Full Cost of Attendance

[TheMacHouse]

Re: Full Cost of Attendance

The article isn't without merrit. There's a lot of students that get nothing for their $166 subsidy to athletics. But there's plenty of other fees in that category as well (health fee, health facility fee, recreation fee).

When discussing the 3 state schools it was bad journalism to not point out that UNI students get into athletic events free and that the fee covers more than just athletics.

Actually where did they get $166? This show's it's $50. This money goes to more than just athletics as well.

http://www.uni.edu/tuition/2015-2016-tuition-and-mandatory-fees-non-supplemental

And UNI's reliance on general funds for athletics are not because of facilities or high paid coaching contracts. It's because of Women's sports.

This link shows what each fee goes towards and it looks like the student services fee is for the athletic pass but also includes other stuff and is 109.50.

http://www.uni.edu/ciep/about/fees/university_fees

[ubuntuCAT]

Re: Full Cost of Attendance

This link shows what each fee goes towards and it looks like the student services fee is for the athletic pass but also includes other stuff and is 109.50.
http://www.uni.edu/ciep/about/fees/university_fees

ah I mixed up student services and student activities.

Nevertheless that's still less than the article said plus it made no mention what portion of that money goes to athletics.

[GonzoCat]

Re: Full Cost of Attendance

ah I mixed up student services and student activities.

Nevertheless that's still less than the article said plus it made no mention what portion of that money goes to athletics.

Those are per semester and the article is per year $166. So of the $219 per year Student Services fee someone allocating $166 to athletics, or the register just made the number up, either possibility is equally likely.

[GonzoCat]

Re: Full Cost of Attendance

We don't fill student sections now when they don't have to pay extra to get in. Forcing them to buy separately, we might as well only reserve the first few rows.

Not if you put it on their semester bill and label it optional season tickets instead of student services fee. Then the parents who are most likely paying those bills (not in all cases I understand) will probably pay it and the students will still think it is "free".

Either way how many students or parents are going to look at a semester bill of $7500 for tuition and room/board and balk at the $60 football season ticket charge? They would probably be surprised at how cheap it is. Right now they are paying $600 in total mandatory fees and they probably think most of that is for athletic tickets.

[GonzoCat]

Re: Full Cost of Attendance

I'm more interested in this from the article:

"About half of UNI’s athletic budget was subsidized through government aid, student fees or assistance from the university’s general fund, a total of $8.46 million."

The student fees is $1.75 million, so the balance is $6.75 million. I thought we had brought general fund money down to about $4 million from $7 million or so 5 years ago. What is the government aid subsidy they are talking about?

[ubuntuCAT]

Re: Full Cost of Attendance

Those are per semester and the article is per year $166. So of the $219 per year Student Services fee someone allocating $166 to athletics, or the register just made the number up, either possibility is equally likely.

duh! should have known those were per semester fees. I suppose the register is probably close on their numbers.

[Panther100]

Re: Full Cost of Attendance

I'm more interested in this from the article:

"About half of UNI’s athletic budget was subsidized through government aid, student fees or assistance from the university’s general fund, a total of $8.46 million."

The student fees is $1.75 million, so the balance is $6.75 million. I thought we had brought general fund money down to about $4 million from $7 million or so 5 years ago. What is the government aid subsidy they are talking about?

The restricted current funds are used by colleges to account for resources to be spent for current operating purposes. External restrictions have been placed on the use of the money. The universities can use funds from resources such as State appropriations, Federal grants and contracts, State grants and contracts, Local grants and contracts, private gifts, grants and contracts, and Endowment Income.

[Panther100]

Re: Full Cost of Attendance

The unrestricted current funds accounts for all currently expendable resources that are used by the institution such as education and research. The revenue to be recognized in the unrestricted fund are student fees, unrestricted grants and gifts, and revenue generated by the school's cafeteria and bookstore. This expenditures would cover professors' salary, student services, general maintenance, library acquisitions, or other similar costs.

[Panther100]

Re: Full Cost of Attendance

I think it's more complex how revenue is generated and expended than the article leads the reader to believe. The article was not written by a university controller. However, I thought some of the article is true.

[ronfitch]

Re: Full Cost of Attendance

I'm more interested in this from the article:

"About half of UNI’s athletic budget was subsidized through government aid, student fees or assistance from the university’s general fund, a total of $8.46 million."

The student fees is $1.75 million, so the balance is $6.75 million. I thought we had brought general fund money down to about $4 million from $7 million or so 5 years ago. What is the government aid subsidy they are talking about?

For 2014, per the NCAA financial reporting system info, the budget was $16.996mm with 49.9% coming from subsidies:

$1.75ish mm Student Fees
$4.37ish mm Direct Institutional Support
$2.34ish mm Indirect Institutional Support
$0 Direct State Support

Source:

http://chronicle.s3.amazonaws.com/DI/ncaa_subsidies/university-of-northern-iowa-fy2014.pdf

[wretched]

Re: Full Cost of Attendance

I saw via my twitter feed Tolo Ogunrinde from Park (MN) will be announcing his decision on which school he will attend on Friday. The 3 finalists are USD, SDSU and UNI, interesting to see if he goes with the university offering the COA. Assuming he has a full scholly to each school since he was offered pretty early in the process. I know it is dangerous to assume if he chooses USD it was because of FCOA but I think it is something to keep an eye on. How many recruiting battles UNI loses to schools offering FCOA.

[Panther100]

Re: Full Cost of Attendance

I saw via my twitter feed Tolo Ogunrinde from Park (MN) will be announcing his decision on which school he will attend on Friday. The 3 finalists are USD, SDSU and UNI, interesting to see if he goes with the university offering the COA. Assuming he has a full scholly to each school since he was offered pretty early in the process. I know it is dangerous to assume if he chooses USD it was because of FCOA but I think it is something to keep an eye on. How many recruiting battles UNI loses to schools offering FCOA.

Agreed, this is part of why Northern Iowa needs FCOA in football. Can we absorb the costs of FCOA in football plus all women sports?

[Gboom23]

Re: Full Cost of Attendance

Agreed, this is part of why Northern Iowa needs FCOA in football. Can we absorb the costs of FCOA in football plus all women sports?

Only if you start donating your millions of dollars you claim to have sitting around.

[Panther100]

Re: Full Cost of Attendance

Only if you start donating your millions of dollars you claim to have sitting around.

I'm a donor and like the tax deduction as well.

[wretched]

Re: Full Cost of Attendance

I saw via my twitter feed Tolo Ogunrinde from Park (MN) will be announcing his decision on which school he will attend on Friday. The 3 finalists are USD, SDSU and UNI, interesting to see if he goes with the university offering the COA. Assuming he has a full scholly to each school since he was offered pretty early in the process. I know it is dangerous to assume if he chooses USD it was because of FCOA but I think it is something to keep an eye on. How many recruiting battles UNI loses to schools offering FCOA.

Chulk one up for the good guys, Tolo gave his verbal commit to become a Panther today