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Cost Containment

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Cost Containment. New Collaboratives Business Continuity Planning Economic Impact Study EPA Letters Procurement 40+ TICUA Contracts Over $17 million spent National Efforts. Professional Development. Peer Group Meetings 36 Member Institutions Over 200 Participants 12 Events. - PowerPoint PPT Presentation
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Page 1: Cost Containment
Page 2: Cost Containment

Cost Containment New Collaboratives

Business Continuity Planning

Economic Impact Study

EPA Letters

Procurement 40+ TICUA Contracts Over $17 million spent National Efforts

Page 3: Cost Containment

Professional Development

Peer Group Meetings 36 Member Institutions Over 200 Participants 12 Events

Page 4: Cost Containment

Research and Public Affairs

Enrollment and Completion Reports Institutional PowerPoint Presentations Publications

Private Colleges Serving TennesseeSecuring Tennessee’s FutureCharacteristics 2007Legislative Priorities 2007

Page 5: Cost Containment

TICUA Member Highlights

Page 6: Cost Containment

TICUA Highlights: Participation

In fall 2006, nearly one in four Tennessee college students attended a TICUA member college or university.

TICUA member colleges and universities enroll students from every county in the state.

Nearly half of all students enrolled in TICUA member campuses are from other states and countries throughout the world.

Total enrollment increased 3% from fall 2005 to fall 2006. Five-year enrollment trend: ↑ 20% Ten-year enrollment trend: ↑ 32%

Source: Figures based on headcount, TICUA, fall enrollment report 2006.

Page 7: Cost Containment

Tennessee Higher EducationShare of Enrollment by

Higher Education Sector, 2006

Source: THEC and TICUA, fall 2006.

TBR 4-Year - 84,276 - 31%

UT System - 44,995 - 17%

TICUA - 64,556 - 24%

TBR 2-Year - 76,929 - 28%

Page 8: Cost Containment

TICUA: Percent of Total Enrollment by Race

Source: Headcount enrollment figures, TICUA, fall enrollment report, 2006.

Black, Non-Hispanic - 9,649 - 15%

Hispanic - 1,477 - 2%

Native American / Alaskan - 210 - <1%

Asian / Pacific Islander - 1,490 - 2%

Non-Resident Alien - 1,891 - 3%

Unknown/Unreported - 4,413 - 7%

White, non-Hispanic - 45,426 - 71%

Page 9: Cost Containment

Tennessee private colleges and universities enroll a greater number of minority students than the state colleges and universities.

Tennessee's Independent Colleges Enroll a Greater Proportion of Minority Students

3%

1%

2%

13%

18%

0%

1%

5%

19%

25%

Asian

American Indian

Hispanic

Black

All Minorities

Independent 4-year

State 4-year

Source: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study (NPSAS) 2003-04. Statistics are for students who are Tennessee residents.

Page 10: Cost Containment

Notable Enrollment Trends: Black (non-Hispanic) Enrollment

9,649 (15% of Total Enrollment) Five-year increase: 34%

Hispanic Enrollment 1,477 (2% of Total Enrollment) Five-year increase: 40%

Female Enrollment 37,916 (59% of Total Enrollment) Five-year increase: 23%

Source: TICUA, fall enrollment report, 2006.

Page 11: Cost Containment

Notable Enrollment Trends:

Undergraduate Enrollment: 50,757 (79% of Total Enrollment) Under 25 years of age: 39,806 (78% of undergraduate enrollment) Over 25 years of age: 10,951 (22% of undergraduate enrollment)

Graduate and Professional Enrollment 13,799 (21% of Total Enrollment) Five-year increase: 17%

Part-time Enrollment 11,313 (18% of Total Enrollment) Five-year increase: 46%

Source: TICUA, fall enrollment report, 2006.

Page 12: Cost Containment

TICUA: Transfer Students

Notable Transfer Recipients (%):

Belmont University – 431 (12%) Southern Adventist University – 275 (8%)

LeMoyne Owen College – 263 (7%)

• Of 43,136* undergraduates, 8.1% are current transfer students.

*Note: Figures do not include Trevecca Nazarene University or Vanderbilt University because data were not available.

Top Transfer Institutions

Southwest Tennessee Community College – 136 (4%)

Walters State Community College – 104 (3%)

Jackson State Community College – 101 (3%)

Source: TICUA, fall enrollment report, 2006.

Page 13: Cost Containment

TICUA: College Affordability

Page 14: Cost Containment

The median family income of Tennessee students attending our four-year colleges and universities is $7,400 less than those attending our state four-year colleges and universities

The Median Income of Students at Tennessee's Independent Colleges Is Less Than At State

Institutions

$54,700$62,100

Independent 4-year State 4-year

Source: U.S. Department of Education, National Center for Education Statistics, National Postsecondary Student Aid Study (NPSAS) 2003-04. Statistics are for dependent students who are Tennessee residents.

Page 15: Cost Containment

Tuition and Mandatory Fees

In 2006-07, tuition and fees at TICUA four-year member colleges and

universities averaged 28% less than the national average.

Source: TICUA Tuition and Fee Survey, summer 2006; The College Board,

Trends in College Prices, October 2006.

Page 16: Cost Containment

Student Financial Aid

Sources of Grant Aid – Fall 2004:

Federal Grant Aid: 12% State Grant Aid: 15% Institutional Grant Aid: 73%

Source: U.S. Department of Education, National Center for Education Statistics, Integrated Postsecondary Education Data System (IPEDS) “Student Financial Aid” survey, 2005.

Page 17: Cost Containment

Student Financial Aid

Federal Level – Pell GrantsTICUA member campuses:

12,431 TICUA students received the Pell Grant (1 in 4 UG students)

Average Pell Award amount: $3,022

The Pell Grant is the primary federal grant given to students based on financial need.

Source: TICUA, fall enrollment report, 2006. Yearly figures are based on fall 2006 award data.

Page 18: Cost Containment

Student Financial AidState Level - TSAA TICUA member campuses:

Number of TICUA students receiving the Tennessee Student Assistance Award (TSAA) : 3,560

Average award amount: $4,307 TICUA students receiving the TSAA grant represent

every county in the state except two (Clay and Van Buren).

The TSAA grant is the primary state grant given to students based on financial need.

Source: TICUA, fall enrollment report, 2006. Yearly figures are based on fall 2006 award data.

Page 19: Cost Containment

Student Financial AidState Level - TELS TICUA member campuses:

Number of TICUA students receiving the Tennessee Education Lottery Program (TELS) : 8,720

Average award amount: $3,774 TICUA students receiving the TELS award represent

every county in the state except one (Clay County).

The TELS award is based on academic performance, with a financial need component.

Source: TICUA, fall enrollment report, 2006. Yearly figures are based onfall 2006 award data.

Page 20: Cost Containment

TICUA: College Completion

Page 21: Cost Containment

TICUA Highlights: Completion

Last year, TICUA member campuses awarded over 14,500 degrees ranging from associate to doctoral.

TICUA member campuses award more masters, first professional, and doctoral degrees than any other higher education sector in the state.

Source: IPEDS Graduation Survey, 2005; TICUA, completion reports, 2005-06.

Page 22: Cost Containment

Students enrolling in TICUA campuses are more likely to graduate in a timely manner.

Tennessee's Independent Colleges Have Higher 4-, 5- and 6-year Graduation Rates for Their

Students

43%

16%

55%

37%

57%

44%

0%

10%

20%

30%

40%

50%

60%

Independent State

4-year

5-year

6-year

Source: U.S. Department of Education, National Center for Education Statistics, NPSAS 2003-04. Statistics are for students who are Tennessee residents.

Page 23: Cost Containment

Percent of Degrees Awardedby Sector, 2005-06

UT: University of Tennessee, TBR: Tennessee Board of Regents.

Source: Tennessee Higher Education Commission and TICUA, 2005-06.

TICUA, 33%

UT, 20%TBR 2-yr., 15%

TBR 4-yr., 32%

Page 24: Cost Containment

Percent of Total DegreesAwarded by TICUA Institutions

Associates degrees—627 of 7,675 (8%) Bachelors degrees—9,540 of 26,092 (37%) Master’s degrees—3,349 of 8,454 (40%) First Professional degrees—643 of 1,174 (55%) Doctorial degrees—359 of 1,096 (33%)

Source: TICUA, completion reports, 2005-06.

Page 25: Cost Containment

Top Majors of Degrees Awarded for Students Attending TICUA Member Institutions

Source: TICUA, completion reports 2005-06. Figures include undergraduate, graduate and first professional degrees awarded.

3,000

2,200

1,700

0 500 1,000 1,500 2,000 2,500 3,000

Number of Degrees Awarded

Business Leaders

Educators

Health CareProfessionals

To

p M

ajo

rs

Page 26: Cost Containment

TICUA Highlights:

TICUA member campuses spend more than $3 billion each year—translating into an economic impact of over $7.5 billion.

TICUA institutions serve as one of the state’s largest employers. Our members employ over 36,000 faculty and staff.

Source: IPEDS, finance survey, 2004; TICUA campus employee survey, fall 2006.

Page 27: Cost Containment

TICUA Resources

Page 28: Cost Containment

Additional Information: Online Services

TICUA (www.ticua.org) TICUA list servs (www.ticua.org/listservs) TICUA Institutional Directory (www.ticua.org/directory)

Other College for Tennessee (www.collegefortn.org) Tennessee Student Aid Alliance (www.tnsaa.org)

Page 29: Cost Containment

TICUA Staff: Here to Serve YouDr. Claude O. [email protected]

Michael W. AlbertAssistant DirectorResearch and [email protected]

Susanna L. BaxterVice PresidentGrants and Member [email protected]

Joan ChappellDirector of [email protected]

C. Gregg ConroyExecutive DirectorTICUA Benefit Consortium [email protected]

Heather JackVice PresidentResearch and Public Affairs [email protected]

Darlene ThorntonAdministrative CoordinatorTICUA Benefit Consortium [email protected]

Page 30: Cost Containment

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