U of M Rochester U of M Duluth U of M Morris Martin Luther NW Health Sciences U of M Crookston Southwest MN State MSU Moorhead Winona State Bemidji State MSU, Mankato
Metropolitan State Anoka Technical Normandale CC Dakota County TC MN State -SE Technical MN West C&TC Rochester C&TC Northland C&TC Riverland CC Northwest Technical North Hennepin CC Central Lakes College Ridgewater College Alexandria T&CC South Central College Century College MN State C&TC Rainy River CC Vermillion CC Hibbing CC Itasca CC
Mesabi Range CC Inver Hills CC Fond du Lac Tribal&CC Saint Paul College Hennepin Technical Lake Superior College Pine Technical Anoka-Ramsey CC
Most Expensive Least Expensive
Minnesota State Colleges and Universities Private colleges and universities; University of Minnesota
College/University 2013-14 Tuition and Required Fees
Source: Chronicle of Higher Education, October 23, 2013
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10.9% 11.2% 11.6% 12.8% 13.6% 14.3% 14.4% 15.0% 28.9% 29.1% 33.2% 34.4% 35.5% 35.0% 36.9% 5.8% 5.9% 5.7% 5.7% 5.6% 5.4% 5.1% 4.9% 5.1% 4.9% 8.0% 8.1% 7.7% 7.7% 7.5% 7.3% 6.8% 6.7% 6.4% 6.4% 14.8% 10.7% 37.0% 28.0% 27.7%
0% 10% 20% 30% 40% 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Tuition & Fees as % of M
State Colleges State Universities University of Minnesota Private Colleges and Universities
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Source: System Office Research – Academic and Student Affairs
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SCENARIO YEAR 1 YEAR 2 YEAR 3 YEAR 4 TOTAL A PSEO / Concurrent enrollment PSEO / Concurrent enrollment MnSCU university MnSCU university $ 14,688 B PSEO / Concurrent enrollment MnSCU college MnSCU university MnSCU university $ 20,048 C MnSCU college MnSCU college MnSCU university MnSCU university $ 25,408 D MnSCU university MnSCU university MnSCU university MnSCU university $ 29,376 E MnSCU college MnSCU college University of Minnesota University of Minnesota $ 37,328 F University of Minnesota University of Minnesota University of Minnesota University of Minnesota $ 53,216 G MnSCU college MnSCU college Private college
Private college
$ 79,788 H Private college
Private college
Private college
Private college
$ 138,136
*Average tuition and fees
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$4,766 $4,368 $3,924 $3,715 $3,994 $3,847 $3,980 $3,863 $3,261 $3,070 $2,787 $2,813 $3,079 $3,245
$0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014* FY2015*
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132,586 135,494 135,839 143,924 157,903 153,447 144,609 142,358 110,000 120,000 130,000 140,000 150,000 160,000 170,000 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 est 2015 est FYE Fiscal Year
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