PROPOSED BUDGET FISCAL YEAR 2017-2018

APPROVED JULY 11, 2017

PROPOSED BUDGET FISCAL YEAR 2017-2018

Introduction: The FY2018 budget reflects Temple University’s strong and continued commitment to access and affordability. As such, Fly in 4 and the Temple Option remain essential components of the university’s admissions and retention strategies. This year’s budget includes a base tuition increase of 2.5% and no increase to mandatory fees. This represents the lowest base tuition increase in three years. To further demonstrate a commitment to affordability, the budget provides for additional support for scholarships. Other changes to the budget are intended to bolster student services in the areas of mental health, conduct and academic support. The decentralized budget model (RCM) implemented in 2014-2015 has incentivized administrative and academic units to operate more efficiently and to identify opportunities to responsibly grow revenue. Combined these actions help to reduce the cost of attendance and future student indebtedness. The 2017-2018 proposed budget is presented in appendix A. Proposed Fiscal Year 2017-2018 Budget: The University Operating Budget for fiscal year 2017-2018 has been developed according to the following assumptions and principles: Revenue Changes: Tuition and fees will be moderately increased to cover the standard growth in operating costs.

Changes to the budget are based upon considerations for inflation and the overall economy, labor contracts, comparison with peer institutions, pricing accessibility, campus infrastructure, student services, and the impact on student indebtedness. The following conditions are used for the calculation of the revenue:

o Undergraduate tuition will be increased 2.50% for both resident ($384) and non-

resident ($648) students.

o Active tuition differentials, approved by the Board, will be implemented in accordance with the next programmed step as outlined in their implementation plan.

Page 1 of 12

o One new tuition differential is included in the proposed budget, a $500 differential for the College of Engineering.

o Graduate and Professional Schools’ tuition will be adjusted according to market conditions and in comparison with peer institutions.

o For fall 2017, the incoming class is expected to be 114 less than the incoming fall 2016 class or 50 less compared to the FY2017 budget.

Tuition and fee revenue from all sources is expected to increase by $57.5 million. The fiscal year 2017-2018 tuition schedule may be found in appendix B.

At $150.6 million, the Commonwealth Appropriation is projected to remain flat from 2015-

2016. There is an adjustment in the budget to reduce the budget to $150.6 million to match the current enacted appropriation. The 2016-2017 budget, included an over-estimate of increased funding from the Commonwealth by $3.6 million.

Auxiliary enterprise and Medical and Dental practice plan revenues in total will decrease

by $2.1 million. Auxiliary enterprise will increase by $7.2 million and the Dental practice plan will increase by $.1M, however the Medical practice plan will decrease by $9.2 million due to a reduction in Manage Care Organizations.

Revenues from other income sources including indirect cost recovery will increase by $1.9

million. The total increase in university non-health revenues for fiscal year 2017-2018 from all sources will be $53.7 million. Expense Changes:

Funding in the 2017-2018 budget was limited to those items necessary to maintain the current operations as well as strengthen compliance and research. Meeting the obligations under collectively bargained labor contracts continues to be a main driver of the change in expenses. Expenditure changes include:

Financial Aid – to reflect the proportional increase relative to the changes in tuition. The overall increase to the base budget of financial aid will be $5.4 million.

Salary ($15.4 million) and Benefits ($6.1 million) – required changes relative to bargaining units, discretionary merit based increases for non-bargaining employees and changes in employee benefit costs for all employees - $21.5 million.

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General Expenditures – changes in expenditures including the allocation of tuition

differentials to schools and colleges, increases in the plant development fund, increases in energy, and increases in research incentives – $25.5 million.

Strategic Investments - changes for new facilities and strategic investments for student conduct, student mental health, and student financial wellness - $3.4 million.

Auxiliary Enterprise and Medical & Dental Practice Plans – auxiliary enterprise expenses are expected to increase $7.2 million due to increases in operations based upon additional revenue generation. The Medical practice plan is expected to decrease their expense budget by $9.2 million due to changes in Manage Care Organizations funding – $-2.1 million.

Compliance – funding for a compliance office including a Compliance Officer will be funded through a reallocation of existing budget.

The total increases in university operating expenditures for fiscal year 2017-2018 from all sources will be $53.7 million. Summary The 2017-2018 proposed budget strengthens Temple University’s commitment to accessibility, affordability, excellence, diversity and cost containment.  

 

 

 

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FY2018Proposed Budget

Revenue:1. Tuition and Fees 920,207,862$

2. Commonwealth Appropriation 150,586,000

3. Indirect Cost Recovery 37,621,000

4. Other Sources 23,490,138

5. Total Education and General Revenue 1,131,905,000

6. Auxiliary Enterprises 111,327,000$

7. Practice Plans 199,169,000

8. Total Other Revenue 310,496,000$

9. Total Revenue 1,442,401,000$

Expenditures:Revenue Centers

10. Academic Revenue Centers 758,598,411$

11. Non-Academic Revenue Centers 86,129,341

12. Total Revenue Centers 844,727,752$

Support Units13. President 58,052,572$

14. Provost 250,801,273

15. Chief Operating Officer 184,878,759

16. Vice President, CFO and Treasurer 103,940,644

17. Total Support Units 597,673,248$

18. Total Expenditures 1,442,401,000$

19. Budget Margin -$

TEMPLE UNIVERSITYFY2018 Proposed Operating Budget

APPENDIX A

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FY2018Proposed Budget

TEMPLE UNIVERSITYFY2018 Proposed Operating Budget

Academic Revenue Centers20. Beasley School of Law 26,780,115$

21. Center for the Performing and Cinematic Arts 28,184,009

22. College of Education 15,469,926

23. College of Engineering 20,331,160

24. College of Liberal Arts 70,121,738

25. College of Public Health 37,296,617

26. College of Science and Technology 54,473,665

27. Fox School of Business 109,609,246

28. Klein College of Media and Communications 19,925,864

29. Kornberg School of Dentistry 32,672,619

30. Lewis Katz School of Medicine 275,323,392

31. School of Pharmacy 16,487,981

32. School of Podiatric Medicine 12,143,330

33. School of Tourism and Hospitality 8,584,776

34. Tyler School of Art 19,927,008

35. Provost Sponsored Programs 11,266,965

36. Total Academic Revenue Centers 758,598,411$

Non-Academic Revenue Centers37. Other Auxiliaries 687,011$

38. Bookstores 510,000

39. Liacouras Center 2,523,500

40. Parking Services 5,649,727

41. Residence Halls 76,759,103

42. Total Non-Academic Revenue Centers 86,129,341$

43. Total Revenue Centers 844,727,752$

APPENDIX A

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FY2018Proposed Budget

TEMPLE UNIVERSITYFY2018 Proposed Operating Budget

Support UnitsPresident

44. Office of the President 9,376,102$

45. Vice President for Public Affairs 877,067

46. Office of the University Secretary 328,029

47. Center for Equity and Inclusion 1,208,914

48. Internal Audit 1,190,813

49. Government Affairs 2,051,752

50. Office of University Counsel 6,092,019

51. Vice President for Research 8,970,643

52. University Marketing 10,818,305

53. Institutional Advancement 17,138,928

54. Total President 58,052,572$

Executive Vice President, Provost55. Office of the Provost 28,016,799

56. Vice Provost Faculty Affairs 2,607,570

57. Temple Press 1,727,739

58. International Affairs 5,093,942

59. Rome 5,191,559

60. Enrollment Management 6,099,288

61. University College 7,070,622

62. Vice Provost for U/G Studies 6,576,086

63. Graduate School 9,577,864

64. Student Affairs 12,484,039

65. Libraries 23,389,088

66. Computer Services 29,929,458

67. Financial Aid 113,037,219

68. Total Executive Vice President, Provost 250,801,273$

APPENDIX A

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FY2018Proposed Budget

TEMPLE UNIVERSITYFY2018 Proposed Operating Budget

Executive Vice President, COO69. Office of the EVP, COO 1,084,735$

70. Business Services 466,039

71. Purchasing 1,351,675

72. Environmental Health and Safety 2,459,109

73. Recreation Services 5,019,007

74. Real Estate/WRTI 11,362,534

75. Campus Safety 26,152,080

76. Intercollegiate Athletics 28,851,169

77. Facilities Management 43,667,599

78. Central Accounts 64,464,812

79. Total Executive Vice President, COO 184,878,759$

Vice President, CFO and Treasurer80. Office of the VP, CFO & Treasurer 4,689,673$

81. Digital Document Services 95,000

82. OWLCard Office 420,000

83. Risk Management 532,011

84. University Budget Office 979,874

86. Controller's Office 4,560,256

85. Human Resources 5,643,509

87. Institutional Expenses 87,020,321

88. Total Vice President, CFO and Treasurer 103,940,644$

89. Total Support Units 597,673,248$

APPENDIX A

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APPENDIX B

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PA Resident Out of State Resident

Center for Performing and Cinematic ArtsBoyer College of Music $1,018 $1,350

Online MM in Music Education $744 $744

Theater, Film, Media Arts $1,001 $1,334

College of EducationCollege of Education $898 $1,231

Executive Educational Leadership Programs $1,128 $1,435

College of Education Program in JamaicaDoctoral $1,074 $1,074Master's $1,191 $1,191

College of Engineering $1,041 $1,373

College of Liberal Arts $898 $1,231

College of Public HealthPublic Health $928 $1,276

Social Work $898 $1,231

College of Science and Technology $1,065 $1,397

Fox School of Business and ManagementMaster of Business Administration (GMBA) † $1,188 $1,245

Master of Business Administration (PMBA) † $1,188 $1,188

Executive Master of Business Administration (EMBA)Class of 2018 (per credit hour) $1,999 $1,999Class of 2019 (per credit hour) $1,999 $1,999

Online Master of Business Administration (OMBA) $1,245 $1,245

Master of Accountancy (MAcc) † $1,114 $1,114

Master of Science - Professional Finance Suite (MS-FARM, MSFE, MSIM) † $1,114 $1,114

Master of Science in IT Auditing and Cyber Security (MS-ITACS) † $1,114 $1,114

Master of Science in Digital Innovation in Marketing (MS-DIM) † $1,114 $1,114

Online Master of Science in Human Resource Management † $1,114 $1,114

Master of Science Business Analytics † $1,114 $1,114

Master of Science Marketing (Strategic Advertising (in partnership with Klein College),Market Research and Enterprise Marketing)† $1,114 $1,114

Master of Science (all other MS programs not listed above) † $1,114 $1,245

Part-time Rate (per credit hour)

Temple University2017 - 2018 Tuition Rate Schedule

Graduate Programs

APPENDIX B

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PA Resident Out of State Resident

Part-time Rate (per credit hour)

Temple University2017 - 2018 Tuition Rate Schedule

Graduate Programs

Doctor of Philosophy (PhD) $898 $1,231

Executive Doctor of Business Administration Program (EDBA) $2,300 $2,300† Additional fees apply - please consult the Fox School of Business website

Klein College of Media and Communication $1,001 $1,334

School of Sport, Tourism and Hospitality Management $955 $1,108

Tyler School of ArtFine Arts (MFA) $1,088 $1,439

Architecture $1,083 $1,416

All Other Programs $898 $1,231

All students are assessed the University Services Fee during each academic semester based upon the number of credit hours they register for. The fee breakdown can be found on the last page of this document.

APPENDIX B

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PA Resident Out of State Resident PA Resident Out of State

Resident

Beasley School of LawDay Juris Doctor $24,990 $38,680Evening Juris Doctor $19,994 $30,952Part-Time Juris Doctor $966 $1,582

In addition to any University wide fees, Juris Doctor students,

full- and part-time, are assessed a Student Bar Association fee of $50

S.J.D. Program $966 $1,582

International Masters of Law ( LL.M ) $28,470 $28,470 $1,328 $1,328

Master of Law in Trial Advocacy ( LL.M) $25,000 $25,000

Graduate Tax Program $874 $1,127

Summer Abroad: Rome (Tuition includes an assessed $300 Program Fee) $3,800 $3,800

Temple Summer Professional Experience Curriculum (T-Spec) $3,750 $3,750(Tuition includes an assessed $250 Program Fee)

Law Summer Washington DC (Tuition includes an assessed $500 Program Fee) $4,750 $4,750

Temple - China (15 months tuition) $22,880 $22,880

Kornberg School of DentistryDMD Program $55,696 $62,898Graduate $815 $1,089

Advanced DMD Program $60,000 $60,000

Advanced Standing Doctor of the Medicine of Dentistry Programfor Faculty who are Graduates of Non-US/Canadian Dental Schools $899 $899

Lewis Katz School of Medicine MD Program $50,932 $54,004

GraduateUrban Bioethics $1,798 $2,122Biomedical Sciences - MS Degree $899 $1,232Biomedical Sciences - PhD Degree $899 $1,232Physician Assistant - MMSPA Degree $701 $736

Post baccalaureate ProgramBasic Core Medical Science (rate assumes fall, spring and two summer sessions) $27,460 $33,876Advanced Core Medical Science (rate assumes fall and spring semesters) $27,460 $33,876

School of PharmacyDoctor of Pharmacy $32,760 $36,550 $890 $1,057

Graduate (including M.S. in Quality Assurance) $1,041 $1,318

School of Podiatric MedicineD.P.M. Program $38,484 $40,210

All students are assessed the University Services Fee during each academic semster based upon the number of credit hours they register for. The fee breakdown can be found on the last page of this document.

Temple University2017 - 2018 Tuition Rate Schedule

Professional ProgramsPart-time Rate (per credit hour)Full-time Rate

APPENDIX B

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University Services Fee

All students are assessed the non-refundable University Services Fee every semester. The University Services fee is a single, comprehensive fee that helps fund a number of university services, including:

▪ Funding for state-of-the art computer equipment and technologies to provide support for the students' academic experiences, including e-mail access and modern lab facilities;

▪ Access to all student activities, events and recreational facilities;

▪ Expansion and maintenance of recreational and academic facilities to enhance and improve student life;

▪ Availability of basic student health and treatment services provided by nurses and physicians on campus.

The fee structure for the fall and spring semesters is:9+ credits $4455.0 to 8.9 credits $3191.0 to 4.9 credits $163

The fee structure for each summer session is:9+ credits $2245.0 to 8.9 credits $1701.0 to 4.9 credits $102

Temple University2017 - 2018 Tuition Rate Schedule

APPENDIX B

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