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At a Glance...
Budget Impact to Students • More adjuncts (many funded on one-time money that runs out in FY 2011).
The Basic Argument
• Almost 1:1 correlation between educational attainment & the economy • Utah’s advantage is its workforce • It’s time to position Utah for a comeback! Utah’s Higher Education Network
• • • • • 29,596 Employees (Fall 2008) 152,228 Students (24,828 new students since Fall 2008) 25,415 certificates & degrees $400-$500 million/year in research 24,000 students helped by UHEAA & UESP
• Higher Education received • SLCC will cut 700 classes an overall 17% ($139 mildespite a 15 % enrollment lion) budget reduction, 8% increase. of which was “backfilled” by federal stimulus ARRA funds. • Undergraduate class sizes have increased as much as • Over 940 FTE positions have 25% been eliminated (25% involuntarily). Scholarships & Aid • Award amounts for the New Century and Regents’ Scholarships are being awarded at the full amounts with recent commitment to fund $1.5 million shortfall due to increased demand. • Legislation being drafted to clarify and improve desired outcomes of programs.
• Fewer class sections - limiting access for students, and unintended “soft cap” on enrollment. • Less student services to help students navigate their education, and increased time to graduation. Enrollment & Tuition • Student enrollment has increased by 17% (28,428 students) in two years.
• One of nation’s top 529 plans • Over $2.7 billion in assets
• Lowest default rate in the nation • $2.1 billion in loans
• Student loan volume has increased 29% and student loan • The Board of Regents apdollars have increased 34% proved tuition increases of since FY 2008. less than 10%. • Changes in federal student loan program will impose additional costs on students services such as financial aid and counseling. • If tuition funds had been used to make up the total budget cuts, it would have to be increased over 50% systemwide.
• College prep message to 8th grade • Involves volunteers from business
2010 Legislative Priorities
1. Add back funds to reduce 17% cut.
Regents have prioritized needs with the goal of replacing one-time federal stimulus dollars with ongoing or one-time funds, keeping higher education’s cut to approximately 9%.
2. Recognize efforts of colleges and universities to accommodate growth
Institutions are absorbing over 24,000 new students at the same time budgets are being cut. Colleges and universities are demonstrating their commitment to students by maintaining core services and keeping tuition low.
3. Invest in economic development activities
USTAR has began to prove the valuable economic payoffs that come through an investment in higher education. USHE has partnered with the Department of Workforce Services (DWS) and the Governor’s Office of Economic Development (GOED) to launch three pilot initiatives focusing on accelerating the growth of targeted industries, expanding on the USTAR model on a regionalized basis.
5. Bond for buildings
USHE is requesting bonding for higher education facilities. Approval for higher education facilities would help institutions better meet the demand for skilled workers in these high-tech industries, while at the same time help improve the economy’s “soft-spot” in the construction industry by moving forward with large construction projects, despite the state’s economic slowdown.
Other key legislation
• College of Eastern Utah/Utah State University Affiliation (Sen. Hinkins and Rep. Painter) Legislation is required to implement the recommendation of the Board of Regents in July to create an affiliation between the College of Eastern Utah and Utah State University, with CEU as a Comprehensive Branch Campus. The Memorandum of Understanding now in progress between CEU and USU will inform the drafting of the legislation. Scholarship Amendments (Rep. Hughes and Sen. Valentine) Amendments are needed to make the New Century Scholarship financially sustainable, as well as to improve the program. Some minor amendments to the Regents’ Scholarship program will also be included. UESP Amendments (Sen. Niederhauser) Technical amendments to the Utah Educational Savings plan statute.
Please feel free to contact us:
Bill Sederburg, Commissioner of Higher Education (801-321-7103, firstname.lastname@example.org) Dave Buhler, Associate Commissioner for Public Aﬀairs (801-321-7162, email@example.com)
Updated November 4, 2009