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Truth in TuitionMarch 8, 2021
Truth in TuitionProposed 2021 Tuition and Fees1.8% overall increase in combined tuition and fees or( 75.22 per semester for full-time in-state undergraduate)* Required byUSHE PolicyR511 2.5% 105.22/per semester Mandatory student fees - 29.50For a full-time resident undergraduate For a full-time resident undergraduatestudent (15 credit hours)student (15 credit hours) 105.22 4,208.96 4,314.18 623.74 - 29.50 594.24
DetailsRequired byUtah Code53B-7-101.5and HB 286 Tuition will increase no more than 2.5% Total tuition revenues for the current academic year are 245M Student fees will decrease by 29.50 per semester, or by 4.73% Overall increase for tuition and fees will be no more than 1.8% or 75.22 per semesterFinal tuition and student fee recommendations will be made at theUniversity of Utah Board of Trustees meeting held during the week ofMarch 8, 2021Approval of requests will be made by the Utah Board of HigherEducation during its meeting on March 25th-26th, 2021
Truth in TuitionUniversity Financial Context (COVID-19) 2.5% funding cut from state funded appropriations (July 2020)Hiring and salary freezesPurchasing and travel restrictions2020 salary increases eliminatedBy July 2021, faculty/staff will have had no raises for two yearsAdditional COVID-19 related costs and reduced revenue
Truth in TuitionAdditional University Resources for Students FY20-21 150 in mandatory student fees and 60 UOnline class fees waived Tuition increase deferred for summer 2020 and fall 2020 semesters 9M in CARES Act funding disbursed to Pell eligible students whocompleted FASFA (similar disbursement planned this year) COVID-19 testing and safety deployments Laptop and cellular hotspot loaner program Emergency fund established for student essential needs Expansion of Wi-Fi hotspots across campus
Proposed Uses of Tuition and Fee Increases2021 tuition increases will support To provide the university’s portion of the legislatively appropriated faculty and staff salary increasesTo address faculty/staff salaries in support of continued student success
33,40024,850Current enrollment (2020-21)24,643 undergraduate8,404 graduate33,047 grand total Largest freshmen class ever Most diverse class ever Students of color increased 13%33,047 24,643EnrollmentRequired byUtah Code53B-7-101.5and HB 286 Projected Growth 1.0%2020-218,55024,850 undergraduate8,550 graduate33,400 grand total8,404 Projected 2021-22 enrollment2021-22
s 29.50
The Valueof aUniversityof UtahDegreeLowest tuition and feesamong our peer groupof public PAC-12 andBIG10 Schools
The Value ofa Universityof UtahDegreeThe University of Utahhas the highestgraduation rate andthe highest averagesalary after graduationamong the state’s 4year publicuniversities.
Four, Six & Eight - Year Graduation RatesValue8 YR6 YR4 YRGraduation rates atthe University of Utahare steadily climbing
STEM DEGREES AWARDEDUniversity of Utah All Other USHE ,3101,933The Valueof aUniversityof UtahDegreeThe University of Utahawards the most STEMdegrees to meet stateworkforce demands.
Financial AidFinancialSupport toObtain yourDegree2019-2020Total Financial Aid 289,397,1172019-2020Total Scholarships 100,772,3822019-2020Total FAFSA Completion32,454Additional Financial Support 9M to Pell eligible students who completed FASFA Reduced mandatory student fees by 150 per semester 1.2M Emergency Fund for essential student needs
StudentSuccessDeeply EngagedLearning TransformsStudent Lives
Student Services and Support Academic resources Health and wellness Diversity, belonging, and inclusion Engagement, activities and leadership Campus safety Financial and basic needs Technology, transportation, facilities
Thank YouMarch 8, 2021
Total tuition revenues for the current academic year are 245M . Truth in Tuition FY20-21 150 in mandatory student fees and 60 UOnline class fees waived Tuition increase deferred for
