Affordability at State University

January 18, 2018 Our students — call Missouri home STUDENT ENROLLMENT SUMMARY – FALL 2017

Area Number Southwest Missouri (44.1%) 11,561 Other Missouri (40.2%) 10,537 Total Missouri (84.3%) 22,098

Other U.S. (9.8%) 2,577 International (5.9%) 1,541 Total Missouri State University System Enrollment 26,216 Our students — focus on career outcomes

College of Business: 5,511 students

College of Health: 4,642 students

Photo: © User:Americasroof / Wikimedia Commons / CC-BY-SA-3.0 https://commons.wikimedia.org/wiki/File:Cerner2.jpg Our students — focus on affordability Enrollment has increased

27,000 26,216

25,000

23,000

21,000 20,006

19,000

17,000

15,000 1995 2000 2005 2010 2015 MSU enrolls more Pell students than any other university in Missouri

• 73% of Pell eligible first-time, full-time Grant awards vs. tuition cost new in college students receive Pell Grant $5,920 enough from Pell grants, Access Missouri grants and other MSU Access Missouri $2,000 scholarship aid to cover full tuition Total in Grant awards $7,920 and fees (494 students). Total MSU tuition $7,306 UNDERGRADUATEIN Affordable education is our goal $10,000 $11,000 $5,000 $6,000 $7,000 $8,000 $9,000 2009

$6,276 $6,599 2010

$6,426 $7,073 - STATETUITION MSUVS. NATIONAL FEES: AND DATA 2011

$6,598 $7,629 2012

$6,792 $8,276 MSU 2013

$6,762 $8,646 National 2014

$6,908 $8,885 2015

$7,008 $9,139 2016

$7,060 $9,410 2017

$7,060 $9,650 2018

$7,306 $9,970 We are an affordable option within Missouri UNDERGRADUATE IN-STATE TUITION AND FEES Institution name 2017-18 – St. Louis $10,275 Missouri University of Science & Technology $9,831 University of Missouri – Columbia $9,787 University of Missouri – Kansas City $9,763 Northwest Missouri State University $9,572 Truman State University $7,656 University of Central Missouri $7,520 Lincoln University $7,632 Missouri State University $7,306 Southeast Missouri State University $7,185 Missouri Western State University $6,843 Harris-Stowe State University $6,090 Missouri Southern State University $6,067 2017-2018 Housing rate comparison Institution Enrollment Capacity Average Room-Style Average Suite-Style Meal Plan Rate (with meal plan) Rate (with meal plan) University of MO – Columbia 35,448 7,102 $10,637 $12,192 275 block meal per semester University of MO – KC* 16,699 1,643 $10,150 $10,150 15 meals w/$250 declining balance MO University of Science & Tech 8,889 2,089 $10,015 $11,105 225 block meal per semester Missouri Western State University * 5,300 1,336 $9,907 $9,907 15 meals w/$425 declining balance University of MO – St. Louis*† 16,763 1,277 $9,603 $9,603 200 block w/$150 declining balance Harris-Stowe State University* 1,390 428 $9,250 $9,250 18 meal plan Northwest MO State University 6,593 2,598 $9,008 $9,853 7 meals w/$150 declining balance Truman State University 6,208 2,826 $8,630 $9,050 20 meal plan w/$100 declining balance University of Central MO 14,395 3,937 $8,536 $8,536 180 meals w/$65 declining balance Missouri State (Springfield) 24,350 4,100 $8,236 $9,484 19 meal plan w/$170 declining balance Southeast Missouri State University 11,987 3,167 $7,940 $9,540 19 Meals w/$58 declining balance Lincoln University 2,944 924 $6,560 $7,360 Unlimited meal plan Missouri Southern State University 5,783 722 $6,314 $7,314 23 meals w/$50 declining balance

* Offers suite-style housing only † Single-occupancy suite-style rooms are the only options for first and second year students Affordability is a continuous process WE ARE ALWAYS FINDING WAYS TO REDUCE COSTS FOR OUR STUDENTS

• Reduction of hours to graduate from 125 to 120 hours. This is an average cost savings of $1,000 • Contain meal plan costs by renegotiating our contract with Chartwells, our food service partner • Freeze residence hall rates for fall 2018 in 1/3 of our inventory • Actively incorporating text book cost reduction strategies • Expanding scholarship opportunities by $1.5 million so that more students receive financial support for the 2018-19 school year MDHE Commends Missouri State AFFORDABILITY IS ONE OF 5 GOALS IN MDHE’S BLUEPRINT FOR HIGHER ED

• Recognized as a leader in affordability for students • Appreciation for Missouri State’s proactive stance in making higher education accessible to Missouri citizens FY2019 Budget Budget challenges

FY 17 FY 18 FY 18 $6.7 million $6.5 million $2.7 million withholding budget reduction withholding Our current operating appropriations

95,000,000

90,000,000 6,317,673 6,317,673

- 2,219,777 2,219,777

85,000,000 - -

$89,999,222 $89,999,222 $89,216,251

80,000,000 $87,321,416 $86,501,944

$86,371,614 - - -

$85,331,843

$85,314,938

$85,218,506 $83,401,060

75,000,000 $81,930,532

$80,294,626 $80,295,971 $80,295,971

$79,342,892 $79,342,892 $79,342,892

70,000,000 $77,757,193 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Appropriations per student

Institution name FY2018 Appropriations per FTE Lincoln $8,762 Harris-Stowe $7,745 Truman $7,614 UM System $7,574 Central Missouri $5,891 Northwest Missouri $5,829 Missouri Western $5,354 Southeast Missouri $5,119 Missouri Southern $4,866 Missouri State $4,337 Revenue per student Institution Name FY2018 Appropriations per FTE FY2018 Tuition and Fees Total Revenue UM System $7,574 $9,763*** $17,337 Lincoln $8,762 $7,632 $16,394 Northwest Missouri $5,829 $9,572 $15,401 Truman $7,614 $7,656 $15,270 Harris-Stowe $7,745 $6,090 $13,835 Central Missouri $5,891 $7,520 $13,411 Southeast Missouri $5,119 $7,185 $12,304 Missouri Western $5,354 $6,843 $12,197 Missouri State $4,337 $7,306 $11,643 Missouri Southern $4,866 $6,067 $10,933