10. All campuses must keep cash reserves*
5-7% of the campus budget
* NO required student life reserve!
Reserves
11. Legislative snapshot
Money and tuition set for this year AND next
Every college prepares a budget outlook
◦ Enrollment
◦ % revenue from tuition v. state
◦ Other revenue
◦ Personnel costs
Start with a snapshot
12. Consultation with students on budget
outlook (Fall)
Administration creates draft budget
Consultation continues (through Spring)
Student senate writes letter to Board of
Trustees on the process (Aprilish)
Chancellor reviews and brings to Board for
first reading (May)
Board approves all budgets, including tuition
and fees (June)
Approval process
13. Tuition and Fees Consultation
Meet early and often.
Make it a conversation and not a
lecture.
Make sure to keep things respectful.
14. Remember to think about and
discuss a variety of factors
Differential Tuition
Personnel Costs and Operating
Expenses
Other campuses tuition rate in the area
Legislative arena
15. Consultation Letter
Every campus Student Senate drafts a
consultation letter.
The letter provides an overview of the
process taken.
More information on the Consultation
letters will be provided at future
conferences…..
16. Enrollment and type
Reserve, carry-forward
Inflation
Total expected revenue
Costs
Cuts
Scenarios/options
Get the facts
Invite your administration to discuss tuition and fees early in the year. Provide multiple possible opportunities if your calendars aren’t aligning.Try to meet more than once per semester. The more information you can obtain will improve your knowledge of the process as well as help you represent your student constituents better.Ask questions about tuition and fees, projected enrollment and expense calculations.Ask for documentation such as presentation slides, spreadsheets, and contact information.Encourage your students to let the administration know what they like and what they don’t .
Higher Tuition for different programs (i.e. Nursing)Higher Tuition for Online Courses
Includes dates, timeline, and discussion topics.May contain your campuses Student Senate stance on the administrations recommendation.