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2005-06 Student Tuition & Fees
2005-06 Student Tuition & Fees
The University of Kentucky: The University of Kentucky:
Is one of only seven universities in the US with schools of Agriculture, Engineering, Medicine, and Pharmacy on a single campus.
Has an enrollment of 26,545 undergraduate, graduate, and professional students and 10,900 faculty and staff, making UK Kentucky’s 6th largest “city”.
Has an annual budget of over $1.4 billion dollars, making UK Kentucky’s 9th largest business.
Has 814 acres, 345 buildings (including 19 residence halls, a 250-unit apartment complex, and 16 dining halls), a hospital, a health center, radio station, police force, bus service, and 14 libraries.
Is one of only seven universities in the US with schools of Agriculture, Engineering, Medicine, and Pharmacy on a single campus.
Has an enrollment of 26,545 undergraduate, graduate, and professional students and 10,900 faculty and staff, making UK Kentucky’s 6th largest “city”.
Has an annual budget of over $1.4 billion dollars, making UK Kentucky’s 9th largest business.
Has 814 acres, 345 buildings (including 19 residence halls, a 250-unit apartment complex, and 16 dining halls), a hospital, a health center, radio station, police force, bus service, and 14 libraries.
Achievements over the last three years:Achievements over the last three years: Enrollment has increased by 1,754 students (7.1%) The first-year student class increased by 924 students (30%) The number of Governor’s Scholars and Governor’s School
for the Arts students has more than doubled to 303 students. Our six-year graduation rate increased by over 2% to 59.5%,
the highest of all public universities in Kentucky. Total number of degrees awarded annually increased by 359
to 5,247 (7.3%) UK researchers brought in a record $238.3 million of outside
funding for grants and contracts, an increase of 37%. Market value of endowments increased by more than $70
million (16.7%)
Enrollment has increased by 1,754 students (7.1%) The first-year student class increased by 924 students (30%) The number of Governor’s Scholars and Governor’s School
for the Arts students has more than doubled to 303 students. Our six-year graduation rate increased by over 2% to 59.5%,
the highest of all public universities in Kentucky. Total number of degrees awarded annually increased by 359
to 5,247 (7.3%) UK researchers brought in a record $238.3 million of outside
funding for grants and contracts, an increase of 37%. Market value of endowments increased by more than $70
million (16.7%)
State General Funds and EnrollmentState General Funds and Enrollment
FY
2001-02
FY
2004-05Dollar change over 2001-02
Three Year percent change
State Appropriations $313,616,900 $286,805,900 -$26,811,000 -8.54%
Enrollment (Full-time equivalent)
20,929 22,649 1,720 8.22%
State Funding per FTE $14,985 $12,663 -$2,322 -15.50%
Annual Tuition and Fees (Full-Time, Undergraduate, Resident)
$3,734 $5,165 $1,431 38.32%
Source: Office of Planning, Budget and Policy Analysis
UK Benchmark Average Faculty Salary (All-Ranks) 2003-04
$69,911
$71,576
$72,511
$73,811
$74,211
$74,785
$75,767
$76,634
$76,957
$76,988
$78,594
$81,139
$81,717
$82,357
$82,729
$83,410
$83,605
$84,260
$86,718
$97,349
$60,000 $70,000 $80,000 $90,000 $100,000
U of Kentucky
N. Carolina State U
U of Georgia
Penn State U
U of Washington
U of Florida
U of Arizona
Texas A&M U
Purdue U
U of Texas
U of Illinois
U of Iowa
U of N. Carolina
U of Michigan
Ohio State U
U of Minnesota
U of Wisconsin
U of Maryland
U of Virginia
UCLA
Source: Office of Planning, Budget and Policy Analysis
$78,594 Median$70,735, Goal -
90% of the benchmark
median
2005-06 Preliminary Financial Needs2005-06 Preliminary Financial Needs
Source: Office of Planning, Budget and Policy Analysis
Revenue Reductions:
Service assessments $1,210,400
Endowment management fee 272,100
$1,482,500
Expense Increases:
Salaries $11,326,100
Benefits 3,574,600
Current Scholarship Programs 13,561,200
Utilities 2,877,100
Other (information systems, public safety, etc.) 3,051,300
$34,390,300
Total Funds Needed $35,872,800
$3,792
$2,208
$3,707$3,840 $3,984
$4,368
$5,165 $5,040
$4,752
0
1,000
2,000
3,000
4,000
5,000
6,000
EKU KCTCS KSU Morehead Murray NKU UK UofL WKU
Kentucky Public Colleges and Universities 2004-05 Annual Tuition and Fees
Source: Office of Planning, Budget and Policy Analysis
2004-05 Undergraduate Annual Resident Tuition and Fees 2004-05 Undergraduate Annual Resident Tuition and Fees RANK INSTITUTION TOTAL
1 Pennsylvania State University $10,856
2 University of Michigan-Ann Arbor $8,202
3 University of Minnesota-Twin Cities $8,029
4 University of Illinois at Urbana-Champaign $7,966
5 Ohio State University $7,542
6 University of Maryland-College Park $7,410
7 University of Virginia $6,790
8 Purdue University $6,092
9 Texas A & M University $6,041
10 UCLA $6,028
11 University of Wisconsin-Madison $5,866
12 University of Texas-Austin $5,735
13 University of Iowa $5,396
14 University of Washington $5,286
15 University of Kentucky $5,165
16 University of North Carolina-Chapel Hill $4,450
17 North Carolina State University $4,282
18 University of Georgia $4,272
19 University of Arizona $4,097
20 University of Florida $2,955
Source: Integrated Postsecondary Education Data System
2003-04 ‘Best Value’ Rankings by Kiplinger
100
96
91
86
78
77
73
72
67
66
58
45
41
37
32
28
20
16
14
4
0 20 40 60 80 100 120
UCLA
Pennsylvania State University
University of Michigan
University of Maryland
Ohio State University
Purdue University
University of Illinois
University of Texas
University of Minnesota
University of Washington
University of Wisconsin
University of Virginia
Texas A & M University
University of Iowa
University of North Carolina
University of Arizona
North Carolina State University
University of Florida
University of Georgia
University of Kentucky
100
96
91
86
78
77
73
72
67
66
58
45
41
37
32
28
20
16
14
4
0 20 40 60 80 100 120
UCLA
Pennsylvania State University
University of Michigan
University of Maryland
Ohio State University
Purdue University
University of Illinois
University of Texas
University of Minnesota
University of Washington
University of Wisconsin
University of Virginia
Texas A & M University
University of Iowa
University of North Carolina
University of Arizona
North Carolina State University
University of Florida
University of Georgia
University of KentuckyUniversity of Kentucky
Rankings based upon annual cost to students, including tuition, mandatory fees, room & board, and books.
Proposed Resident Tuition and FeesPer Semester
Proposed Resident Tuition and FeesPer Semester
Fall 2004 Fall 2005 Increase
Undergraduate
Lower Division $2,582.25 $2,958.00 $375.75
Upper Division $2,657.25 $3,044.00 $386.75
Graduate $2,826.25 $3,213.00 $386.75
FY 2006 Funding SourcesFY 2006 Funding Sources
State Appropriations (Governor’s Recommendation):
Utilities for new facilities $2,888,000
Restore partial cuts $2,766,300
Investment Income $3,833,000
Tuition Revenue $16,057,400
Internal reallocations and reserves $10,328,100
Total $35,872,800
UK Housing and Dining RatesAnnual
UK Housing and Dining RatesAnnual
FY 2004-05 FY2005-06 Increase
Housing $3,085 $3,363 $278
Dining* $1,650 $1,766** $116
*Reflects a change from declining balance plan to unlimited choices plan.
**Provides approximately eight meals per week, other plans available.
UK Total Annual Resident CostTuition, Mandatory Fees, Housing, and Dining
UK Total Annual Resident CostTuition, Mandatory Fees, Housing, and Dining
2004-05 2005-06 Increase
Undergraduate
Lower Division $ 9,899.50 $11,045.00 $1,145.50
Upper Division $10,049.50 $11,217.00 $1,167.50
Graduate $10,387.50 $11,555.00 $1,167.50
2005-06 Student Tuition & Fees
2005-06 Student Tuition & Fees
