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1
IPEDS Comparisons as a Component of an Institutional
Funding Model
Bruce D. Beck
University of Wisconsin-Madison
2
University of Wisconsin System includes 26 campuses:
• 2 research-extensive doctoral universities (Madison, Milwaukee)
• 11 comprehensive non-doctoral 4-year institutions
• 13 two-year institutions, and university extension
3
UW System is attempting to develop an
Institutional Funding Model• To allocate resources across institutions within the
UW System
• To document UW funding requirements for the public and state government
• The focus is on the general fund ─ the critical base budget which can be leveraged to obtain resources from additional sources
4
Draft Funding Modelis currently based on─
• Student credit hours
• Course level (undergraduate, graduate)
• Discipline area (high- vs. low-cost )
• Other universities with similar missions
• Other universities of similar size
IPEDS comparisons help define general dimensions of the model, but provide less help
with internal components
5
Funding Model For Public Research-Extensive Universities (N=97)IPEDS for 2003-04
0
100
200
300
400
500
600
700
800
900
1,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
Weighted Annual Semester Credit Hours
Gen
eral
Fu
nd
Rev
enu
es (
Mil
lio
ns
of
$)
6
General Fund Revenue
IPEDS Finance Survey for FY 2003-04 Part B Revenue and Other Additions
• Operating Revenues Tuition & fees,
after deducting discounts & allowances
• Nonoperating Revenues State appropriations Local appropriations
Part E - Scholarships and Fellowships Discounts & allowances applied to tuition & fees
7
IPEDS Finance SurveyPublic Research-Extensive Universities N=90
0
5
10
15
20
25
30
35
40
9798 9899 9900 0001 0102 0203 0304
Bil
lio
ns
.
Fiscal Year
Tuition and fees
Discounts andallowancesapplied to tuitionand fees
Tuition and fees,after deductingdiscounts andallowances
Stateappropriations
Localappropriations
Note: excludes 12 institutions with incomplete trend data
—GASB→
8
IPEDS Definitions
• Scholarships and fellowships: Outright grants-in-aid, trainee stipends, tuition and fee waivers, and prizes awarded to students by the institution, including Pell grants. Awards to undergraduate students are most commonly referred to as "scholarships" and those to graduate students as "fellowships." These awards do not require the performance of services while a student (such as teaching) or subsequently as a result of the scholarship or fellowship. The term does not include loans to students (subject to repayment), College Work-Study Program (CWS), or awards granted because of faculty or staff status. Also not included are awards to students where the selection of the student recipient is not made by the institution.
• Discounts and allowances: That part of a scholarship or fellowship that is used to pay institutional charges such as tuition and fees or room and board charges.
9
IPEDS Definitions
• Tuition & fees, after deducting discounts & allowances — Report all tuition & fees (including student activity fees) assessed against students for education purposes. Include revenues for tuition and fees net of discounts & allowances from institutional scholarships, waivers, etc. (report gross revenues minus discounts and allowances). Include here those tuition and fees that are remitted to the state as an offset to state appropriations. (Charges for room, board, and other services rendered by auxiliary enterprises are not reported here…..)
10
IPEDS Finance Survey for FY 2003-04 Public Research-Extensive Universities (N=97)
0
200
400
600
800
1000
1200
Individual Universities
Gen
eral
Rev
enu
e (m
illi
on
s o
f $)
.
Tuition & FeesDiscounts and allowances applied to tuition and feesState appropriations
11
IPEDS Finance Survey for FY 2003-04 Public Research-Extensive Universities (N=97)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Individual Universities
Per
cen
t o
f G
ener
al R
even
ue
.
Tuition & FeesDiscounts and allowances applied to tuition and feesState appropriations
12
Discounts & Allowancesas a Percentage of Gross Tuition & Fee Revenue
IPEDS Finance Survey for FY 2003-04 Public Research-Extensive Universities (N=97)
0%
5%
10%
15%
20%
25%
30%
35%
40%
Individual Universities
13
Credit Hours• IPEDS Fall Enrollment
– 12-Month Credit Activity, by Course Level:• Undergraduate• Graduate• Professional
• IPEDS Institutional Characteristics– Academic Calendar
• Association of American Medical Colleges– List of Universities with Medical Schools
14
Conversion of Academic Quarter Credits to Semester Credits, using factor of 67%
12-Month Credit Activity during 2003-04(Undergraduate and Graduate Course Levels)
0
500
1,000
1,500
2,000
2,500
12-M
on
th C
red
it A
ctiv
ity
Original Credits
Converted Credits
15
12-Month Credit Activity at the
University of Minnesota-Twin Citiesexcluding Professional Course Level
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
9798 9899 9900 0001 '0102 0203 0304Year
Th
ou
san
ds
of
Cre
dit
Ho
urs
QuarterCredits
EstimatedSemesterCreditsusing 67%factor
SemesterCredits
16
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
Public Research-Extensive Universities (N=102)
0
10
20
30
40
50
60
70
80
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
mil
lio
ns)
.
Graduate Professional Undergraduate
17
IPEDS Instructions• Credit hour activity - Include instructional activity in all
courses offered for credit that are measured in terms of credit hours, regardless of whether the student completed the course. (See the IPEDS Glossary for the definition of “credit course. ”) …. Do NOT include credit courses that are audited by students, or credit courses of students studying abroad. ….
• Level of course - The level of each course (undergraduate or graduate) should be the level of the course as designated by the institution. DO NOT INCLUDE FIRST-PROFESSIONAL COURSES WHEN REPORTING ACTIVITY AT THE UNDERGRADUATE OR GRADUATE LEVEL.
18
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey, Public Research-Extensive Universities
With Medical Schools (N= 39) and Without Medical Schools (N= 63)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1997-98 1998-99 1997-98 1998-99
No Med School No Med School Med School Med School
Perc
en
t o
f S
tud
en
t C
red
it H
ou
rs .
Graduate Professional Undergraduate
19
Percent of 1998-99 Credit Activity at Graduate and Professional LevelIPEDS Fall Enrollment Survey, Public Research-Extensive Universities
0%
5%
10%
15%
20%
25%
30%
35%
40%
Individual Universities
graduate
professional
with medical schools without medical schools
20
1997-98 - 12-Month Professional Credits
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
0 500 1,000 1,500 2,000 2,500 3,0001997 Fall Term FTE Enrollment
12-M
on
th C
red
it A
ctiv
ity
(Ad
just
ed t
o
Sem
este
r C
alen
dar
)
Iow a
Michigan-Ann Arbor
Michigan State
21
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
Public Research-Extensive Universities (N=102)
0
10
20
30
40
50
60
70
80
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
mil
lio
ns)
.
Graduate ProfessionalEstimated Professional Undergraduate
22
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
University "X"
0
100
200
300
400
500
600
700
800
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
tho
usa
nd
s)
.
Graduate ProfessionalEstimated Professional Undergraduate
23
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
University "Y"
0
200
400
600
800
1000
1200
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
tho
usa
nd
s)
.Graduate ProfessionalEstimated Professional Undergraduate
24
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
University "Z"
0
100
200
300
400
500
600
700
800
900
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
tho
usa
nd
s)
.
Graduate ProfessionalEstimated Professional Undergraduate
25
12-month Credit Hour ActivityIPEDS Fall Enrollment Survey
University "W"
0
200
400
600
800
1000
1200
9798 9899 9900 0001 0102 0203 0304
Fiscal Year
Stu
den
t C
red
it H
ou
rs (
tho
usa
nd
s)
.
Graduate ProfessionalEstimated Professional Undergraduate
26
Funding Modelfor Public Research-Extensive Universities
Based on IPEDS for 2003-04
Course Level of Credit Activity Weight
Cost per Weighted
CreditCost per
Credit
Undergraduate 1.0 427$ 427$ Graduate 2.0 427 853 First-Professional —
• No Medical School 2.0 427 853 • Includes a Medical School 4.7 427 2,005
Notes: Credits are converted to semester credits; first-professionalcredit activity is estimated from FTE Fall term enrollments.
27
2003-04 12-Month Weighted Credit Activity
0
5
10
15
20
25
30
35
40
45
50
Original Weighted Original Weighted
Universities with MedicalSchools (N=37)
Universities Without MedicalSchools (N=60)
Mil
lio
ns
of
Cre
dit
Ho
urs
Professional
Graduate
Undergraduate
28
Funding Model For Public Research-Extensive Universities (N=97)IPEDS for 2003-04
0
100
200
300
400
500
600
700
800
900
1,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
Weighted Annual Semester Credit Hours
Gen
eral
Fu
nd
Rev
enu
es (
Mil
lio
ns
of
$)
29
Funding Model For Public Research-Extensive Universities (N=97)IPEDS for 2003-04
0
100
200
300
400
500
600
700
800
900
1,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
Weighted Annual Semester Credit Hours
Gen
eral
Fu
nd
Rev
enu
es (
Mil
lio
ns
of
$)
.Includes a Medical School
30
Funding Model For Public Research-Extensive Universities (N=97)IPEDS for 2003-04
0
100
200
300
400
500
600
700
800
900
1,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
Weighted Annual Semester Credit Hours
Gen
eral
Fu
nd
Rev
enu
es (
Mil
lio
ns
of
$)
.AAUDE Members
32
Expenses
Source of Funds Instruction ResearchPublic
serviceAcademic
supportStudent services
Institutional support
Physical Plant
Depre-ciation
Scholar-ships
Auxiliary enterprises
Hospital services Interest Total
Operating Revenues Tuition & fees
Grants and contracts - operating Federal operating grants and contractsState operating grants and contractsLocal/private operating grants and contractsSales & services of auxiliary enterprisesSales & services of hospitalsIndependent operationsOther sources
Nonoperating Revenues Federal appropriationsState appropriationsLocal appropriations, education district taxes, & similar support
Grants-nonoperating Federal grantsState grantsLocal grantsGiftsInvestment incomeOther nonoperating revenues
Other Revenues and Additions Capital appropriationsCapital grants & giftsAdditions to endowments
Total
33
State & Local Appropriations
Tuition & fees, after deducting
discounts & allowances
Discounts and Allowances applied to
tuition & fees
Scholarships and
Fellowships
Waivers (revenue reductions)
Sales & services of auxiliary enterprises
Discounts & allowances applied to
sales & services of auxiliary
enterprises
Tuition Set-Aside
Institutional grants from unrestricted sources
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