University Resources Commission May 23, 2023 Meeting Analysis

Analysis of the University Resources Commission meeting held on May 23, 2023, includes discussions on tuition and fee analysis, budget vs. actuals, other fees, executive MBA fee, and student headcount data trends over a 3-year period.

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• University
• Commission
• Tuition
• Fees
• Analysis

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Presentation Transcript

1. University Resources Commission May 23, 2023

2. Agenda Welcome and Introductions Minutes from February 21stmeeting Tuition and Fee Increase Control of Summer Spending Legislative Update Budget Update Other Topics Next Meeting Date

3. Tuition and Fee Analysis (Budget vs Actuals) 3-Year Trend 2021 2022 2023 Category Tuition - State Tuition - Designated Athletic Fee Rec Sports Fee Student Services Fee University Service Fee (USF) Other Fees Total Budget 7,254,909.00 14,227,985.00 724,744.00 1,123,199.00 1,967,548.00 15,239,155.00 691,612.00 41,229,152.00 Actuals 7,454,795.65 14,285,128.95 655,375.76 958,158.25 1,765,822.45 15,924,491.29 1,023,283.29 42,067,055.64 Variance 199,886.65 57,143.95 (69,368.24) (165,040.75) (201,725.55) 685,336.29 331,671.29 837,903.64 Budget 7,609,978.00 14,733,809.00 1,323,520.00 1,353,011.00 1,899,066.00 17,164,551.00 796,083.00 44,880,018.00 Actuals 7,420,994.16 14,417,723.58 1,287,376.26 1,352,425.73 1,844,063.85 16,919,493.74 618,076.28 43,860,153.60 Variance (188,983.84) (316,085.42) (36,143.74) (585.27) (55,002.15) (245,057.26) (178,006.72) (1,019,864.40) Budget 7,646,712.00 15,421,591.00 1,323,519.00 1,358,903.00 1,899,067.00 17,464,478.00 802,753.00 45,917,023.00 Actuals 8,129,006.13 16,265,734.15 1,357,764.83 1,363,876.00 1,949,383.25 17,725,890.98 854,046.32 47,645,701.66 Variance 482,294.13 844,143.15 34,245.83 4,973.00 50,316.25 261,412.98 51,293.32 1,728,678.66 2021 2022 2023 Category Executive MBA Fee Budget Actuals Variance Budget Actuals Variance Budget 1,040,000.00 Actuals 1,084,218.75 Variance 44,218.75 - - - - - - 41,229,152.00 42,067,055.64 44,880,018.00 43,860,153.60 46,957,023.00 48,729,920.41 Grand Total 837,903.64 (1,019,864.40) 1,772,897.41 Other Fees include: Lab fees, Course Repeat Fees, Excess Hours, International Education Fee, Diploma Fee, Application Fees, Orientation Fee, Late Registration, Reinstatement Fee, Deferred Pay Plan Fee, & DT Reserve (Lost Revenue from HEERF Funds FY21 only)

4. Tuition and Fee Analysis (Actuals) 3-Year Trend 2021 Actuals 7,454,795.65 14,285,128.95 655,375.76 958,158.25 1,765,822.45 15,924,491.29 1,023,283.29 42,067,055.64 2022 Actuals 7,420,994.16 14,417,723.58 1,287,376.26 1,352,425.73 1,844,063.85 16,919,493.74 618,076.28 43,860,153.60 21 vs 22 Variance % 2023 Actuals 8,129,006.13 16,265,734.15 1,357,764.83 1,363,876.00 1,949,383.25 17,725,890.98 854,046.32 22 vs23 Variance % Category Tuition - State Tuition - Designated Athletic Fee Rec Sports Fee Student Services Fee University Service Fee (USF) Other Fees Total -0.45% 0.93% 96.43% 41.15% 4.43% 6.25% -39.60% 4.26% 47,645,701.66 9.54% 12.82% 5.47% 0.85% 5.71% 4.77% 38.18% 8.63% 2021 Actuals 2022 Actuals 2023 Actuals 1,084,218.75 Category Executive MBA Fee Variance % Variance % N/A - Grand Total 42,067,055.64 43,860,153.60 4.26% 48,729,920.41 11.10% Other Fees include: Lab fees, Course Repeat Fees, Excess Hours, International Education Fee, Diploma Fee, Application Fees, Orientation Fee, Late Registration, Reinstatement Fee, Deferred Pay Plan Fee, & DT Reserve (Lost Revenue from HEERF Funds FY21 only)

5. Student Headcount and Semester Credit Hour Analysis: 3-Year Trend Fall 2019 Fall 2020 Fall 2021 Fall 2022 HC 6,004 SCH 64,986 4,553 HC 6,108 SCH 64,588 4,231 HC 6,410 SCH 67,063 2,949 HC 6,608 SCH 69,463 3,648 Undergraduate Graduate 708 655 475 630 Totals 6,712 69,539 6,763 68,819 6,885 70,012 7,238 73,111 Data provided by Office of Institutional Research: 20th Class Day Texas A&M University-San Antonio Reports sent to System Office

6. Tuition and Fee Projections (FY 2024) 3-Year Trend FY24 Projection FY24 Projection FY24 Projection 1% Increase 2% Increase 8,210,296.19 8,291,586.25 16,428,391.49 16,591,048.83 1,371,342.48 1,384,920.13 1,377,514.76 1,391,153.52 1,968,877.08 1,988,370.92 17,903,149.89 18,080,408.80 862,586.78 871,127.25 48,122,158.68 48,598,615.69 2023 Actuals 8,129,006.13 16,265,734.15 1,357,764.83 1,363,876.00 1,949,383.25 17,725,890.98 854,046.32 47,645,701.66 Category Tuition - State Tuition - Designated Athletic Fee Rec Sports Fee Student Services Fee University Service Fee (USF) Other Fees Grand Total 2.5% Increase 8,332,231.28 16,672,377.50 1,391,708.95 1,397,972.90 1,998,117.83 18,169,038.25 875,397.48 48,836,844.20 Other Fees include: Lab fees, Course Repeat Fees, Excess Hours, International Education Fee, Diploma Fee, Application Fees, Orientation Fee, Late Registration, Reinstatement Fee, Deferred Pay Plan Fee