2015-2016 Trinity Tuition Recommendations

with Cohort Comparisons

Board of Trustees, February 6, 2015

1

TUITION 1991-2015Comparing Trinity FULL-TIME Tuition with National Average for 4 Yr Private College

9.9 10.6 11 11 11.4 11.7 12.3 12.8 13.4 13.8 14.2 14.7 15.4 16.2 16.7 17.2 17.7 18.2 18.8 19.3 19.7 20.1 20.5 20.9 21.9 22.3

9.3 10 10.4 11 11.7 12.4 12.8 13.6 14.2 15.3 16.3 17.118.5 19.7 20

2122.2

23.725.1 26.2 27.2 27.8 29 29.8 30

31.2

0

5

10

15

20

25

30

35

1991 92 93 94 95 96 97 98 99 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

TRINITY NATIONAL

7%… .3.7 .…..0 ..3.6%....2.6% …5%……4%….4.6%….3%…...3%…….3%……5%.......5%.......3%.......3%......3%.......3%......3%......3%......2%.......2%......2%.....2%......2%TRINITY PERCENTAGE INCREASEs

2

3

TR

INIT

Y

How

ard U

Lesley

Carlow

Marym

ount VA

Russell S

age

Georgian C

ourt

ME

DIA

N

St E

lizabeth

Rosem

ont

Imm

aculata

Chestnut H

ill

New

Rochelle

C. N

otre Dam

e

Chatham

Hood

Cedar C

rest

St. Joseph C

T

Em

manuel

Catholic U

0

10,000

20,000

30,000

40,000

50,000

60,000

21,930

23,970

24,310

26,178

27,470

28,200

30,998

30,896

31,095

31,580

32,000

32,110

32,300

33,010

33,429

34,120

34,304

34,755

35,532

39,726

9,840

10,740

14,400

10,314

12,010

11,830

10,596

11,900

12,744

12,880

12,880

10,000

12,200

10,716

10,410

11,610

10,409

14,426

13,580

14,518Tuition and Fees, Room and Board

FY15 Trinity and CohortTUITION Room & Board

4

CHRONICLE OF HIGHER ED LOCAL DATA ON TUITION AND FEES

Tuition and Fees Tuition, Fees, Room, and Board

Institution name 2012-13 2013-2014 2014-2015 2012-13 2013-2014 2014-2015

American $39,499 $40,649 $41,833 $53,419 $54,829 $56,241

Catholic $36,520 $38,626 $39,726 $50,794 $52,852 $54,244

George Washington $45,780 $47,343 $48,850 $56,310 $58,193 $60,550

Georgetown $42,870 $44,805 $46,744 $56,706 $58,715 $60,768

Howard U $22,683 $22,683 $23,790 $32,466 $32,466 $34,710

Trinity $20,710 $21,130 $22,316 $30,142 $30,788 $32,156

U of the District of Columbia n/a n/a $14,535 n/a n/a $14,535

895

670

850

646

911 896

825

722

665

1087

950

1335

900

1490

585

499

1108

647

13371315.25

1183

520

846

500530

365

470

799

505 486

590

468

810

395

499

1375

0

200

400

600

800

1000

1200

1400

1600

UG PT F14 UG AD F14

PER CREDIT UNDERGRADUATE/ UG ADULT RATES with Cohort Comparisons FY14(SHOWING ADULT UNDERGRAD SPECIAL RATES WHERE AVAILABLE)

5

Trinity’s regular undergraduate-per-credit-hour fee is $670 is among the lowest in the cohort. The $520 adult undergraduate (SPS) per credit fee is a bit higher than some, but lower than CUA’s $810 at their Metropolitan College, the closest similar competitor. Note that for schools that do not show an “adult” rate, the commitment to part-time adult undergraduate education tends to be limited.

1700

700

850

786

1064

870

650

894

525

683

585

907

405

900

620

730

950

740

659

1236

667

1440 1440

1176.75

0

200

400

600

800

1000

1200

1400

1600

PER CREDIT GRADUATE RATES with Cohort Comparisons FY14(SHOWING ADULT UNDERGRAD SPECIAL RATES WHERE AVAILABLE)

6

Per-credit-hour rates for graduate students are high in the Consortium where Trinity’s $700 fee is the lowest among the private universities, but compared to the cohort, Trinity’s graduate per-credit fee is more typical

2015-2016 Tuition Recommendations

7

  FY2013 FY 2014 FY2015 Proposed FY2016 % Increase

CAS          Tuition (Annual) $20,550 $20,970 $21,930 $22,370 2%Tuition PT $655 $670 $685 $700 2%Room (Double) $3,760 $3,760 $3,760 $3,760 0%Board (19 Meal Plan) $5,672 $5,900 $6,075 $6,320 4%

Comprehensive Fee $30,877 $31,688 $32,603 $33,255 2%

           NHP          Tuition (CAS FT) $20,550 $20,970 $21,930 $22,370 2%

Tuition PT (SPS PT UG) $655 $670 $685 $700 2%

           SPS (per credit)          Undergraduate $510 $520 $530 $540 2%Associates Program at THEARC

$165 $170 $175 $180 3%

BGS (per credit)

Graduate General $685 $700 $715 $730 2%

Graduate MBA $725 $740 $755 $770 2%           EDU (per credit)          Graduate $685 $700 $715 $730 2%Workshops $530 $530 $530 $530 0%

Financial Aid ReportBoard of Trustees Meeting, February 7, 2014

This report provides a snapshot of the public and private sources of financial aid that Trinity students have received in Fiscal 2014 to subsidize their Trinity education.

8

FEDLOAN15, $20,888,778.00 , 50%

DCTAG15, $732,707.00 , 2%

DCMAYOR 15, $489,898.00 , 1%

OTHER15, $591,734.00 , 1%DCCSF15, $780,828.00 , 2%

EMPLOYER15, $544,096.00 , 1%

STATE15, $13,192.00 , 0%DCCAP 15, $259,916.00 , 1%

PRIVATE LOAN15, $269,343.00 , 1%FEDPARENTLOAN15, $673,628.00 , 2%

PELL 15, $5,838,097.00 , 14%

ENDOWED 15, $1,107,986.00 , 3%

TRINITY GRANT 15, $8,987,664.00 , 22%

ALL AID FY2015

9

While 50% of all student aid comes in the form of federal student loans, Trinity students also receive financial assistance in grants and loans from at least 12 other sources

FED LOAN, 20,888,778

PELL, 5,838,097

EVERYTHING ELSE, 4,089,943

TRINITY GRANT/ENDOWED 10,091,706

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

7,000,000

8,000,000

9,000,000

10,000,000

11,000,000

12,000,000

13,000,000

14,000,000

15,000,000

16,000,000

17,000,000

18,000,000

19,000,000

20,000,000

21,000,000

2015

TRINITY FINANCIAL AID SOURCESFISCAL 2015

10

Individually as well as combined, three sources of aid --- federal loans, Trinity grants/endowed scholarships and Pell grants --- are larger by volume than all other sources combined.

FED LOAN20,888,778

FED LOAN 23253088

FED LOAN 26073473

FED LOAN 26135700

FED LOAN 22834970FED LOAN

20285331

TRINITY GRANT,

8,983,720

TRINITY GRANT,

8604410

TRINITY GRANT,

8589148TRINITY GRANT,

8101247

TRINITY GRANT,

7176362

TRINITY GRANT,

6061568

PELL GRANT5,838,097

PELL GRANT 5879012

PELL GRANT 5993818PELL GRANT

5319498

PELL GRANT 3959419

PELL GRANT 5204536

0

5000000

10000000

15000000

20000000

25000000

30000000

35000000

40000000

45000000

2010 2011 2012 2013 2014 2015

TOTAL FY10: $34,349,876

TOTAL FY11: $39,717,169

SOURCES AND VOLUME OF STUDENT SUBSIDIES FY10 TO FY15

TOTAL FY12: $43,799,551

11

TOTAL FY13: $45,823,822

TOTAL FY14: $42,007,759

TOTAL FY15: $40,908,524

DCCSF, 195000

DCCSF, 438403

DCCSF, 588825

DCCSF, 784287

DCCSF, 830493 DCCSF, 780828

OTHER, 367397

OTHER, 364301

OTHER, 444117

OTHER, 440420

OTHER, 314037OTHER, 591734

DCCAP, 226117

DCCAP, 257378

DCCAP, 260496

DCCAP, 236860

DCCAP, 299406

DCCAP, 259916

DCLEAP, 607569

DCLEAP, 130216

FED PARENT LOAN,1083755

FED PARENT LOAN 1214094

FED PARENT LOAN 1162615 FED PARENT LOAN

563526FED PARENT LOAN

452032FED PARENT LOAN

673,628

DCTAG, 614343

DCTAG, 761138 DCTAG, 885939

DCTAG, 910003DCTAG, 816293

DCTAG, 732707

EMPLOYER, 544,096EMPLOYER,

614069

EMPLOYER, 789223

EMPLOYER, 849155EMPLOYER,

678003

EMPLOYR, 432653

PRIVATE LOAN, 293226

PRIVATE LOAN, 328241

PRIVATE LOAN, 528930

PRIVATE LOAN, 612318

PRIVATE LOAN, 480426

PRIVATE LOAN, 269,343

ENDOWED, 180300

ENDOWED, 292450

ENDOWED, 266510

ENDOWED, 312999

ENDOWED, 576908

ENDOWED 1,107,986

DCMAYOR, 472660

DCMAYOR, 338753

DCMAYOR, 489,898

0

1000000

2000000

3000000

4000000

5000000

6000000

2010 2011 2012 2013 2014 2015

SOURCES AND VOLUME OF STUDENT SUBSIDIES FY10 TO FY15Without Federal Loans, Trinity Grants or Pell Grants

12

$4,043,558 $4,501,301 $5,092,261 $5,167,383 $4,751,675

$5,463,328

FISCAL 15 AID BY TYPE AND CLASS YEAR

$0

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

$20,000,000

FEDLOAN15

TRINITY GRANT 15

PELL 15

ENDOWED 15

DCTAG15

DCMAYOR 15

STATE15

DCCAP 15

OTHER15

DCCSF15

EMPLOYER15

FEDPARENTLOAN15

PRIVATE LOAN15

First Years

Sophomores

Juniors

Seniors

Graduate

13

1020077711386091

$10,133,113.00$8,885,071.00

1536283

2102395$2,731,002.00

$2,273,346.00

2412662

3239205$3,350,201.00

$3,238,054.00

1967414

2400623$2,407,715.00

$2,552,050.00

4168195

3706656 $4,631,057.00

$3,940,257.00

12,624,380.00 12,032,788.00

2,532,603.00 2,405,968.00

3,616,174.00 3,883,639.00

2,694,512.00 2,790,925.00

4,794,666.00 4,833,518.00

0

5000000

10000000

15000000

20000000

25000000

30000000

FED LOAN 2010 FED LOAN 2011 FEDLOAN12 FEDLOAN13 FEDLOAN14 FEDLOAN15

First Years

Sophomores

Juniors

Seniors

Graduate

14

FEDERAL LOANS BY CLASS YEAR FISCAL 2010 TO 2015