University of South CarolinaFY2006-2007 Budget

Board of TrusteesBoard of Trustees

June 29, 2006June 29, 2006

Tuition and Fees

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Estimated Resident Undergraduate Cost per Semester

Academic Years 2005-06 to 2006-07Academic Academic

Year Dollar Year %

2005-06 Change 2006-07 Change

I. Total Resident Undergraduate Tuition 3,457.00 247.00 3,704.00

-Educational & General 2,865.00 173.00 3,038.00

-Bond & Renovation Revenue 225.00 50.00 275.00

-Wellness Center 105.00 105.00

-Student Activities 66.00 2.00 68.00

-Student Health 140.00 6.00 146.00

-Computer Fee 40.00 40.00

-Athletics 16.00 16.00 32.00II. Technology Fee 200.00 0.00 200.00

Total Mandatory Fees 3,657.00 247.00 3,904.00 6.75%

Average University Housing Cost (1) 1,482.00 158.00 1,640.00

10 Meal Plan (2) 946.00 22.00 968.00

Average Book Cost (3)392.00 27.00 419.00

(1) Based on weighted average costs of traditional style housing for FY06 and FY07.(2) Provided by Food Services.(3) Estimate by the USC Financial Aid Office.

Other Student Costs:

Mandatory Fees:

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General Academic Fees per Semester for Full-time Students

Current 2005-06 to Proposed 2006-07

Columbia

Undergraduate - Resident 3,457 3,704 247 - Non-Resident 9,278 9,918 640 - Non-Resident General University Scholarship 3,457 3,704 247

- Non-Resident Departmental Scholarship 5,130 5,490 360 - Non-Resident Athletics Scholarship 9,278 7,934 -1,344

Graduate - Resident 3,869 4,144 275 - Non-Resident 8,378 8,958 580Law - Resident 7,412 7,792 380 - Non-Resident 14,980 15,738 758 - Non-Resident Scholarship 8,207 8,626 419Technology Fee 200 200 0

Medical School

Resident 9,760 10,248 488Non-Resident 28,223 29,634 1,411Non-Resident Scholarship 13,203 13,863 660

CAMPUSCURRENT 2005-06

PROPOSED 2006-07

DOLLAR CHANGE

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Senior & Regional Campuses General Academic Fees per Semester for

Full-time StudentsCurrent 2005-06 to Proposed 2006-07

USC Aiken

Resident 2,964 3,235 271

Non-Resident 6,035 6,525 490Technology Fee 100 100 0

USC Beaufort

Resident 2,477 2,712 235

Non-Resident 5,935 6,228 293Technology Fee 130 150 20

USC Upstate

Resident 3,218 3,479 261Non-Resident 6,637 7,198 561Technology Fee 100 130 30

Regional Campuses

Resident 2,032 2,196 164Non-Resident 5,062 5,484 422Technology Fee 130 130 0

CAMPUSCURRENT 2005-06

PROPOSED 2006-07

DOLLAR CHANGE

State FundingFY2007

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The Faculty Excellence Initiative (FEI) targets recruitment of new tenure and tenure-track faculty in disciplines and programs that represent strategic initiatives designed to advance the national profile of the University of South Carolina.

USC will hire an additional 150 new tenured and tenure-track faculty by the year 2010 and replace additional faculty retirees.

Hiring replacements for retiring faculty results in a net cost above the salary savings resulting from departure, and the cost is substantial even when assistant professors are hired to replace full and associate professors.

Academic units submit competitive proposals to the Provost for the funds. Faculty hired under the program have outstanding records and potential, and they are from a variety of academic disciplines. This includes the sciences, arts, medicine, and professional schools.

The enrollment at USC Columbia has increased substantially in the last four years with an 18% growth since Fall 2001.

Recurring Funds - New Faculty Salaries - $3,200,000, New Faculty Fringe - $ 800,000

Faculty Excellence Initiative - $4,000,000

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In cooperation with private donations and with the City of Columbia, USC seeks to develop research projects involving the Congaree River, a natural setting for research and education in environmental biology/microbiology, health and toxicology, hydrology, chemical ecology and environmental engineering.

The projects envision research and education initiatives related to:

(1) effects of human activity such as construction of dikes, levees, and revetments on aquatic life systems

(2) effects of flood control systems on aquatic life and the biological environment in the surrounding terrain

(3) the functional composition of invertebrate and vertebrate communities at various points in the river

(4) investigation of seasonal fluctuations of phosphorous and nitrogen levels

This research will provide for K-12 research collaborations as well as undergraduate and graduate research opportunities.

Recurring Funds - $500,000Non-recurring Funds - $1,500,000

Congaree River – Freshwater Environmental Initiative - $2,000,000

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Senior & Regional Campuses

Mission Resource Requirement (MRR) ParityNon-recurring

USC Aiken - $599,237USC Beaufort - $502,175 USC Upstate - $1,877,675USC Lancaster - $650,000USC Salkehatchie -$100,000 USC Sumter - $51,269USC Union - $16,206

USC Lancaster will receive an additional $200,000 for facilities repairs and $100,000 for tennis court repaving

Columbia Campus Budget FY2007

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USC Columbia Campus – FY 2007New and Continuing Funding

Recommendations

Faculty Excellence Initiative (Year 3 of 6) 2,000,000University Libraries 814,313

Total Academic Programs 2,814,313

Scholarship 4% Fee Waiver Increase - In-State Undergraduate 910,522Academic Success Center 589,779Visitor's Center - Financial Aid 104,044

Total Other Academic and Student Services Programs 1,604,345

Academic Programs and Services

Other Academic and Student Services Programs

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USC Columbia Campus – FY 2007New and Continuing Funding

RecommendationsOneCarolina Project 1,648,000Utility Increases 3,100,218Insurance Increase 246,568USC Share of State 3% Salary Increase 1,864,124USC Share of Fringe Benefit Cost on 3% Salary Increase 510,534Cost of .5% Retirement Increase 853,923

Total General Institutional Costs 8,223,367

Law Enforcement and Safety Initiative 83,142Facilities Salary Allocation Plan 500,000Business and Finance 266,858Environmental Health and Safety 9,625Office of Human Resources 68,027Legal Office 100,000

Total Central Operations and General Support Programs 1,027,652

Debt Service - Research Projects 1,890,000 Student Health Center 252,000 Student Activities 80,000 Athletics - Student Activity 600,000 Athletics - Debt Service 525,000

Total Mandated Fee Distributions 3,347,000

Mandated Fee Distributions

General Institutional Costs

Central Operations and General Support Programs