Review of Undergraduate
and Graduate Program
Costs and Revenues
October 28, 2005
Committee Members:
Richard Elenich
Dan Greenlee
Amy Hughes
Sue Laajala
Bill Predebon
Kurt Pregitzer
Dave Reed
Marilyn Vogler
Background and Summary
The costs of operating a Graduate School within the University have been discussed by
senior administration several times. The President’s office determined that, in order to
fully investigate the costs of operating a Graduate School, we needed a balanced
committee approach. He also felt it necessary to give the committee a very general
charge. An ad hoc committee i was formed in the summer of 2004, and charged to
determine the costs and benefits of graduate education. It became clear that graduate
education could not be examined in an isolated vacuum, and the committee undertook
an analogous examination of undergraduate programs. Through extensive discussion
and review of various data sets, the committee has developed a model for allocating
University revenues and expenses between graduate/research and undergraduate
programs.
Two sources of revenue are peripheral to the basic model - State appropriations and the
Michigan Tech Fund. The model allocates State appropriations according to a variety of
parameters, but it is kept separate, so as not to cloud funds that are more directly
related to revenues and expenses. Michigan Tech Fund dollars were not allocated in
this model. Though the charge was to determine the costs and benefits of graduate
education, the committee did not explicitly discuss intangible costs and benefits - for
example, institutional identity. Compliance with institutional mission was, however,
implicit in determining scenarios for allocating state funds.
Recognizing that there is no single way to conduct such an analysis, scenarios were
generated to produce bounds of high and low estimates. Generally, the results
demonstrate that either graduate education/research generates a positive cash flow,
while undergraduate education generates a negative cash flow, or that graduate
education/research generates a lesser negative cash flow than does undergraduate
education. In only two of the six scenarios was this trend reversed - both under a model
that allocated state funds according to total expenditures. When per student net income
was considered, the same patterns held.
Problem Definition
Though the committee began by focusing on revenues and expenses related solely to
graduate education, the discussion quickly expanded to less obvious resources. It
moved first to generating a model that could be used for other facets of the University’s
budget, e.g., auxiliaries, facilities, or undergraduate education. This point was
surpassed in favor of developing a single model that allocated all revenues and
expenses to two categories: undergraduate education and graduate education/research.
This focus developed from two conclusions: 1) the University’s primary purpose is
education, and all expenses are related to that end in some way, and 2) research and
graduate education are inseparable.
2
The model was used to generate results for two years: FY 2002-03 and FY 2003-04.
However, MTU radically changed the way tuition is assessed with the 2003-04 school
year, and the committee had to decide how to bring consistency to data that overlapped
assessment methods.
Determination of Model Parameters
With minor discussion, most expenses and revenues were allocated cleanly between
the two categories. For example, funding expenses of teaching assistants from the
general fund were allocated to the undergraduate side, based on the determination that
these funds were expensed primarily for educating undergraduate students.
As might be expected, the major expense - and the one most subject to variability in
allocation - is faculty salaries. The model therefore allows for varying distribution of
faculty salary, based on several weighting factors:
•
•
•
section credits,
tuition weighted student credit hoursii, and
faculty effort distributionsiii and student credit hours.
A major concern was bringing consistency to the data, given the overlap of expense
assessment methods. The committee decided to incorporate the following:
•
•
•
•
•
enrollment data for fall 2002 and fall 2003 (headcount & FTE),
tuition weighted student credit hours for 2003-04, applied to both years’
headcount,
estimated faculty effort for 2004-05 with FY2002-03 & FY2003-04 actual student
credit hours,
due to change in tuition assessment, tuition weighted student credit hours is not
consistent between the two years’ enrollmentiv, and
faculty effort distributions for all departments are available only for the 2004-05
year, and were not available for prior years. Effort distribution, however, is likely
to be fairly consistent, and thus it was felt the current distribution could be
combined with actual student credit hours for the fiscal years to give a
reasonably accurate picture of faculty effort.
3
The allocation of State funds remains an open question. Two allocation methods were
considered. The first is based on the assumption that MTU receives its State
appropriation to complete its mission, and that faculty effort distribution reflects the
appropriate relative allocation of the appropriation to different activities. The second
method is based on the assumption that the State appropriation is allocated to wherever
there are costs. Both of these methods are examined using two scenarios for allocating
faculty time:
•
•
tuition-weighted student credit hours
faculty effort and student credit hours
The committee remains uncertain as to whether the addition of state funding clarifies or
clouds the issue, and so it is included only as the last item on the reports, following a
subtotal of other revenues and expenditures. Difference in allocation percentages of
state funds for undergraduate/graduate research activities varied from a high of
90.2/9.8% to as little as 64/36%, respectively, in the various scenarios.
Summary of Net Profit/Loss After Allocating State Appropriations
For Undergraduate Instruction and Graduate Instruction/Research
Fiscal Years 2002-03 and 2003-04 – Numbers in 000'
s
State Appropriations Allocated on Faculty Salary
2002-03
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
Undergraduate
Graduate/
Research
(2,408)
(6,658)
587
4,837
2003-04
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
(5,492)
(9,272)
3,031
6,811
State Appropriations Allocated on Total Expenditures
2002-03
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
(3,166)
797
1,345
(2,619)
2003-04
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
(5,042)
(985)
2,580
(1,477)
4
Conclusions
Depending on the allocation methods used, graduate education/research or
undergraduate program costs can exceed revenues. Models where
undergraduate education costs exceed revenues may reflect the long history of
the State of Michigan having capped undergraduate tuition increases. In those
models where graduate education/research costs exceed revenues, we assumed
that graduate education/research is faculty intensive. These percentage-facultyeffort-allocation models apportion a higher percentage of faculty time to graduate
education/research compared to undergraduate education.
When loss is calculated using tuition weighted section credit hours and prior to
the allocation of state funds, graduate education/research accounts for 9.3% of
the loss in 2002-03, yet only 4.1% of the loss in 2003-04. Given that the graduate
student population increased from 11.6% and 12.7% during those two years, the
model suggests that graduate tuition is set at a more appropriate level than
undergraduate tuition, given the relative costs. When faculty research time was
identified and allocated to the graduate/research area, these scenarios resulted
in a much higher cost falling to graduate education/research - 25.4% and 20.3%
for the same two years. This indicates the inseparability of graduate education
and institutionally supported research.
Contrary to what many perceive, this analysis demonstrates that graduate
education/research internally subsidizes undergraduate education. This reality
needs to be incorporated into both University-level strategic plans as well as
Department, College and School discussions regarding new program
development and allocation of resources to existing programs.
Appendix I: Data Files
Appendix II: Allocation Parameters
Appendix III: Addendum
5
Appendix I: Data Files
Table 1: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2003-04 Tuition Weighted Student Credit Hours June 30, 2003………………………………………..………8
Table 2: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2003-04 Tuition Weighted Student Credit Hours June 30, 2003……………………………………………… 9
Table 3: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2002-03 Student Credit Hours June 30,
2003 ………………………………………………………………………………………………………………….10
Table 4: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2002-03 Student Credit Hours June 30,
2003 ………………………………………………………………………………………………………………....11
Table 5: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2003-04 Tuition Weighted Student Credit Hours June 30, 2004………………………………………………12
Table 6: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2003-04 Tuition Weighted Student Credit Hours June 30, 2004………………………………………………13
Table 7: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2003-04 Student Credit Hours
June 30, 2004……………………………………………………………………………………………………….14
Table 8: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2003-04 Student Credit Hours June 30,
2004………………………………………………………………………………………………………….……….15
Appendix II: Allocation Parameters*…………………………...…………………………………………….16
Appendix III: Addendum Summary…………………………………………...………………………………….19
Data Files of Fiscal Year 2005 Information………………………….……………………….20-25
Table 1: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2004-05 Tuition Weighted Student Credit Hours June 30, 2005………………………...…………………….20
Table 2: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours June 30,
2005…………………………………………………………………….………………………………....………….21
Table 3: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2004-05 Tuition Weighted Student Credit Hours June 30, 2005……………………………………...…….…22
Table 4: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours June 30,
2005……………………………………………………………………………….…………………………....….…23
Table 5: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
2004-05 Tuition Weighted Student Credit Hours June 30, 2005………………………………………...…….24
Table 6: Income Statement with Undergraduate and Graduate/Research Split; Faculty Salaries Split on
Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours June 30,
2005………………………………………………………………………………………………………….....…….25
6
___________________________________________
i
Members of the committee: Richard Elenich, Dan Greenlee, Amy Hughes, Sue Laajala,
Bill Predebon, Kurt Pregitzer, Bruce Rafert (through July, 2004), Dave Reed, and Marilyn
Vogler.
ii
Tuition Weighted Student Credit Hours is an allocation parameter derived by multiplying the
credit hours generated within a fiscal year by the tuition rate assessed on each credit hour.
iii
Faculty Effort Distribution is an allocation parameter derived by computing the weighted
average of the departmental faculty effort distribution between instruction and research. In cases
where the distribution had yet to be established, departmental estimates were provided by each
area's respective dean.
iv
With the 2003-04 academic year, we went to a per-credit charge structure; at the same time,
graduate tuition moved to a one-rate structure that did not differentiate between resident/nonresident assessment.
7
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2003-04 Tuition Weighted Student Credit Hours
June 30, 2003
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
47,966
53,133
158
4,904
(118)
9
930
106,982
26,034
19,977
2,605
1,133
2,699
18,363
1,147
2
3,033
2,654
(398)
4,913
415
402
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,821
142
34
7,493
52
35
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
12,168
Graduate/
Research
Other
Allocation Basis
7,758
53,133
158
(105)
8
824
41,093
4,904
(13)
1
106
12,756
16,447
60,994
1,016
2
2,687
2,351
(352)
4,352
368
356
10,780
131
0
346
303
(45)
560
47
46
1,388
53,133
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
42
52
9,577
9,500
35
77
1,356
2,501
96,413
1,201
2,216
84,692
155
285
11,722
937
2,255
317
189
1,406
2,042
209
760
4,275
12,390
State Appropriations
(1,821)
Actual
Actual
Headcount/FTE
Headcount/FTE
-
937
2,255
317
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
189
1,406
185
673
3,787
6,241
2,042
24
87
488
6,149
(49,839)
(5,115)
47,431
5,702
(2,408)
587
5,253
691
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
2,794
2,278
129
2,699
1,916
9,817
1,821
100
34
7,493
Net Income (Loss)
Net Income (Loss) with State Appropriations
40,208
23,240
17,699
2,605
1,004
70,811
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
53,133
Tuition Weighted SCH
8
Fall 2002 Headcount
Net Income (Loss) per Fall 2002 Headcount
(458)
849
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2003-04 Tuition Weighted Student Credit Hours
June 30, 2003
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
47,966
53,133
158
4,904
(118)
9
930
106,982
26,034
19,977
2,605
1,133
2,699
18,363
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
1,147
2
3,033
2,654
(398)
4,913
415
402
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,821
142
34
7,493
52
35
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
40,208
Graduate/
Research
Other
Allocation Basis
7,758
53,133
158
(105)
8
824
41,093
23,240
17,699
2,605
1,004
4,904
(13)
1
106
12,756
70,811
16,447
60,994
12,168
1,016
2
2,687
2,351
(352)
4,352
368
356
10,780
131
0
346
303
(45)
560
47
46
1,388
1,821
100
34
7,493
53,133
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
42
52
9,577
9,500
35
77
1,356
2,501
96,413
1,201
2,216
84,692
155
285
11,722
937
2,255
317
189
1,406
2,042
209
760
4,275
12,390
State Appropriations
(1,821)
Actual
Actual
Headcount/FTE
Headcount/FTE
-
937
2,255
317
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
189
1,406
185
673
3,787
6,241
2,042
24
87
488
6,149
(49,839)
(5,115)
46,673
6,460
(3,166)
1,345
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
2,794
2,278
129
2,699
1,916
9,817
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
53,133
Total Expenses
9
Fall 2002 Headcount
Net Income (Loss) per Fall 2002 Headcount
5,253
(603)
691
1,946
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2002-03 Student Credit Hours
June 30, 2003
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
47,966
53,133
158
4,904
(118)
9
930
106,982
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=93.2%,GR=6.8%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
26,034
19,977
2,605
1,133
2,699
18,363
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
1,147
2
3,033
2,654
(398)
4,913
415
402
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,821
142
34
7,493
52
35
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
40,208
Graduate/
Research
Other
Allocation Basis
7,758
53,133
158
(105)
8
824
41,093
16,832
17,699
2,605
1,004
70,811
14,026
52,165
12,168
1,016
2
2,687
2,351
(352)
4,352
368
356
10,780
1,821
100
34
7,493
4,904
(13)
1
106
12,756
53,133
9,202
2,278
129
2,699
4,336
18,646
131
0
346
303
(45)
560
47
46
1,388
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
42
9,577
9,500
35
77
1,356
2,501
96,413
1,201
2,216
75,863
155
285
20,551
937
2,255
317
189
1,406
2,042
209
760
4,275
12,390
State Appropriations
(1,821)
Actual
Actual
Headcount/FTE
Headcount/FTE
-
937
2,255
317
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
189
1,406
185
673
3,787
6,241
2,042
24
87
488
6,149
(41,010)
(13,944)
34,352
18,781
(6,658)
4,837
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
52
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
53,133
Effort Distrib. and FY SCH
10
Fall 2002 Headcount
Net Income (Loss) per Fall 2002 Headcount
5,253
(1,267)
691
7,000
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2002-03 Student Credit Hours
June 30, 2003
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
47,966
53,133
158
4,904
(118)
9
930
106,982
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=93.2%,GR=6.8%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
26,034
19,977
2,605
1,133
2,699
18,363
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
1,147
2
3,033
2,654
(398)
4,913
415
402
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,821
142
34
7,493
52
35
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Net Income (Loss) per Fall 2002 Headcount
Graduate/
Research
Other
Allocation Basis
7,758
53,133
158
(105)
8
824
41,093
70,811
14,026
52,165
12,168
1,016
2
2,687
2,351
(352)
4,352
368
356
10,780
1,821
100
34
7,493
4,904
(13)
1
106
12,756
53,133
9,202
2,278
129
2,699
4,336
18,646
131
0
346
303
(45)
560
47
46
1,388
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
42
9,577
9,500
35
77
1,356
2,501
96,413
1,201
2,216
75,863
155
285
20,551
937
2,255
317
189
1,406
2,042
209
760
4,275
12,390
(1,821)
Actual
Actual
Headcount/FTE
Headcount/FTE
-
937
2,255
317
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
189
1,406
185
673
3,787
6,241
2,042
24
87
488
6,149
(41,010)
(13,944)
41,808
11,325
797
5,253
152
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
52
State Appropriations
Fall 2002 Headcount
40,208
16,832
17,699
2,605
1,004
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
53,133
Total Expenses
(2,619)
691
(3,790)
11
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2003-04 Tuition Weighted Student Credit Hours
June 30, 2004
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
52,114
47,436
177
5,088
(61)
712
105,466
23,626
21,189
3,211
1,123
48
17,596
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
867
1
3,087
2,696
(238)
5,443
439
436
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
2,303
200
27
9,222
102
62
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
46,291
Graduate/
Research
Other
Allocation Basis
5,823
47,436
177
(54)
625
47,039
21,091
18,593
3,211
985
5,088
(7)
87
10,991
66,793
15,716
59,596
12,731
761
1
2,709
2,366
(209)
4,776
385
382
11,171
106
0
378
330
(29)
667
54
53
1,560
2,303
177
27
9,222
47,436
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
23
102
11,915
11,830
62
85
1,148
3,003
95,590
1,007
2,635
86,240
141
368
9,350
1,205
2,330
435
172
1,702
(1,214)
285
7,422
12,337
State Appropriations
(2,461)
Headcount/FTE
Headcount/FTE
-
1,205
2,330
435
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
172
1,702
250
6,513
8,637
(1,214)
35
909
3,700
(47,837)
(2,060)
42,345
5,091
(5,492)
3,031
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
2,535
2,596
138
48
1,880
7,197
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
47,436
Tuition Weighted SCH
12
Fall 2003 Headcount
Net Income (Loss) per Fall 2003 Headcount
5,306
(1,035)
775
3,910
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2003-04 Tuition Weighted Student Credit Hours
June 30, 2004
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
52,114
47,436
177
5,088
(61)
712
105,466
23,626
21,189
3,211
1,123
48
17,596
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
867
1
3,087
2,696
(238)
5,443
439
436
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
2,303
200
27
9,222
102
62
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
46,291
Graduate/
Research
Other
Allocation Basis
5,823
47,436
177
(54)
625
47,039
21,091
18,593
3,211
985
5,088
(7)
87
10,991
66,793
15,716
59,596
12,731
761
1
2,709
2,366
(209)
4,776
385
382
11,171
106
0
378
330
(29)
667
54
53
1,560
2,303
177
27
9,222
47,436
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
23
102
11,915
11,830
62
85
1,148
3,003
95,590
1,007
2,635
86,240
141
368
9,350
1,205
2,330
435
172
1,702
(1,214)
285
7,422
12,337
State Appropriations
(2,461)
Headcount/FTE
Headcount/FTE
-
1,205
2,330
435
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
172
1,702
250
6,513
8,637
(1,214)
35
909
3,700
(47,837)
(2,060)
42,796
4,640
(5,042)
2,580
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
2,535
2,596
138
48
1,880
7,197
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
47,436
Total Expenditures
13
Fall 2003 Headcount
Net Income (Loss) per Fall 2003 Headcount
5,306
(950)
775
3,329
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2003-04 Student Credit Hours
June 30, 2004
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
52,114
47,436
177
5,088
(61)
712
105,466
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=92.7%,GR=7.3%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
23,626
21,189
3,211
1,123
48
17,596
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
867
1
3,087
2,696
(238)
5,443
439
436
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
2,303
200
27
9,222
102
62
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
46,291
Graduate/
Research
Other
Allocation Basis
5,823
47,436
177
(54)
625
47,039
15,197
18,593
3,211
985
66,793
13,557
51,543
12,731
761
1
2,709
2,366
(209)
4,776
385
382
11,171
2,303
177
27
9,222
5,088
(7)
87
10,991
47,436
8,429
2,596
138
48
4,039
15,250
106
0
378
330
(29)
667
54
53
1,560
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
23
11,915
11,830
62
85
1,148
3,003
95,590
1,007
2,635
78,187
141
368
17,404
1,205
2,330
435
172
1,702
(1,214)
285
7,422
12,337
State Appropriations
(2,461)
Headcount/FTE
Headcount/FTE
-
1,205
2,330
435
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
172
1,702
250
6,513
8,637
(1,214)
35
909
3,700
(39,784)
(10,113)
30,512
16,924
(9,272)
6,811
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
102
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
47,436
Effort Distrib. and FY SCH
14
Fall 2003 Headcount
Net Income (Loss) per Fall 2003 Headcount
5,306
(1,748)
775
8,788
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2004-05 Faculty Effort Distributions and Fiscal Year 2003-04 Student Credit Hours
June 30, 2004
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
52,114
47,436
177
5,088
(61)
712
105,466
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=92.7%,GR=7.3%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
23,626
21,189
3,211
1,123
48
17,596
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
867
1
3,087
2,696
(238)
5,443
439
436
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
2,303
200
27
9,222
102
62
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Net Income (Loss) per Fall 2003 Headcount
Graduate/
Research
Other
Allocation Basis
5,823
47,436
177
(54)
625
47,039
66,793
13,557
51,543
12,731
761
1
2,709
2,366
(209)
4,776
385
382
11,171
2,303
177
27
9,222
5,088
(7)
87
10,991
47,436
8,429
2,596
138
48
4,039
15,250
106
0
378
330
(29)
667
54
53
1,560
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
23
11,915
11,830
62
85
1,148
3,003
95,590
1,007
2,635
78,187
141
368
17,404
1,205
2,330
435
172
1,702
(1,214)
285
7,422
12,337
(2,461)
Headcount/FTE
Headcount/FTE
-
1,205
2,330
435
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
172
1,702
250
6,513
8,637
(1,214)
35
909
3,700
(39,784)
(10,113)
38,800
8,636
(985)
5,306
(186)
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
102
State Appropriations
Fall 2003 Headcount
46,291
15,197
18,593
3,211
985
Net Income (Loss)
Net Income (Loss) with State Appropriations
Undergraduate
-
47,436
Total Expenditures
(1,477)
775
(1,905)
15
Michigan Technological University
Allocation Parameters*
Parameter
Fall 2002 Enrollment
Percent Distribution
Undergraduate
5,253
88.4%
Fall 2002 FTE (Full-Time + 1/3 Part-Time)
Percent Distribution
Parameter Average
Fall 2003 Enrollment
5,037
Fall 2003 FTE (Full-Time + 1/3 Part-Time)
Percent Distribution
Parameter Average
Fiscal Year 2002-03
Section Credits (Fall Term 2002 by Course Level)
Percent Distribution
88.6%
11.4%
5,066
Percent Distribution
Percent Distribution
Parameter Average
Fiscal Year 2003-04
Section Credits (Fall Term 2003 by Course Level)
Percent Distribution
87.7%
12.3%
3,197
6,272
6,866
Percent Distribution
Percent Distribution
Parameter Average
Student Credit Hours (Fiscal Year 2002-03 by Student Level)
Percent Distribution
Student Credit Hours (Fiscal Year 2003-04 by Student Level)
Percent Distribution
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H:\temp\attachments\New Settings Attachments\grad study 2002-03 v4.xls
3,214
3,595
33.7%
6,225
6,933
1,729
3,569
3,924
64.0%
36.0%
156,712
92.7%
9,486
10,461
4,875
9,794
36.4%
36.1%
93.2%
4,768
35.5%
63.9%
158,036
5,741
33.9%
66.3%
3,146
6,081
33.0%
34.4%
63.6%
Section Credits (Fiscal Year 2003-04 by Course Level)
1,571
65.6%
64.5%
Section Credits (Academic Year 2003-04 by Course Level)
675
11.8%
66.1%
Section Credits (Fiscal Year 2002-03 by Course Level)
775
5,671
12.7%
88.2%
67.0%
Section Credits (Academic Year 2002-03 by Course Level)
634
11.2%
87.3%
Total
5,944
11.6%
88.8%
5,306
Percent Distribution
Graduate
691
11,595
10,857
169,631
6.8%
12,363
169,075
7.3%
16
Michigan Technological University
Allocation Parameters*
Parameter
Fiscal Year 2002-03
Undergraduate
Student Credit Hours (Fiscal Year 2002-03 Resident Lower Division)
In-State per Credit LD Tuition Rate
76,626
$241.00
Student Credit Hours (Fiscal Year 2002-03 Resident Upper Division)
In-State per Credit UD Tuition Rate
59,229
$253.00
Student Credit Hours (Fiscal Year 2002-03 Non-Resident Lower Division)
Out-of-State per Credit LD Tuition Rate
9,355
$590.00
Student Credit Hours (Fiscal Year 2002-03 Non-Resident Upper Division)
Out-of-State per Credit UD Tuition Rate
12,827
$613.00
Student Credit Hours (Fiscal Year 2002-03 Resident Graduate)
In-State per Credit Graduate Tuition Rate
Percent Distribution
8,143
$1,091.00
46,833,737
81.4%
Fiscal Year 2003-04
Student Credit Hours (Fiscal Year 2003-04 Resident Undergraduate)
In-State per Credit Tuition Rate
141,950
$227.00
Student Credit Hours (Fiscal Year 2003-04 Non-Resident Undergraduate)
Out-of-State per Credit Tuition Rate
14,762
$590.00
10,716,760
3,913
$398.00
Student Credit Hours (Fiscal Year 2003-04 Non-Resident Graduate)
Out-of-State per Credit Graduate Tuition Rate
8,451
$398.00
Percent Distribution
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H:\temp\attachments\New Settings Attachments\grad study 2002-03 v4.xls
40,931,935
89.3%
57,550,497
18.6%
Student Credit Hours (Fiscal Year 2003-04 Resident Graduate)
In-State per Credit Graduate Tuition Rate
Tuition weighted SCH
Total
3,452
$531.00
Student Credit Hours (Fiscal Year 2002-03 Non-Resident Graduate)
Out-of-State per Credit Graduate Tuition Rate
Tuition weighted SCH
Graduate
4,920,574
45,852,509
10.7%
17
Michigan Technological University
Allocation Parameters*
Parameter
Fall 2004
Undergraduate
Student Credit Hours (Fall 2004 Resident UG)
In-State per Credit Tuition Rate
71,790
$232.60
Student Credit Hours (Fall 2004 Non-Resident UG)
Out-of-State per Credit Tuition Rate
5,574
$605.00
Graduate
Student Credit Hours (Fall 2004 Resident Graduate)
In-State per Credit Graduate Tuition Rate
1,988
$432.00
Student Credit Hours (Fall 2004 Non-Resident Graduate)
Out-of-State per Credit Graduate Tuition Rate
4,126
$432.00
Tuition weighted SCH
Percent Distribution
20,070,508
88.4%
2,641,140
Total
22,711,648
11.6%
*Note: All parameters exclude distance learning
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H:\temp\attachments\New Settings Attachments\grad study 2002-03 v4.xls
18
Appendix III: Addendum
Addendum Summary:
To bring the calculations into the current year, we have attached all the allocation
methods, using Fiscal Year 2005 financial information. This brings the costs and
revenues up to the time period ending June 30, 2005.
Not surprisingly, the outcomes of using the current year’s financial information is similar
to the conclusions drawn from the earlier year’s calculations, as described in the main
body of this report.
Summary of Net Profit/Loss After Allocating State Appropriations
For Undergraduate Instruction and Graduate Instruction/Research
Fiscal Years 2004-2005 – Numbers in 000’s
Undergraduate
Graduate/
Research
State Appropriations Allocated on Faculty Salary
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
115
(3,633)
1,719
5,467
State Appropriations Allocated on Total Expenditures
Tuition Weighted Student Credit Hours
Faculty Effort and Student Credit Hours
551
4,854
1,283
(3,020)
State Appropriations Allocated on Workforce Investment Needs Plan*
Tuition Weighted Student Credit Hours
(7,834)
Faculty Effort and Student Credit Hours
850
9,668
984
*This method of allocating revenue and costs is based on the State of Michigan's newly
proposed formula for calculating State Appropriations to Michigan's public universities.
This formula uses three main characteristics to appropriate funds to every university:
enrollment, degrees granted, and federal research funding. This proposed method is
shown as the third allocation method above and was not used in the calculations in
previous years because it was unknown when the committee was active. If this method
of allocating State Appropriations to public universities is adopted, it will further
reinforce the committee's conclusion that graduate instruction and research is both cost
effective and necessary to the long-term prosperity of Michigan Technological
University.
Attachment: 6 Data Files of Fiscal Year 2005 information
19
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2004-05 Tuition Weighted Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
52,786
49,670
193
5,659
(150)
747
108,905
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
16,681
60,696
2,028
7,398
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
73
1
332
305
(28)
681
59
41
1,463
1,790
2,151
189
21
8,734
1
72
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
88,761
155
534
9,703
1,834
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(44,225)
(3,611)
44,340
5,330
115
1,719
5,349
795
22
2,162
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
2,683
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
22,320
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
Tuition Weighted SCH
20
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
52,786
49,670
193
5,659
(150)
747
108,905
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=92.6%,GR=7.4%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
14,255
52,011
4,454
16,083
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
1,790
2,151
189
21
8,734
1
72
73
1
332
305
(28)
681
59
41
1,463
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
80,077
155
534
18,387
1,834
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(35,540)
(12,296)
31,907
17,763
(3,633)
5,467
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
8,941
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
16,062
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
Effort Distrib. and FY SCH
21
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount
5,349
(679)
795
6,877
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2004-05 Tuition Weighted Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
52,786
49,670
193
5,659
(150)
747
108,905
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
16,681
60,696
2,028
7,398
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
73
1
332
305
(28)
681
59
41
1,463
1,790
2,151
189
21
8,734
1
72
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
88,761
155
534
9,703
1,834
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(44,225)
(3,611)
44,775
4,895
551
1,283
5,349
795
103
1,614
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
2,683
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
22,320
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
Total Expenditures
22
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
52,786
49,670
193
5,659
(150)
747
108,905
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=92.6%,GR=7.4%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
14,255
52,011
4,454
16,083
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
1,790
2,151
189
21
8,734
1
72
73
1
332
305
(28)
681
59
41
1,463
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
80,077
155
534
18,387
1,834
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(35,540)
(12,296)
40,395
9,275
4,854
(3,020)
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
8,941
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
16,062
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
Total Expenditures
23
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount
5,349
908
795
(3,799)
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on 2004-05 Tuition Weighted Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (UG=89.3%,GR=10.7%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
52,786
49,670
193
5,659
(150)
747
108,905
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
16,681
60,696
2,028
7,398
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
73
1
332
305
(28)
681
59
41
1,463
1,790
2,151
189
21
8,734
1
72
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
88,761
155
534
9,703
1,834
Tuition Weighted SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(44,225)
(3,611)
36,391
13,279
(7,834)
9,668
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
2,683
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
22,320
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
State WIN Algorithm
24
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount
5,349
(1,465)
795
12,161
Michigan Technological University
Income Statement with Undergraduate and Graduate/Research Split
Faculty Salaries Split on Estimated 2005-06 Faculty Effort Distributions and Fiscal Year 2004-05 Student Credit Hours
June 30, 2005
Numbers in 000's
General Fund Total
Revenue:
Tuition and Fees
State Appropriations
Capital Appropriations
Grants and Contracts
Indirect Cost Recoveries
Investment Income (loss)
Auxiliary Activities
Miscellaneous Revenue
52,786
49,670
193
5,659
(150)
747
108,905
Total Revenue
Expense:
Salaries, Wages & Fringes:
Faculty Salaries (Rsch=30.6%,UG=92.6%,GR=7.4%)
Non-Faculty Salaries
Graduate Students (GA/GTA)
Undergrad Students
GRA/GTA NR Tuition Differential
Fringe Benefits
Salaries and Fringes Total
25,003
20,429
2,829
1,124
584
5
2,660
2,445
(224)
5,465
470
325
Tuition/Fellowships/Scholarships:
Athletic Grant - Tuition Allow
Tuition GA/GTA
Special Tuition
National Merit Scholarship
Scholarships
Departmental Awards
Minority Academic Scholar Award
Fellowships
Financial Aid Total
1,794
2,151
206
21
8,735
1
72
130
Travel and Business Meals
Utilities
Depreciation
Total Expense
Transfers:
Research Matching Grants
Research Incentive
Research Excellence
Federal Financial Aid
Athletic Grant In Aid
Graduate Student Support
Plant Improvement
Debt Service
Other Transfers
Total Transfers (Out)
Other
49,670
193
(131)
654
47,239
5,659
(19)
93
11,996
68,094
14,255
52,011
4,454
16,083
11,730
511
4
2,328
2,140
(196)
4,784
411
284
10,267
1,790
2,151
189
21
8,734
1
72
73
1
332
305
(28)
681
59
41
1,463
-
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
Headcount/FTE
-
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
1
1,244
4,286
98,464
1,089
3,752
80,077
155
534
18,387
1,834
Effort Distrib. and FY SCH
Headcount/FTE
Actual
Headcount/FTE
Actual
Non-UG Salary Distribution
17
130
152
State Appropriations
49,670
4
12,958
Headcount/FTE
Headcount/FTE
-
(1,334)
(2,768)
(439)
Actual
Actual
Actual
Actual
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
(181)
(73)
(2,448)
(2,702)
(1,005)
(10)
(349)
(5,905)
(35,540)
(12,296)
36,391
13,279
850
984
5,349
795
159
1,237
Actual
None
Actual
Actual
Headcount/FTE
Headcount/FTE
Headcount/FTE
140
13,110
(1,334)
(2,768)
(439)
(181)
(1,005)
(83)
(2,797)
(8,607)
Allocation Basis
6,263
8,941
2,547
Net Income (Loss)
Net Income (Loss) with State Appropriations
46,523
Graduate/
Research
16,062
17,882
2,829
984
18,709
Supplies and Equipment:
Capital Expenditures
Athletic Expenses
Contracted Services
Internal Services Exp
Internal Services Recovery
Supplies and Materials
Other Operating Expenses
Leases/Rentals
Supplies and Materials Total
Undergraduate
-
49,670
State WIN Algorithm
25
Fall 2004 Headcount
Net Income (Loss) per Fall 2004 Headcount