On November 10, 2010, AIKCU President Gary S. Cox briefed members of the Kentucky General Assembly's Interim Joint Subcommittee on Postsecondary Education on the status of independent (nonprofit, private) postsecondary colleges and univrsities in Kentucky.
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The Status of Kentucky's Independent (Nonprofit, Private) Colleges and Universities
1. A status report on Kentucky’s
independent colleges and universities
November 8, 2010
Gary S. Cox, Ph.D
President
(502) 695-5007
gary@mail.aikcu.org
http://aikcu.org
2. • 20 independent, nonprofit colleges and universities.
• All accredited by the Southern Association of Colleges
and Schools (SACS). Meet the same rigorous quality
standards as KY’s public colleges and universities.
• 33,000+ total students. 75% Kentucky residents.
• Provide critical choices and access to postsecondary
success. 70% of AIKCU students who graduate do so in
4 years.
• Fully committed to goals of 1997 House Bill 1 and
integrated in state postsecondary initiatives.
The 10th component of Kentucky’s
postsecondary education system
3. Diverse institutions...
• From Pikeville to Mayfield, Northern to
Southeastern Kentucky. Mix of traditional
campuses, extended sites, KCTCS and business
partnerships, and distance learning.
• Admissions standards range from open
admissions to highly selective.
• Diverse learning environments: traditional
residential campuses, distance learning,
community-based programs, KCTCS
partnerships, accelerated degree completion,
graduate programs.
• More than 6,000 total employees.
4. ...serving diverse students...
• Geographic: 75% of the 33,000+ students are
Kentucky residents. Students from all 120
counties, across US, 108 countries.
• Age: 23% are adult students
• Racial: 10% of students are minorities (7.5%
African-American). Minority enrollments as high
as 30% on some campuses.
• Economic: 40% of undergraduates receive
federal Pell grants.
5. ...and addressing diverse state needs
• Enroll 20% of KCTCS transfers.
• Produce 1/4 of new public school teachers
annually. 1/3 of teachers have at least one
credential from an AIKCU institution.
• Produce 20% of Kentucky bachelor’s degrees in
nursing.
• Produce 20% of all KY STEM bachelor’s degrees
(with no engineering programs)
• AIKCU percentage of KY bachelor’s degrees in select STEM areas
(2006-2008): 32% mathematics; 28% chemistry; 21% physics;
33% biology; 78% biochemistry
8. 0
10
20
30
40
50
60
4 years 5 years 6 years
AIKCU KY Public Universities
Promote timely degree completion
Fall 2002 Degree Seeking Freshmen
Source: IPEDS, 2002 first-time, full-time entering student cohort; 4 and 5 year data not available for 2 of the 20 AIKCU institutions
9. $0
$7,000
$14,000
$21,000
$28,000
$27,293
$23,601
$20,079
Average Published Tuition and Fees at Four-Year,
Nonprofit Private Colleges, 2010-11
AIKCU Southern National
Source: AIKCU average from internal survey. Southern and National averages from the College Board’s 2010Trends in College Pricing (http://www.trends-
collegeboard.com/college_pricing/)
Notes: All figures are published tuition and fees. Few students actually pay this amount after financial aid awards.AIKCU average does not include Berea
College, which charges no tuition.
10. 0
6
12
18
24
30
CAP KTG KEES Other
1.7
15.7
28.2
10.7
$56.3 million total 2009-10 state aid
to AIKCU students
($ millions)
Source: KHEAA
11. Kentucky’s investment in AIKCU students
is less than 5% of total postsecondary spending
83.5%
11.9%
4.7%
State postsecondary
funding*
($1.01 billion)
State financial aid to students in
other sectors ($142.8 million)
State financial aid
to AIKCU students
($56.3 million)
Sources:
CPE - 2008-09 state appropriation budget data. Includes public institutions, CPE operations, adult education and special programs
KHEAA - 2008-09 student financial aid data
*State funding figure is net General Fund postsecondary appropriation after budget reduction and removal of hospital and debt service, but including federal ARRA funds
Other
3.0%
KEES
27.9%
KTG
50.1%
CAP
19.0%
($15.7 million)
($28.2 million)
($1.7 million)
Total Kentucky Postsecondary Spending
(2009-10): $1.2 billion
Kentucky’s Investment in AIKCU
Students through state student aid
(2009-10): $56.3 million
($10.7 million)
12. 0
10
20
30
40
50
60
50.3
55.7
31.6
CAP KTG KEES
Percent of AIKCU Kentucky resident
undergraduates participating in state aid
programs
Source: Calculated using KHEAA student aid data, CPE Comprehensive Database Resident Enrollment. 2008-09
CAP = need-based; KTG = need-based, tuition equalization for independent college students; KEES = merit/incentive
15. Average loan debt of students who graduate with
student loan debt
0
5,250
10,500
15,750
21,000
2008 2009
20,077
16,879
18,966
18,562
AIKCU Publics
Source: Project on Student Debt, http://projectonstudentdebt.org. 2008: 6/8 public universities and 16/20 AIKCU campuses
represented. 2009: 8/8 public universities and 15/20 AIKCU campuses represented
16. Recent investments of $300 million*
in new facilities (and growing)
(*$0 = Commonwealth funds invested)
Campus improvements include recent or planned science or health science facilities at, clockwise: Spalding University,
University of the Cumberlands, Pikeville College School of Osteopathic Medicine, Centre College
17. 0
100
200
300
400
500
600
700
800
Institutional Expenditures Capital Expenditures
Direct Indirect
Annual Economic Impact of Kentucky’s Independent
Colleges and Universities = more than $1.48 billion
Total economic impact (in millions), by spending category
Source: Private Colleges, Public Benefits: The Economic and Community Impact of Kentucky’s Independent Colleges and Universities on
the Commonwealth of Kentucky. Human Capital Research Corporation, 2006.
http://www.aikcu.org/wp-content/uploads/2007/08/Private%20Colleges,%20Public%20Benefits%20-%20AIKCU%2011-1-06.pdf