2015 Chancellor's Budget

Page 1

THE DIVISION OF FINANCE + ADMINISTRATION

THE

CHANCELLOR’S BUDGET

2015


TABLE OF CONTENTS CAPSULE OF CAMPUS DATA

CAMPUS BUDGET

ENROLLMENT

HUMAN RESOURCES

HOUSNG



THE CHANCELLOR’S BUDGET

CAPSULE OF CAMPUS DATA


Capsule of Campus Data

USC Aiken Fall Enrollment

Fall 2012

Colleges & Schools

Fall 2013

Total Students

College of Humanities & Social Sciences

Full-Time

2,453

Part-time

758

Total Fall Enrollment

2,430 College of Sciences 869 School of Business Administration

3,211

3,299 School of Education School of Nursing

Total Students Undergraduate

3,124

Graduate

3,175

87

Total Fall Enrollment

Specialized Accrediatation

124 National League for Nursing

3,211

3,299 National Ciouncil for Accreditation of Teacher Education Association to Advance Collegiate School of Business

Full-Time Equiv. Students

Masters in Psychology Accreditation Council

Undergraduate

2,707

Graduate Total FTEs

2,600 National Association of Schools of Music

42

48

2,749

2,648

Degrees Offerred Bachelor of Arts (B.A.)

*FTE= Full Time Equivalent

Bachelor of Sciences (B.S.) Bachelor of Science in Business Administration Bachelor of Arts in Education

Degrees Awarded

FY 11-12

Bachelor of Science in Education

FY 12-13

Bachelor's

536 Bachelor of Arts in Special Education

505

Master's

16 Bachelor of Arts in Interdisciplinary Studies

15

Bachelor of Science in Interdisciplinary Studies Total Degrees

520

552 Bachelor of Science in Nursing Master of Education (M.Ed.) Master of Science (M.S.)

Grant Activity

FY 11-12

FY 12-13 Special Programs

Grant Expenditures by Purpose Research Public Service Scholarships Other Total

Bachelor of Science in Business Adminstration $824,557 656,722

$178,782

664,658 Bachelor of Arts in Elementary Education at

12,425,767

12,528,998

457,538

833,380

$14,364,584

at USC Sumter

USC Salkehatchie

$15,105,818

Professor

34

Associate Professor

37

Source: Office of Institutional Planning and Assessment Online Fact Book - Student, Degrees 33 Awarded, and Faculty data. USC accounting records - grant expenditures. 42

Assistant Professor

42

42

Instructors

41

41

154

158

Full-Time Ranked Faculty

Total

FALL 2012

FALL 2013



THE CHANCELLOR’S BUDGET

CAMPUS BUDGET


+++++++++++++++++++++ +++++++++++++++++++++ +++++++++++++++++++++ +++++++++++++++++++++ +++++++++++ FUND DESCRIPTIONS

A FUNDS UNIVERSITY OPERATING/GENERAL FUNDS Primarily funded by tuition and state support B FUNDS AUXILIARY OPERATIONS Ex. Dining, Operations, Convocation Center Expected to be self-supporting D FUNDS STUDENT SERVICES Includes Athletics E FUNDS OTHER ENTERPRISE SERVICES Ex. Etherredge Center, Wellness Center, Children’s Center Generally expected to be self-supporting R FUNDS CAMPUS DISCRETIONARY FUNDS Funded by bookstore and concessions S FUNDS SCHOLARSHIP + FELLOWSHIP FUNDS RESTRICTED FUNDS FUNDS WITH SPECIFICATIONS REQUIRED BY GRANTOR OR SPONSORING ORGANIZATION Ex. Grant + Contract Activities, Federal Loans or Grants



3,385 3,236 1,849

Institutional Support

Operation & Maint of Plant

Scholarships & Fellowships

Net Fund Balance

5,800

30,601

3,861

Student Services

Total Fund Uses

2,768

271

Academic Support

Public Service

6,048

32,435

1,758

3,230

3,708

4,047

3,289

285

0

5,306

34,836

1,776

3,471

3,692

4,119

3,425

288

0

78%

208

6,232

24,865

Actual FY13

90

6,563

25,860

Projected FY14

Transfers 1%

Other Revenue 0%

90

7,136

26,598

Proposed FY15

Major Revenue Sources by Year

Tuition and Fees Fund Sources 78% - FY 15 *excludes prior year fund balance State Appropriatio 21% Other Revenue 0% State Tuition and Fees Transfers 1% Appropriations 21%

2

Research

18,065

Other Revenue

16,118

Tuition and Fees

15,229

40,142

0

5,000

10,000

15,000

20,000

25,000

Instruction

38,483

6,048

270

90

7,136

26,598

30,000

State Appropriations

36,401

5,800

170

90

6,563

25,860

Proposed FY15

Fund Uses

Total Fund Sources

4,627

469

Transfers

Prior Year's Fund Balance

208

6,232

24,865

Actual FY13 Projected FY14

Other Revenue

State Appropriations

Tuition and Fees

Fund Sources

Dollars are in thousands '000'

General "A" Fund Sources and Uses Summary

USC Aiken


University of South Carolina Aiken

General Funds Sources and Uses Summary FY 2014 PROJECTED

FY 2015 PROPOSED

REVENUE AND FUNDS SOURCES STATE APPROPRIATIONS Appropriation Retirement Health Insurance Parity Funding - Recurring Parity Funding - One Time Higher Education - Efficiency, Effeciveness, Accountability Funding for 2.0% Pay Increase TOTAL APPROPRIATION

6,232,281 0 80,521 250,000 0 0 0 6,562,802

STUDENT FEES Student Fee Base Enrollment Increase (Decrease) Student Fee Base Adjustment (One-Time International/Other Enrollment - FY14) Lost Revenue due to Moving Hourly Rate to 1/12 New Program MBA New Fees Requested Proposed Tuition Increase TOTAL STUDENT FEES

24,865,460 * 994,540

25,860,000

CAMPUS GENERATED AND OTHER

Sales and Service Transfers - Palmetto College - Recurring Transfers

TOTAL CAMPUS GENERATED AND OTHER TOTAL REVENUE AND FUNDS SOURCES

EXPENDITURES AND FUNDS USES

90,003 280,500 -110,000 260,503 32,683,305

32,626,870

EXPENSE CHANGES

Increase - Pay Increase of 2.0% Increase - Health Insurance Increase - Retirement One Time: Palmetto College Palmetto College - Recurring ACA Insurance Promotion and Tenure/Other Personnel One-time New Faculty Startup - Psychology Insurance Increases Utility & Other Increases COPLAC Dues and Expenses Increase Allowance for Doubtful Accounts Add Back: One-Time Expense Savings (Vacancies/Other) Add Back: FY14 One-Time Expenses (Innovation Fund, Faculty Startup) One-Time: Continue Marketing & Recruitment Expenses One-Time: Continue RISE Grants Expenses Related to New Programs (MBA) Expenses Related to New Fees Requested Higher Education Efficiency, Effectiveness, Accountability Other Campus Allocations: On Going (Strategic Comp., Safety Related, Tech.) One-Time: Other Campus Allocations: (Temp Recruiters, Safety Upgrades, Maint.)

280,500 -96,785

-375,000

TOTAL EXPENSE CHANGE

* - FY 14 and FY 15 Student Fee Base includes $237,338 Palmetto College revenue

79.12%

32,435,585 247,720 5,799,981 6,047,701

20.93%

25,860,000 * 0 -200,000 -50,000 158,400 121,200 708,000 78.01% 26,597,600

0.80%

90,002 280,500 -10,000 360,502

1.06%

100%

34,094,507

100%

FY 2014 PROJECTED

EXPENDITURE BASE

TOTAL EXPENDITURES AND FUNDS USES FY CHANGE IN FUND BALANCE BEGINNING FUND BALANCE ENDING FUND BALANCE

20.08%

6,562,802 0 85,254 100,000 200,000 58,922 129,427 7,136,405

FY 2015 PROPOSED 32,435,585 389,350 80,605 50,015 220,000 0 100,000 195,000 15,000 25,000 75,000 10,000 50,000 375,000 -407,000 255,000 35,000 193,200 121,200 58,922 320,503 239,000 2,400,795 34,836,380 -741,873 6,047,701 55,305,828

16.22% 3.36% 2.08% 9.16% 0.00% 4.17% 8.12% 0.62% 1.04% 3.12% 0.42% 2.08% 15.62% -16.95% 10.62% 1.46% 8.05% 5.05% 2.45% 13.35% 9.96% 100.00%


7,547,490

Total

38,586,120

10,479,739

Total Uses

Ending Fund Balance

3,645,203

Total Auxiliary Enterprises

6,047,701

32,435,585

0

1,758,485

3,229,719

3,707,809

32,435,585

3,236,209

Operation and Maintenance of Plant

2,707,329

3,811,292

Institutional Support

4,047,392

34,940,917

5,224,748

Student Services

3,289,379

284,502

0

16,118,299

38,483,286

5,970,481

Total Educational & General Expenditures

3,007,349

Academic Support

170,500 5,799,981

Scholarships and Fellowships

1,327,214

93,183

15,533,593

Public Service

Research

Instruction

Educational and General

Uses

49,065,859

9,381,424

Total Resources

(1,833,934)

Net Transfers

Beginning Fund Balance

Transfers and Prior Year Balances

32,512,805

0

5,734,167

41,518,369

Sales and Service Auxiliary Enterprises

Total Unrestricted Revenue

0 90,003

581,203

1,907,755

Grants, Contracts, and Gifts

6,562,802

25,860,000

6,232,281

27,062,963

General

Sales and Service Educational and Other Sources

State Appropriations

Tuition and Fees

Revenue

Resources

Total Unrestricted Funds

ACTUAL 2013

4,556,635

8,236,296

3,757,411

4,478,885

840,000

0

382,727

1,422,344

400,304

1,036,565

110,430

386,515

12,792,931

2,217,936

4,679,758

(2,461,822)

10,574,995

6,024,875

1,907,390

364,195

0

2,278,535

Other

0

(2,291,322)

10,604,336

40,671,881

3,757,411

36,914,470

2,598,485

3,229,719

4,090,536

5,469,736

3,689,683

1,321,067

110,430

16,404,814

51,276,217

8,188,417

10,479,739

5,305,828

34,836,380

0

34,836,380

1,776,485

3,471,090

3,691,589

4,119,225

3,424,894

288,498

0

18,064,599

40,142,208

6,318,201

6,047,701

270,500

33,824,007

6,024,875 43,087,800

0 90,002

364,195

7,136,405

1,997,393

26,597,600

6,562,802

General

28,138,535

Total Unrestricted Funds

PROJECTED 2014

4,956,246

7,994,703

3,426,409

4,568,294

0

840,000

404,793

1,436,522

404,148

1,046,917

146,534

289,380

12,950,949

1,927,924

4,556,635

(2,628,711)

11,023,025

6,378,845

1,915,020

367,840

0

2,361,320

Other

10,262,074

42,831,083

342,649

39,404,674

1,776,485

4,311,090

4,096,382

5,555,747

3,829,042

1,335,415

146,534

18,353,979

53,093,157

8,246,125

10,604,336

(2,358,211)

44,847,032

6,378,845

2,005,022

367,840

7,136,405

28,658,920

Total Unrestricted Funds

PROPOSED 2015

100%

8%

92%

4.15%

10.07%

9.56%

12.97%

8.94%

3.12%

0.34%

42.85%

100%

16%

20%

-4%

84%

12.01%

3.78%

0.69%

13.44%

54.54%

Pct of Resources or Uses

Statement of Current Unrestricted Funds Resources and Uses

UNIVERSITY OF SOUTH CAROLINA AIKEN BUDGET SUMMARY

4,614,555

35,184,744

0

35,184,744

1,794,250

3,505,801

3,728,505

4,160,417

3,459,143

291,383

0

18,245,245

39,799,299

5,576,328

5,305,828

270,500

34,222,971

0

90,002

0

7,136,405

26,996,564

General

5,363,651

8,050,980

3,460,675

4,590,305

840,000

0

408,081

1,436,555

408,024

1,057,372

147,999

292,274

13,414,631

2,328,260

4,956,246

(2,627,986)

11,086,371

6,442,191

1,915,020

367,840

0

2,361,320

Other

9,978,206

43,235,724

3,460,675

39,775,049

2,634,250

3,505,801

4,136,586

5,596,972

3,867,167

1,348,755

147,999

18,537,519

53,213,930

7,904,588

10,262,074

(2,357,486)

45,309,342

6,442,191

2,005,022

367,840

7,136,405

29,357,884

Total Unrestricted Funds

PRELIMINARY 2016

100%

8%

92%

6.09%

8.11%

9.57%

12.95%

8.94%

3.12%

0.34%

42.88%

100%

15%

19.28%

4.43%

85%

12.11%

3.77%

0.69%

13.41%

55.17%

Pct of Resources or Uses


3,385,639 3,236,209 1,848,877

Institutional Support

Operation and Maintenance of Plant

Scholarships and Fellowships

Note: Based on FY2013 Final Post-Close

FUND BALANCE

TOTAL USES

Auxiliary Expenditures

0

0

0

0

5,799,981

897,461

1,746,669 1,746,669

0

0

0

0

0

0

0

0

0

0

2,644,130

983,102

(2,106,773)

(5,876,442)

3769669

3,767,801

3,767,801

B Funds

30,601,636

30,601,636

3,860,931

Student Services

Total

2,768,084

Academic Support

270,656

2,117

Research

Public Service

15,229,123

36,401,617

4,627,026

469,434

(5,796)

475,230

31,305,157

0

112,768

94,663

6,232,281

24,865,445

A Funds

Instruction

Educational and General Expenditures

USES

TOTAL RESOURCES

Prior Year's Fund Balance

Net Transfers

Transfers - Out

Transfers - In

Transfers

Total

Sales & Service of Auxiliary Enterprise

Sales & Service of Educ. And Other Sources

Grants, Contracts, and Gifts

State Appropriations

Tuition and Fees

Revenue

RESOURCES

0

0

0

0

701,643

1,898,534

1,898,534

0

0

0

0

0

0

0

0

0

2,600,177

868,240

(234,429)

(234,654)

225

1,966,366

1,966,366

C Funds

540,273

1,360,228

0

1,360,228

0

0

0

1,359,754

474

0

0

0

1,900,501

554,872

(711,935)

(1,648,609)

936,674

2,057,564

0

474,615

82,045

0

1,500,904

D Funds

2,540,689

2,015,307

0

2,015,307

0

0

329,817

3,013

231,441

1,055,500

91,066

304,470

455,996

2,346,844

(198,336)

(1,314,065)

1,115,729

2,407,455

0

1,318,972

391,869

0

696,614

E Funds

0

0

(308)

105,294

0

105,294

0

0

95,836

1,050

7,350

1,058

0

0

104,986

1,307

89,653

(12,124)

101,777

14,026

0

1,400

12,626

R Funds

0

0

0

0

0

0

0

858,452

0

858,452

858,452

0

0

0

0

0

0

0

858,452

0

858,452

0

858,452

S Funds

10,479,739

38,586,120

3,645,209

34,940,917

2,707,329

3,236,209

3,811,292

5,224,748

3,007,349

1,327,214

93,183

15,533,593

49,065,859

9,381,424

(1,833,934)

(9,091,690)

7,257,756

41,518,369

5,734,167

1,907,755

581,203

6,232,281

27,062,963

TOTAL


FY2015 BUDGET SUMMARY OF AUXILIARY FUNDS ACTUAL 2013

PROJECTED PROPOSED 2015 2014

PRELIMINARY 2016

REVENUE Athletics Bookstore Convocation Center Housing Food Services Vending and Concessions (Designated) Total

40,237 1,402,912 393,236 3,767,801 92,455 37,526 5,734,167

40,000 1,300,000 351,175 4,200,000 95,000 38,700 6,024,875

40,460 1,300,000 334,875 4,554,710 110,000 38,800 6,378,845

40,770 1,313,000 338,225 4,600,257 111,099 38,840 6,442,191

EXPENDITURES Athletics Bookstore Convocation Center Housing Food Services Vending and Concessions (Desingated) Total

24,227 1,374,788 437,854 1,746,669 58,009 3,656 3,645,209

32,539 1,200,000 336,172 1,950,000 235,000 3,700 3,757,411

30,960 1,141,500 319,500 1,865,649 65,000 3,800 3,426,409

31,270 1,152,915 322,695 1,884,306 65,649 3,840 3,460,675

Mandatory Transfers (Net) Athletics Bookstore Convocation Center Housing Food Services Vending and Concessions (Designated) Total

0 0 0 (2,106,773) 0 0 (2,106,773)

0 0 0 (2,440,356) 0 0 (2,440,356)

0 0 0 (2,444,506) 0 0 (2,444,506)

0 0 0 (2,443,781) 0 0 (2,443,781)

Non-Mandatory Transfers (Net) Athletics Bookstore Convocation Center Housing Food Services Vending and Concessions (Designated) Total

(20,426) (178,856) 0 0 0 (35,147) (234,429)

(9,500) (158,500) 0 0 0 (35,382) (202,382)

(9,500) (158,500) 0 0 0 (3,500) (203,000)

(9,500) (158,500) 0 0 0 (35,000) (203,000)

(5,986,405)

(6,401,149)

(6,073,915)

(6,107,456)

(4,416) (150,732) (44,618) (85,641) 34,446 (1,277) (252,238)

(2,039) (58,500) 15,003 (190,356) (140,000) (382) (376,274)

0 0 15,375 244,555 4,500 0 304,930

0 1,585 15,530 272,170 45,450 0 334,735

2,039 619,106 (73,507) 897,461 153,623 382 1,599,104

0 560,606 (58,504) 707,105 13,623 0 1,222,830

0 560,606 (43,129) 951,660 58,623 0 1,527,760

0 56,291 (27,599) 1,223,830 104,073 0 1,862,495

Total Expenditures and Transfers Net Revenue (After Expenditures and Transfers) Athletics Bookstore Convocation Center Housing Food Services Vending and Concessions (Designated) Total Fund Balance Athletics Bookstore (1) Convocation Center (2) Housing (3) Food Services (4) Vending and Concessions (Desingated) TOTAL AUXILIARY ENDING FUND BALANCE Notes:


FY 2015 BUDGET SUMMARY OF AUXILIARY FUNDS (CONTINUED)

NOTES: 1) Bookstore revenues experienced a slight decline in FY14 due to increased online competition. Efforts are in place to stabilize sales levels. Expenses will continue to be monitored closely. 2) Through a combination of increasing revenues and reducing expenditures, the USC Aiken Convocation Center plans to reduce the accumulated deficit by approximately $15, 000 per year. System administration has been consulted and is in agreement with this plan. 3) Housing revenue is expected to increase due to the proposed 1% rate increase ($42,000), 60 additional students due to enrollmentincluding Pacer Pathway Residential Program ($276,000), as well as increased camps and other revenue ($36,000). FY14 expenditures include approximately $265,000 in one-time expenses. Modest increases in expenditures for FY14 include utility increases, state-mandated salary and benefit increases, service contract inflation, etc. Housing again plans to use a “Housing Grants� program in FY15. This program is explained in the notes in the fee section of this document. 4) FY14 Food Services expenses include a one-time use of fund balance related to the addition of the campus Starbucks.


38.9%

23.80%

762083183 22.9%

936,017,559

214,002,847

FY07

Benchmark Year (Note 2)

16.3%

1,080,680,683

176,169,279

FY10

5 Years Ago

16.9%

53,550,862

9,023,797

FY10

5 Years Ago

USC SYSTEM

N/A

25.0%

45,970,299

11,479,485

FY07

Benchmark Year (Note 2)

9.7%

1,204,229,173

116,978,761

FY12

Benchmark Year (Note 2)

N/A

10.9%

56,372,056

6,149,676

FY12

Benchmark Year (Note 2)

10.8%

1,338,209,368

144,162,441

FY15

Current Year

12.6%

59,722,132

7,511,405

FY15

Current Year

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

FY00

FY05

FY07

FY05 FY07 FY10 FY12 FY15

USC AIKEN FY00

FY10

FY12

38.3% 24.80% 25% 16.9% 10.9% 12.6%

USC SYSTEM USC AIKEN

FY15

USC SYSTEM 38.9% 23.80% 22.9% 16.3% 9.7% 10.8%

State Appropriations as a Percentage of Total Budget

Note 2: Selected Benchmark Years are used to compare calculations for USC Aiken to the USC System to validate consistency with the document titled, "Delivering on the Promise." Figures for the USC System for the Benchmark Years are the same as those portrayed in the "Delivering on the Promise" document, validating the USC Aiken calculations.

Note 1: There is a small amount of state appropriation money that is restricted in use. The amounts above are reflective of UNRESTRICTED state appropriations as a % of total budget.

Source: USC Budget Documents for selected years

State Appropriation as % of Total Budget

583,662,986

Total Current Funds Budget

181493600

FY05

FY00 227,226,197

10 Years Ago

24.80%

40313650

Benchmark Year (Note 2)

N/A

38.3%

State Appropriation

Previously Reported (Note 1)

State Appropriation as % of Total Budget

31,676,552

Total Current Funds Budget

10002877

FY05

12,118,853

FY00

State Appropriation

10 Years Ago

Benchmark Year (Note 2)

USC AIKEN


USC Aiken

Tuition & Fees Per Semester 2013-2014

$ Change

2014-2015

% Change

Resident Undergraduate Tuition:

Educational and General Institution Bond Campus Activity Student Health Campus Media Athletic Activity

3,978.00 241.00 28.00 32.00 5.00 225.00

118.00 0.00 0.00 0.00 0.00 24.00

Total Tuition

4,509.00

142.00

8,494.00

241.00 28.00 32.00 5.00 225.00

256.00 0.00 0.00 0.00 0.00 24.00

9,025.00

280.00

2.97% 0.00% 0.00% 0.00% 0.00% 10.67% -

3.15%

Non-resident Undergraduate Tuition:

Educational and General Institution Bond Campus Activity Student Health Campus Media Athletic Activity Total Tuition

3.01% 0.00% 0.00% 0.00% 0.00% 10.67% 9,305.00

3.10%

sh


University of South Carolina Aiken FY 2015 Schedule of Designated Funds ACTUAL 2013 Revenue

PROJECTED PROPOSED PRELIMINARY 2014 2015 2016

14,026

24,500

13,300

13,300

Expenditures Chancellor/Dean Academic Affairs Student Affairs Development and Advancement Institutional Support University Events Scholarships Other Total

13,321 3,442 5,403 5,096 2,670 29,512 0 0 105,294

6,600 11,000 3,200 50,000 1,500 36,892 0 0 109,192

6,600 11,000 3,200 45,000 1,500 31,000 0 0 98,300

6,600 11,000 320 45,000 1,500 31,000 0 0 98,300

Non-Mandatory Transfers Transfer-In from Concessions Transfer-In from Game Machines Transfer-In from Vending Transfer-In from Bookstore Other Non-Mandatory Transfers

0 0 35,148 54,505 0

0 0 35,000 50,000 0

0 0 35,000 50,000 0

0 0 35,000 50,000 0

Total

89,653

85,000

85,000

85,000

Change in Fund Balance

(1,615)

308

0

0

Beginning Fund Balance

1,307

(308)

0

0

0

0

0

Ending Fund Balance

(308)


University of South Carolina Aiken FY 2015 SOURCES AND USES OF LOCAL FUNDS ACTUAL 2013

PROJECTED 2014

PROPOSED 2015

Sources: Aiken County Appropriation (to ACCHE) Total

741,490

738,295

739,800

741,490

738,295

739,800

641,490

638,295

639,800

100,000

100,000

100,000

741,490

738,295

739,800

Uses: Local Funds expended by Commission on behanf of the Campus for: Capital Projects (Debt Service) Local Funds expended by Campus for Private or Other Grants Total

NOTE: The Aiken County Commission for Higher Education receives millage support from Aiken County. The major portion of this millage will be used for debt repayment of $7 million in bonds issued on behalf of USC Aiken projects by Aiken County. The remaining local funds expended are for support of campus maintenance projects.



Research Institutions $6,934 $5,778 $7,608

$3,656 $3,656 $3,656 $3,656 $2,600 $2,500 $2,248 $2,976 $2,600 $2,394 $2,836 $2,346 $2,496 $2,596 $2,660 $2,600 $2,450 $2,446 $2,112 $2,736 $6,356 $5,467 $5,629 $3,656 $2,537 $2,761

Two-Year Regional Campuses of USC4 USC Lancaster USC Salkehatchie USC Sumter USC Union

Technical Colleges Aiken TC Central Carolina TC Denmark TC Florence-Darlington TC Greenville TC Horry-Georgetown TC Midlands TC Northeastern TC Orangeburg-Calhoun TC Piedmont TC Spartanburg CC TC of the Lowcountry Tri-County TC Trident TC Williamsburg TC York TC

Research, excluding MUSC Teaching 5 All 4-Year, excluding MUSC 5 2-Year Regional Campuses Technical Colleges All 2-Year

$7,128 $6,142 $6,321 $4,058 $2,708 $2,978

$2,836 $2,500 $2,278 $2,986 $2,900 $2,680 $2,908 $2,346 $2,640 $2,740 $2,806 $2,900 $2,546 $2,688 $2,692 $2,886

$4,058 $4,058 $4,058 $4,058

$5,900 $6,100 $6,202 $5,540 $5,866 $6,170 $5,622 $4,670 $6,060 $7,816

$7,840 $6,416 $8,368

2004-05

$8,100 $6,745 $6,991 $4,324 $2,834 $3,132

$3,036 $2,700 $2,378 $3,026 $3,000 $2,800 $3,004 $2,526 $2,640 $2,860 $2,902 $3,050 $2,738 $2,950 $2,692 $3,036

$4,324 $4,324 $4,324 $4,324

$6,522 $6,860 $6,668 $5,984 $6,668 $6,480 $6,128 $5,214 $6,636 $8,756

$8,886 $7,314 $9,302

2005-06

$8,604 $7,197 $7,431 $4,652 $2,956 $3,295

$3,190 $2,900 $2,278 $3,190 $3,190 $2,944 $3,100 $2,646 $2,832 $2,956 $3,094 $3,050 $2,856 $3,114 $2,830 $3,124

$4,652 $4,652 $4,652 $4,652

$7,168 $7,500 $7,234 $6,512 $7,162 $7,278 $6,670 $5,724 $7,218 $9,500

$9,400 $7,808 $10,277

2006-07

$9,108 $7,642 $7,887 $4,868 $3,045 $3,410

$3,298 $2,920 $2,278 $3,190 $3,290 $3,114 $3,244 $2,982 $2,832 $3,076 $3,194 $3,150 $2,976 $3,220 $2,830 $3,124

$4,868 $4,868 $4,868 $4,868

$7,735 $7,600 $7,778 $7,038 $7,728 $7,318 $7,006 $6,250 $7,760 $10,210

$9,870 $8,346 $10,790

2007-08

$9,723 $8,338 $8,569 $5,264 $3,162 $3,583

$3,506 $3,020 $2,378 $3,190 $3,396 $3,194 $3,360 $3,270 $3,048 $3,076 $3,314 $3,270 $3,060 $3,330 $2,942 $3,244

$5,264 $5,264 $5,264 $5,264

$8,428 $8,650 $8,400 $7,682 $8,380 $7,806 $7,532 $7,000 $8,342 $11,160

$10,608 $8,838 $11,731

2008-09

$10,117 $8,725 $8,957 $5,528 $3,297 $3,743

$3,626 $3,308 $2,492 $3,302 $3,492 $3,206 $3,608 $3,342 $3,218 $3,334 $3,434 $3,382 $3,168 $3,450 $3,042 $3,352

$5,528 $5,528 $5,528 $5,528

$8,735 $8,950 $8,988 $7,960 $8,760 $8,462 $7,900 $7,250 $8,642 $11,606

$11,078 $9,156 $12,937

2009-10

$10,820 $9,283 $9,539 $5,864 $3,436 $3,921

$3,706 $3,380 $2,500 $3,526 $3,616 $3,357 $3,680 $3,342 $3,434 $3,540 $3,576 $3,556 $3,465 $3,530 $3,264 $3,496

$5,864 $5,864 $5,864 $5,864

$9,871 $9,390 $9,616 $8,480 $9,144 $8,898 $8,374 $7,806 $9,072 $12,176

$11,854 $9,786 $13,729

2010-11

Created 6/11/2012 Updated 2/8/2013

*Fees updated as of February 8, 2013 with Spring semester revisions. 1 Excludes Medicine, Law, and Pharmacy 2 Excludes Medicine, Dentistry, and Pharmacy. Includes Nursing and Health Professions only. (In 2000 & prior, MUSC had undergraduate pharmacy that was included.) 3 USC Beaufort was approved to move from two- to four-year status in June 2002. 4 Effective 2007-08, the fees at the USC two-year branches represent students with less than 75 credit hours. 5 USC Beaufort is excluded from the Average for the Teaching and four-year institutions through 2004-05 and is included from 2005-06 forward.

$4,999 $5,190 $5,770 $5,082 $5,400 $5,570 $5,084 $4,208 $5,460 $6,652

The Citadel Coastal Carolina University College of Charleston Francis Marion University Lander University SC State University USC Aiken USC Beaufort3 USC Upstate Winthrop University

Comprehensive Teaching Colleges & Universities

Clemson University USC Columbia1 MUSC2

2003-04

$11,236 $9,605 $9,877 $6,092 $3,535 $4,046

$3,722 $3,476 $2,500 $3,658 $3,748 $3,530 $3,706 $3,438 $3,554 $3,572 $3,740 $3,676 $3,570 $3,600 $3,438 $3,628

$6,092 $6,092 $6,092 $6,092

$10,216 $9,760 $9,616 $8,802 $9,504 $9,258 $8,700 $8,108 $9,426 $12,656

$12,304 $10,168 $14,026

2011-12

Ten-Year Summary of Tuition & Required Fees for Full-time, In-state Undergraduates - Public Institutions

$11,581 $9,858 $10,145 $6,284 $3,629 $4,160

$3,866 $3,584 $2,568 $3,766 $3,866 $3,530 $3,788 $3,534 $3,650 $3,714 $3,820 $3,772 $3,648 $3,712 $3,540 $3,712

$6,284 $6,284 $6,284 $6,284

$10,523 $9,760 $9,918 $9,102 $9,792 $9,258 $8,974 $8,508 $9,722 $13,026

$12,674 $10,488 $14,316

2012-13*









THE CHANCELLOR’S BUDGET

ENROLLMENT





South Carolina Commission On Higher Education Scholarship Disbursements 2012-2013 Academic Year (Fall 2012, Winter 2013, Spring 2013, and Summer 2013 Combined)

Institution

Research Institutions Clemson University U. S. C. - Columbia Medical University of South Carolina Sub Total Comprehensive Teaching Inst. The Citadel Coastal Carolina University College of Charleston Francis Marion University Lander University South Carolina State University U. S. C. - Aiken U. S. C. - Beaufort U. S. C. - Upstate Winthrop University Sub Total Two Year Reg. Campuses of USC U. S. C. - Lancaster U. S. C. - Salkehatchie U. S. C. - Sumter U. S. C. - Union Sub Total Technical Colleges Aiken Technical College Central Carolina Technical College Denmark Technical College Florence-Darlington Technical College Greenville Technical College Horry-Georgetown Technical College Midlands Technical College Northeastern Technical College Orangeburg-Calhoun Technical College Piedmont Technical College Spartanburg Community College Technical College of The Lowcountry Tri-County Technical College Trident Technical College Williamsburg Technical College York Technical College Sub Total Independent Senior Inst. Allen University Anderson University Benedict College Bob Jones University Charleston Southern University Claflin University Coker College Columbia College Columbia International University Converse College Erskine College Furman University Limestone College Morris College Newberry College North Greenville University Presbyterian College South University** Southern Wesleyan University Voorhees College Wofford College Sub Total Independent Two-Year Inst. Spartanburg Methodist College Sub Total Grand Total

Number*

LIFE Amount

Palmetto Fellows Number* Amount

Need Based Grants Number* Amount

HOPE Number* Amount

Lottery Tuition Assistance Number* Amount

$694,603

$47,336,797 $53,505,246 $350,750 $101,192,793

$252,000 $1,003,030 $277,200 $644,319 $564,550 $239,400 $412,954 $256,200 $715,118 $736,400 $5,101,171

684 2,855 3,547 2,407 1,715 1,192 1,438 519 2,475 2,945 19,777

$3,093,559 $9,601,636 $17,805,516 $7,460,280 $6,245,439 $3,333,195 $5,999,435 $2,086,948 $9,930,497 $12,480,040 $78,036,544

$749,054 $486,630 $436,715 $380,961 $2,053,360

1,342 847 717 603 3,509

$2,609,186 $1,374,979 $1,653,069 $808,544 $6,445,779

$1,374,081 $2,210,568 $736,852 $2,151,484 $7,636,568 $3,911,576 $6,261,163 $493,562 $1,690,243 $3,715,504 $2,914,537 $1,278,323 $3,426,057 $10,319,730 $336,960 $2,304,557 $50,761,765

1,654 2,496 707 2,572 8,303 4,053 6,734 839 2,166 4,160 3,496 1,291 4,257 9,255 522 2,495 55,000

$2,109,419 $2,864,146 $856,800 $3,844,259 $12,660,782 $5,858,536 $11,239,318 $1,117,583 $2,558,067 $5,925,742 $5,414,842 $1,597,364 $9,888,249 $13,511,765 $434,583 $4,289,336 $84,170,790

363 2,234 1,052 977 2,191 1,581 976 892 372 680 567 1,020 1,076 476 1,018 2,086 1,128 37 822 327 1,286 21,161

$358,998 $5,469,814 $1,254,833 $2,615,200 $4,584,006 $2,710,407 $1,575,818 $1,959,523 $878,036 $1,685,219 $1,481,773 $3,834,507 $891,614 $262,381 $2,068,017 $4,778,827 $3,392,745 $143,272 $1,034,801 $288,476 $4,865,591 $46,133,859

1,309 1,309 119,980

$2,759,829 $2,759,829 $318,739,593

$25,113,794 $37,224,328 $183,750 $62,521,872

2,498 1,587 14 4,099

$20,332,717 $12,583,013 $140,000 $33,055,730

1,048 2,245 14 3,307

$1,785,868 $3,107,720 $27,000 $4,920,588

38 229

$104,418 $590,185

267

438 1,331 2,350 971 869 353 815 318 1,388 1,715 10,548

$2,278,179 $6,658,807 $12,086,840 $5,161,402 $4,452,557 $1,879,495 $4,345,364 $1,535,927 $7,415,832 $8,497,241 $54,311,643

44 68 542 63 47 5 81 11 71 254 1,186

$362,200 $512,857 $4,248,436 $517,400 $395,050 $41,700 $647,853 $82,600 $569,000 $1,895,850 $9,272,946

108 1,058 546 1,122 583 743 377 92 734 698 6,061

$201,180 $1,426,942 $1,193,040 $1,137,159 $833,282 $1,172,600 $593,265 $212,221 $1,230,547 $1,350,549 $9,350,785

94 398 109 251 216 91 165 98 282 278 1,982

375 169 242 80 866

$1,712,650 $757,500 $1,107,500 $362,500 $3,940,150

84 116 61 58 319

$147,482 $130,849 $108,854 $65,083 $452,268

883 562 414 465 2,324

123 76 12 365 956 428 935 128 152 435 563 42 1,283 536 10 386 6,430

$476,131 $243,775 $27,844 $1,274,467 $3,713,996 $1,413,185 $3,748,756 $491,610 $595,414 $1,648,511 $1,888,135 $139,637 $5,720,374 $1,790,897 $32,700 $1,549,779 $24,755,211

508 445 56 407 922 493 960 272 480 589 512 152 504 873 190 264 7,627

$259,207 $409,803 $92,104 $418,308 $1,310,218 $533,775 $1,229,399 $132,411 $272,410 $561,726 $612,170 $179,404 $741,818 $1,401,138 $64,923 $435,000 $8,653,814

1,023 1,975 639 1,800 6,425 3,132 4,839 439 1,534 3,136 2,421 1,097 2,470 7,846 322 1,845 40,943

41 657 176 353 623 409 210 291 110 227 172 258 126 20 271 651 377 34 139 37 354 5,536

$232,500 $3,205,000 $886,250 $1,816,618 $3,196,250 $2,104,605 $1,090,000 $1,462,546 $537,500 $1,140,000 $837,500 $1,318,732 $618,750 $101,150 $1,414,000 $3,212,500 $2,001,250 $139,537 $695,000 $175,000 $1,892,540 $28,077,228

313 1,266 843 522 1,360 1,091 710 540 215 378 307 454 916 454 657 1,192 592

$104,098 $414,164 $281,783 $184,804 $468,906 $371,702 $208,118 $186,677 $71,236 $128,719 $110,973 $152,525 $171,164 $157,031 $230,717 $420,727 $214,595

453 453 35,384

$2,057,980 $2,057,980 $175,664,083

* Unduplicated headcount for the academic year for each scholarship type. ** Private, For Profit Institution

$1,600,050

70 80 4 24 29 32 48 65 294 3

$531,178 $595,450 $29,700 $195,100 $227,700 $230,100 $352,100 $478,700 $2,326,850 $27,500

34 110 135

$273,500 $812,400 $1,116,700

13

$104,300

329 1,486

$2,717,697 $11,619,025

636 285 588 13,319

$148,701 $99,476 $213,354 $4,339,471

$53,947,701

599 599 31,232

$205,739 $205,739 $27,922,664

6,771

9 95 33 32 128 77 32 32 15 27 23 14 31 2 56 133 24 3 34 5 15 820

3,069

Total Amount

8,199 10,970 55 19,224

4,615 6,909 27 11,551

216

Number*

$22,400 $250,600 $86,800 $82,600 $323,400 $204,400 $82,600 $82,600 $39,200 $64,400 $54,600 $36,400 $74,200 $4,200 $149,800 $333,200 $60,200 $3,735 $86,800 $14,000 $42,000 $2,098,135

$7,893,909

257 257 43,524

$496,111 $496,111 $53,311,236


THE CHANCELLOR’S BUDGET

HUMAN RESOURCES FACULTY RANK + SALARY INFORMATION (CHE)


4 $ 66,935 ** ** 10 $ 68,621 0

Two-Year Regional Campuses USC Lancaster USC Salkehatchie USC Sumter USC Union 4 4 11 2

61 95 159 57 38 65 29 12 50 106

$ $ $ $

$ $ $ $ $ $ $ $ $ $

58,457 54,746 56,902 65,089

71,870 70,405 68,775 63,357 54,054 65,192 58,143 60,949 62,143 65,428

266 $ 88,541 51 $ 102,586 442 $ 87,003

18 9 3 3

50 119 166 72 56 63 38 22 59 69

223 52 404

$ $ $ $

$ $ $ $ $ $ $ $ $ $

47,386 44,981 44,269 46,930

61,205 59,999 60,115 56,005 51,727 57,562 54,208 54,962 53,359 57,177

$ 78,290 $ 96,808 $ 77,481

$ $ $ $

$ $ $ $ $ $ $ $ $ $

48,690 39,286 36,077 46,696

52,388 47,472 51,375 49,612 41,962 48,184 44,687 46,515 48,026 45,770

55,336 76,676 51,373

51 18 34 10

182 292 519 205 145 207 131 60 200 283

$ $ $ $

$ $ $ $ $ $ $ $ $ $

50,427 46,662 53,109 50,445

72,336 68,960 68,807 64,487 51,875 62,091 56,540 56,993 56,178 65,093

830 $ 99,876 201 $ 105,786 1336 $ 88,748

AVERAGE ALL

**Due to privacy of individuals, this number is too small to report.

*Salaries for Clinical and Basic Medicine are reported ona 12-month contract basis

Includes 11/12 month contracts converted to 9-month basis (.818 conversion factor). Faculty includes those members of instruction/Research staff who are employed full-time and whose major regular assignement is instruction, including those with release time for research.

25 4 10 5

16 12 56 18 36 33 40 17 69 30

2 $ 22 $ 163 $

TOTAL # # IN # IN INSTRUCTOR ASSISTANT IN RANK RANK RANK

Faculty salaries are reported according to CUPA definitions. Ranked Faculty only (Excludes lecturers/other, and graduate TA's).

88,775 86,945 86,375 80,744 70,699 738,869 78,046 76,472 75,751 79,072

55 66 138 58 15 46 24 9 22 78

Teaching Colleges & Univ. The Citadel Coastal Carolina Univ. College of Charleston Francis Marion Univ. Lander Univ. SC State USC Aiken USC Beaufort USC Upstate Winthrop $ $ $ $ $ $ $ $ $ $

336 $ 123,634 76 $ 122,503 327 $ 123,655

Research Institutions Clemson University Medical University of SC* USC Columbia

# IN # IN ASSOCIATE PROFESSOR RANK RANK

AVERAGE SALARIES OF FULL-TIME TEACHING FACULTY (FALL 2012, 9-MONTH CONTRACT BASIS)



THE CHANCELLOR’S BUDGET

HOUSING HOUSING BUDGET BUILDING + SQUARE FOOTAGE SUMMARY


1415 Revenue 1%) USC Aiken Student Housing 2014-15 Revenue -1% cost increase Fall Hall

Beds % Occupied

# Residents

Doubles

774

96%

745 $

2,300.00

$ 1,713,500

Singles

134

100.0%

134 $

2,725.00

$

365,150

Resident Assistants

28

100.0%

28 $

2,725.00

$

76,300

Room Wavier

38

38 $

2,300.00

$

87,400

0 $

3,250.00

$

-

Double as Single subtotal

974

97.0%

Room Rate

945

Revenue

$ 2,242,350 $ 2,166,050

Spring Doubles

774

86.4%

669 $

2,300.00

$ 1,538,700

Singles

134

98.5%

132 $

2,725.00

$

359,700

Resident Assistants

28

100.0%

28 $

2,725.00

$

76,300

Room Wavier

38

38 $

2,300.00

$

87,400

0 $

3,250.00

$

-

Double as Single subtotal

974

89.0%

867

$ 2,062,100 $ 1,985,800

Summer Maymester

USCA Doubles

56 $

245.00

$

13,720

Maymester

Resident Assistants

7 $

245.00

$

1,715

Summer I

USCA Doubles

Summer I

Resident Assistants

75 $

425.00

$

31,875

7 $

425.00

$

2,975

Summer II

USCA Doubles

Summer II

Resident Assistants

60 $

425.00

$

25,500

7 $

425.00

$

2,975

subtotal

$

78,760

Summer Groups

$

70,000

Total Summer

$

148,760

RA Stipend

$

7,665

Misc

$

40,000

Sales-W&D

$

16,000

Other Income

Breakage/Damage App fees

540 $

25.00

Penalties Forfeitures

100 $

125.00

$

8,000

$

13,500

$

6,000

$

18,000

subtotal

$

101,500

Total Revenue

$ 4,554,710

Resident Assistant Total

$

160,265

Room Wavier

$

174,800

Breakdown Fall Occupancy

Fall 2014

Fall 2013

Freshmen

389

364

Transfers

68

68

Returners

488

448

total

945

880


2014-2015 Revenue Total Revenue

$4,554,710

Expenditures Administrative Operations Salaries

446,671

Fringe Benefits

127,212

Marketing

500

Housing operations

34,450

Travel

2,000

Bad debt expense

10,000

Programming for Residents

20,000

Housing Scholarships

2,000

Housing Room Wavier for Recuitment

174800

Resident Asistants' Room Waiver

160,265

Total Administrative Operations

977,898

Building Maintenance Maintenance and repairs

40,000 40,000

Total Building Maintenance Security UPD (Transfer)

140,000 140,000

Total Security Utilities & Services Pest Control

2,880

Elevator Service

4,377

HMS Maintenance Fees

6,000

Cell Phone

6,000

Alarm Service

927

Garbage collection

13,941

Electric

355,000

Gas

30,000

Water

110,000

Fire Alarm System and other Inspections

14,000

Bandwidth

45,850

Insurance

77,851

Cable TV

43,803 707,749

Total Utilities & Services Total Operating Expenses

1,865,647

Net Operating Income

2,689,063

Debt Service Principle/Interest

2,444,506 2,444,506

Total Debt Service

$244,557

Net Income after Debt Service

1.10

Debt Service Coverage Current Fund Balance Total Projected Fund Balance

$

744,557

$520


Pacer Crossings

Pacer Crossings is a living/learning community designed specifically for freshmen students. The four-story, 88,930 square feet hall provides living space for 288 freshmen. Amenities of the building include an academic wing with classrooms, an office and work room for faculty, a meeting room, and an apartment for a live-in resident director. Each wing of the facility features a study room, a resident assistant (RA) suite, and three living suites housing eight students per suite. Features Some of the features you can expect in Pacer Crossings: • Share a four bedroom suite with four baths and a furnished living room • Be within walking distance of classes, campus dining, activities, and many support services • Participate in educational and social programs planned by the Resident Assistants (RAs) to help you adjust to college life • Live in a safe environment with 24-hour Public Safety coverage • Enhance security features: each entrance to the building is monitored by a security camera, while inside the “three door” system keeps students and their valuables safe. The “three door” system uses the following: Building Front Door (card access), Suite Door (key Access), Bedroom Door (key access) • Pacer Net (Connect your computer in the suite with wireless high-speed internet access) • Cable television • On-site laundry facilities • Ample parking • Ample common areas for recreation and study space as well as a game room How much? Double Rooms (2 students per bedroom) $2,275 per semester proposed rate for 2013-2014 year Contracts are for one school year. Rates are subject to change depending on Board of Trustees approval.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.