Tutition Hike for CSU

[DrMike]

So, the trustees approved a 12% increase, on top of last year's 10% hike. Tuition is now about 25% higher than it was for the fall 2010 semester. I'm sure the UC's will be following suit real soon, maybe with an even higher increase. This has got to have a big, big impact on the lower-tier athletic departments, especially those offering football (Sac, Davis, Poly, San Jose). Any ideas how a X% increase in tuition translates into a Y% increase in athletic department budget? The cost of a scholarship has to increase a significant amount. I would guess it would translates into something like a 10-15% increase in cost. curious if anyone here knows more...you guys are much better educated about the inner working of the department. seems like its just gonna put the california schools at a big disadvantage in competing with the out-of-state BigSky schools.

I'm glad my kids have both graduated from college; i really feel for kids who have to pay the majority of their college costs.

 

[SactoHornetAlum]

So, the trustees approved a 12% increase, on top of last year's 10% hike. Tuition is now about 25% higher than it was for the fall 2010 semester. I'm sure the UC's will be following suit real soon, maybe with an even higher increase. This has got to have a big, big impact on the lower-tier athletic departments, especially those offering football (Sac, Davis, Poly, San Jose). Any ideas how a X% increase in tuition translates into a Y% increase in athletic department budget? The cost of a scholarship has to increase a significant amount. I would guess it would translates into something like a 10-15% increase in cost. curious if anyone here knows more...you guys are much better educated about the inner working of the department. seems like its just gonna put the california schools at a big disadvantage in competing with the out-of-state BigSky schools.

I'm glad my kids have both graduated from college; i really feel for kids who have to pay the majority of their college costs.

Our in state fees are still the lowest of any Big Sky school (CP notwithstanding) even after this hike in fees. IMO because most of our football roster is CA kids, we have more of a percentage of instate kids to keep the scholly costs down to the program.

 

[DrMike]

good point, alum....i was just thinking about the hit to program's budgets. if the cost of scholarships goes up by X%, and scholarships make up a large portion of your budget (like for football), then CA programs have to come up with either added revenue (and fast!) or cut in other areas. seems like it would make planning a challange when you find out the cost of a scholarship is going up in the upcoming semester.

 

[SactoHornetAlum]

good point, alum....i was just thinking about the hit to program's budgets. if the cost of scholarships goes up by X%, and scholarships make up a large portion of your budget (like for football), then CA programs have to come up with either added revenue (and fast!) or cut in other areas. seems like it would make planning a challange when you find out the cost of a scholarship is going up in the upcoming semester.

True. I would hope they would have some sort of padding in case there was an increase in fees. If those funds are not needed, carry them over into the next FY. Those funds can come from non state sources: ie money received from FBS games, Stinger Athetic Association, etc.

 

[SDHornet]

Did some say numbers? These estimates were pulled from the following website:

http://www.usatoday.com/sports/college/ncaa-finances.htm

These numbers are based on the 09/10 academic year. Under expenses the “athletic student aid” is $3.51M. I have to assume that this is direct scholarship costs. A 12% hike would result in $420k in additional scholarship costs.

As much as people may not like Wanless and Gonzo, they have been able to maintain fiscal support and stability for the AD thus far and I don’t expect that to change. I have to believe that Wanless and Gonzo have a plan or are prepared to tackle this issue. Having the SAA pick up the slack would add more pressure on them, but they are there the fundraising arm of the AD so that is their job. There will probably be additional fat trimming (if there is any to trim) but I think the AD will come out just fine. Also Gonzo could also pull out another athletic fee increase from his back pocket. With the approximate 30k enrollment, a fee increase wouldn’t have to be that large per student to cover additional budget increases. ($20/student @ 30k enrollment will generate $600k per semester)

My bigger AD budget concern will be the additional travel costs associated with the UND add. As stated from the above site, our current travel expenses are $1.32M. My guess is regular travel to UND will add another few hundred k to that figure…plus they will be another member to split conference revenues with.