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Changes in Percentage of Total Public Fund Revenue 70.0% 65.0% 60.0%
63.6% 59.0%
55.0%
Tuition & Fees
50.0%
State Appropriations
45.0% 40.0% 35.0% 30.0%
41.0% 36.4%
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Gross Tuition vs. Net Tuition $5,000
Average Net Tuition* Paid by Full‐Time Resident Undergraduates in Fall 2014 $3,929
$4,000
$3,000
$2,000
$1,734 $1,267 $949
$1,000
$622
‐$1,000
‐$617
‐$21
Lowest Income Quartile ($11,631 Average Income)
Second Third Income Highest Income Quartile Income Quartile Quartile ($73,698 ($138,270 ($40,547 Average Average Income) Average Income) Income)
Lowest Income Quartile (‐$150 Average Income)
‐$2,000
Dependent Students (3,693 Total)
$236
$35
‐$1,213 $0
$456
Second Income Quartile ($5,283 Average Income)
Third Income Highest Income Quartile Quartile ($15,823 ($48,120 Average Average Income) Income)
Independent Students (1,128 Total)
No Income Information Available
Unknown (525 Total)
Average Average Net Gross Tuition Tuition Paid Billed
All Full‐Time Undergraduates (5,346 Total)
*Net Tuition is calculated by subtracting all need and merit‐based grants, scholarships and waivers from federal, state, institutional and other sources. Income quartiles rank students in the sector within their dependency category by family income reported on the FAFSA, and divides them into four equal‐sized groups based on their income rank. Student loan or work study awards are not included in the calculation of net tuition. Gross tuition is the amount billed to a student’s account based on 2014‐15 tuition rates and actual student credit hours enrolled prior to application of student financial aid awards.
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