Mansfield University
Projecting University Revenue
Tuition
University Days Oct. 20, 2014
Sources of Revenue

Tuition = 45%
Undergraduate/Graduate
 In-State/Good Neighbor/Out-of-State


Fees = 12%
Designated Fees: Technology Fee, Health Fee, Non-Credit Fees
 Non-Designated Fees: Ed Fee, Instructional Fees, Testing Fees, Late
Fees, Transcript Fees, Application Fees, etc.

Appropriation/Performance Funding = 39%
 Other = 4%


Gifts, Salary/Benefit Recovery, Parking Decals, Facility Use,
Transcripts, Camp/Conf., Fines, etc.
Today’s Presentation
How do we project tuition revenue?
Variables
 Enrollment
 Grad.
vs UG
 Residency
In-State
 Good Neighbor
 Out-of-State

ENROLLMENT
FTE VS. HEADCOUNT

FTE = Full Time Equivalent
Undergraduate = 15 credits
 Graduate = 12 credits


Headcount = # of bodies on campus regardless of total
credits
For budget purposes FTE is what matters!
Why is it a challenge to project
tuition revenue?
When discussing enrollment on campus we often hear a %
that FTE has increased or decreased…”enrollment down
3% from last FY”
It is not that simple…a 3% decrease could mean tuition is
down ($1,063,920) or tuition is down ($2,659,800). Example
on next slide
Tuition revenue can vary significantly depending on where
FTE increases and decreases occur…let’s look at some
scenarios….
Let’s look at an example using
undergraduate enrollment
Fall 2014 Enrollment was down (5.86%) or 156 FTE
Tuition Rates Undergraduate Academic Year
Tuition Rate
FTE
Loss of Tuition
Revenue
In-State
$6,820
-156
Good Neighbor
$11,254
-156
Out-of-State
$17,050
-156
($1,063,920)
($1,755,624)
($2,659,800)
Difference between loss of In-State vs loss of Out-of-State is ($1,595,880)
Let’s look at an example
comparing undergraduate vs. graduate
Tuition Rates Undergraduate vs. Graduate
Tuition Rate
FTE
Loss of Tuition
Revenue
In-State Undergrad
In-State Graduate
$6,820
-156
$16,344
-156
($1,063,920)
($2,549,664)
Difference between loss of graduate vs loss of undergraduate is ($1,047,576)
How Do We Project FTE #’s
and why is it a challenge?

Admission Numbers




New student
Transfers
Re-admits
Registrar’s Office



Returning students registered
Returning students not registered
Eligible returning students with “restrictions”
How Do We Project FTE #’s?

Admission Numbers – New students (new, transfers, re-admits)



Applications
Admits
Deposits
Fall 2014 New Student Enrollment Data
7-18-14 vs. 7-19-13
UNDERGRADUATE & GRADUATE
COMBINED TOTALS
NEW HEADCOUNT
GOAL APPS-PASSHE
Undergaduate & Graduate Students
Fall 2014
1170
Fall 2013
1195
# Change
-25
% Change
-2.09%
2472
2536
-64
-2.52%
APPS
ADMITS
3032
3393
-361
-10.64%
2228
2348
-120
-5.11%
NEW FULL-TIME EQUIVALENCY (FTE)
DEPOSITS #REG FOR FALL
881
992
-111
-11.19%
835
877
-42
-4.79%
FALL CREDITS
FALL FTE
11131
11930
799
-6.70%
744.32
800.42
-56.10
-7.01%
Total Enrollment Projections
Fall 2014 Enrollment as of 07/21/14
compared to Fall 2013 as of 07/19/13
Resident
Good Neighbor
Non-Resident
TOTAL
PA
NY
NJ
Other
OS
2078
2073
28562
28760
1904.1
1917.3
-0.7%
354
412
4976
5896
331.7
393.1
-15.6%
50
51
723
741
48.2
49.4
-2.4%
9
8
120
116
8.0
7.7
3.4%
44
36
508
389
33.9
25.9
30.6%
15
20
204
317
13.6
21.1
-35.6%
13
14
164
202
10.9
13.5
-18.8%
2563
2614
35257
36421
2350.5
2428.1
-3.2%
102
133
430
593
35.8
49.4
-27.5%
17
26
64
141
5.3
11.8
-54.6%
2
4
18
18
1.5
1.5
0.0%
0
1
0
4
0.0
0.3
-100.0%
19
39
87
173
7.3
14.4
-49.7%
0
0
0
0
0.0
0.0
0.0%
0
2
0
9
0.0
0.8
-100.0%
140
205
599
938
49.9
78.2
-36.1%
-26
-361
-27
-67
-997
-68
-3
-18
-1
0
0
0
-12
33
1
-5
-113
-8
-3
-47
-3
-116
-1503
-106
-1.2%
-1.2%
-1.4%
-15.3%
-16.5%
-16.7%
-5.5%
-2.4%
-2.4%
0.0%
0.0%
-0.8%
-16.0%
5.9%
1.9%
-25.0%
-35.6%
-35.6%
-18.8%
-22.3%
-23.1%
-4.11%
-4.02%
-4.22%
Intl - China Intl - Other
Undergraduate Level
# Students
Fall 2014
Fall 2013
# of Term Credits Fall 2014
Fall 2013
FTE
Fall 2014
Fall 2013
Graduate Level
# Students:
Fall 2014
Fall 2013
# of Term Credits Fall 2014
Fall 2013
FTE
Fall 2014
Fall 2013
Total Undergraduate & Graduate
# Change:
# Students
# Term Credits
FTE
% Change:
# Students
# Term Credits
FTE

Institutional Research & Registrar







Returning students registered
Returning students not registered
Eligible returning students with “restrictions”
New students registered
Comparisons – registered students at given point in time
After Start of semester – reconcile class rosters
Budget Office
All data gathered from Admissions, IR, Registrar
 Compared to prior year final data
 Predict how much data may change between “now” and start of FY

…….Pull out the crystal ball!
Future Budget Presentations

Revenue 

How do we project revenue?
Funding Formula, BOG and Legislative decisions
Expenses



What are our primary expenses?
How do we project expenses?
Personnel – what do benefits cost?