Title: The following is a presentation prepared for NASFAAs 2006 Conference in Seattle, WA July 58, 2006
1The following is a presentation prepared for
NASFAAs 2006 Conference in Seattle, WAJuly 5-8,
2006
2NACUBO Tuition Discounting Survey Independent
Institutions 2005 Results
NASFAA National ConferenceJuly 6, 2006
Jessica M. SheddDirector, Research Policy
AnalysisNACUBO
3Presentation Outline
- Brief History of the Study
- Methodology
- Defining the Tuition Discount Rate
- Results Fall 2005
- Results 10 Year Trends
- Future of the NACUBO Study
4History of the Study
- Study Timeline
- 1990 Began as an EACUBO Project
- 1994 NACUBO Project 191 participants
- 1996 Pilot Study with Public Institutions
- 2005 Most Recent study - 426 participants
- 2006 Future Plans??
5Survey Instrument and Methodology
6Survey and Methodology
- Survey of NACUBO Member Institutions
- Independent
- Four-Year
- Non-Profit Institutions
- Undergraduate data only
- Data collected in late Fall/Winter, asking for
estimates current Fiscal Year data
7Survey and Methodology
- Survey instrument only 7 questions
- Focuses mostly on first-time, full-time freshmen
- 47 response rate for Fall 2005
- 897 institutions invited to participate
- 426 institutions submitted Fall 2005 data
- 233 institutions provided 10 or more years of
data
8Survey and Methodology
- Questions
- Number of first-time, full-time freshmen
- Subset receiving an institutional grant
- Total institutional grant awarded to these
students - Total institutional grant awarded to all
undergraduates - Tuition Mandatory Fee Rate
- Total Undergraduate Tuition Mandatory Fee
Revenue - Endowment Market Value
9Defining the Tuition Discount
10Defining the Tuition Discount
- Institutionally Funded Financial Aid
- - includes restricted unrestricted grants and
endowed funds - - excludes matches for externally funded grants
and tuition remission -
- Gross Tuition Fee Revenue
-
- Tuition Discount Percentage
11Defining the Tuition Discount by Components
- Percent of Students Receiving Aid
- (Students Receiving Aid
Total Students) -
- Average Grant as Percent of Tuition Fees
- (Average Grant Per Recipient Tuition Fee
Rate) -
- Tuition Discount Percentage
12Results Fall 2005
13Study Participation Rates
14Average Freshmen Discount RateFall 2005
15Average Freshmen Discount RateFall 2005
16Distribution of Freshmen Discount RatesFall 2005
17Percent of Freshmen Receiving Institutional
AidFall 2005
18Average Grant as a Percent of Tuition Fees
Fall 2005
19Freshmen Tuition DiscountsFall 2005
- SCLT (40.4)
- Overall highest average freshmen discount rate
- On average, 91 of freshmen receiving a grant
- Average grant covers 44 of tuition fees
- SCHT (37.9)
- On average, 72 of freshmen receiving a grant
- Average grant covers 55 of tuition fees
- LCU (31.7)
- On average, 68 of freshmen receiving a grant
- Average grant covers 49 of tuition fees
20Average Discount Rates for Freshmen All
Undergraduates , Fall 2005
All
Freshmen
All
Freshmen
All
All
Freshmen
Freshmen
21Results Fall 2005Selected DemographicsCarnegi
e ClassificationRegion
22Average Freshmen Discount Rate By Carnegie Fall
2005
23Average Freshmen Discount Rate By Carnegie Fall
2005
24Percent of Freshmen Receiving Aid By Carnegie
Fall 2005
25Avg Grant as a Percent of Tuition Fees By
Carnegie Fall 2005
26Freshmen Discounts By Carnegie Fall 2005
- Baccalaureate General and Liberal Arts
- Similar freshmen discount rates (41) from
different strategies? - Baccalaureate General (41.1)
- On average, 91 of freshmen receiving a grant
- Average grant covers 45 of tuition fees
- Baccalaureate Liberal Arts (40.9)
- On average, 79 of freshmen receiving a grant
- Average grant covering 53 of tuition fees
27Freshmen Discounts By Carnegie Fall 2005
- Doctoral/Research Universities (35)
- Lowest freshmen discount rate of Carnegie
Classifications - Lowest percentage of freshmen receiving a grant,
however the average grant covers a high
percentage of tuition fees - On average, 68 of freshmen receiving a grant
- Average grant covers 54 of tuition fees
28Average Freshmen Discount Rate By RegionFall 2005
37.0
43.4
41.3
34.4
38.3
39.7
31.1
29Average Freshmen Discount Rate By Region Fall
2005
30Percent of Freshmen Receiving Aid By RegionFall
2005
31Avg Grant as a Percent of Tuition Fees By
RegionFall 2005
32Freshmen Tuition Discounts By RegionFall 2005
- Plains (43.4)
- Overall highest average freshmen discount rate
- On average, 92 of freshmen receiving a grant
- Average grant covers 47 of tuition fees
- Great Lakes (41.3)
- On average, 91 of freshmen receiving a grant
- Average grant covers 45 of tuition fees
- Southwest (31.1)
- Overall lowest average freshmen discount rate
- On average, 84 of freshmen receiving a grant
- Average grant covers 37 of tuition fees
33Results 10 Year Trends
34Freshmen Tuition Discounts10 Year Trends
- Majority of discounting growth 1990 to 1995
- Average discount lt 30 in Fall 1990
- Most growth due to increases in percentage of
freshmen receiving a grant - Fall 1990 62 vs. Fall 2005 84
- By comparison, percentage of tuition fees the
average grant covers has stayed relatively stable
- Fall 1990 44 vs. Fall 2005 47
35Average Freshmen Discount Rate10 Year Trends
36Percent of Freshmen Aided10 Year Trends
37Average Grant as Percentage of Tuition Fees10
Year Trends
38Freshmen Discount Rates by ComponentsAll
Institutions, Fall 1996 2005
Grants as a of Tuition Fees
of Freshmen Receiving Aid
39Freshmen Discount Rates by ComponentsSCLTs, Fall
1996 2005
Grants as a of Tuition Fees
of Freshmen Receiving Aid
40Freshmen Discount Rates by ComponentsSCHTs, Fall
1996 2005
Grants as a of Tuition Fees
of Freshmen Receiving Aid
41Freshmen Discount Rates by ComponentsLCUs, Fall
1996 2005
Grants as a of Tuition Fees
of Freshmen Receiving Aid
42Avg Discount Rate Freshmen All Undergraduates
10 Year Trends
43Average Gross and Net Tuition Rates10 Year
Trends, All Institutions
44 45- Questions and Discussion
- Jessica SheddDirector, Research Policy
AnalysisNACUBOjessica.shedd_at_nacubo.org
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