Fall 2003 Enrollment Update: Week 17 (8/4/2003)
Part 1. Headcounts and Full-time Equivalents
|
STUDENT CATEGORY |
STUDENTS |
FTE |
|||
|---|---|---|---|---|---|
|
2002 |
2003 |
2002 |
2003 |
||
|
Continuing Undergraduates by Class |
Freshman |
154 |
135 |
122 |
113.9 |
|
Sophomore |
974 |
963 |
862 |
889.3 | |
|
Junior |
920 |
884 |
826 |
816.9 | |
|
Senior |
1459 |
1467 |
1244 |
1286.0 | |
|
All |
3507 |
3449 |
3054 |
3106.1 | |
|
New Freshmen |
905 |
980 |
827 |
945.3 | |
|
Transfers |
311 |
454 |
248 |
366.7 | |
|
Reentries |
75 |
77 |
48 |
40.1 | |
|
Undergraduate Specials |
50 |
38 |
23 |
19.3 | |
|
Graduate Students |
70 |
98 |
35 |
52.2 | |
|
Total in CAMPUS programs |
4918 |
5096 |
4235 |
4529.6 | |
|
Extended Degree (1) |
245 |
219 |
111 |
93.3 | |
|
GRAND TOTAL |
5163 |
5315 |
4346 |
4622.9 | |
(1) EDP data cover the enrollment period from 1/1/2003 through today, including all EDP classes in the Spring 2003 and Summer 2003 sessions.
Part 2. Tuition Revenue Estimates
|
LEVEL |
Category |
Enrollment Targets (2) |
Actual Enrollment |
Tuition Rate (3) |
Estimated Revenue |
|---|---|---|---|---|---|
| Undergraduate | |||||
|
Full-time Resident HEADS |
3,987 | 4,110 | $1,750.20 | $7,200,323 | |
| Part-time Resident HOURS | 4,137 | 4,752 | $145.85 | $695,413 | |
| Full-time Non-resident HEADS | 145 | 152 | $6,773.40 | $1,030,121 | |
| Part-time Non-resident HOURS | 160 | 199 | $564.45 | $112,326 | |
| Undergraduate Sub-total | $9,038,182 | ||||
| Graduate | |||||
|
Full-time Resident HEADS |
29 | 23 | $2,421.00 | $55,683 | |
| Part-time Resident HOURS | 456 | 283 | $269.00 | $76,127 | |
| Full-time Non-resident HEADS | 10 | 10 | $7,726.05 | $77,261 | |
| Part-time Non-resident HOURS | 12 | 8 | $858.45 | $6,868 | |
| Graduate Sub-total | $215,938 | ||||
| GROSS TOTAL | $9,254,120 | ||||
(2) The targets
shown here are preliminary targets from the 2003-04 revenue projection,
which has not been finalized.
(3) The tuition rates shown here are 2003-04 rates that the Board of
Regents approved at its July 2003 meeting.
Part 3. Projections to the end of the summer
| STUDENT CATEGORY |
Current 2003 FTE |
Projected Change (4) |
Projected 2003 FTE |
FTE Goal (5) |
Projection as a % of Goal |
|---|---|---|---|---|---|
| Continuing Undergraduates | 3106.1 | +0.8% | 3132 | 3060 | 102.3% |
| New Freshmen | 945.3 | -1.3% | 933 | 957 | 97.5% |
| Transfers | 366.7 | +2.8% | 377 | 330 | 114.3% |
| Reentries | 40.1 | +4.2% | 42 | 50 | 83.5% |
| Undergraduate Specials | 19.3 | +113.0% | 41 | 50 | 82.2% |
| Graduate Students | 52.2 | +105.7% | 107 | 80 | 134.2% |
| Sub-total w/o EDP | 4529.7 | 4632 | 4527 | 102.3% | |
| Extended Degree | 93.3 | -9.0% | 85 | 50 | 169.2% |
| GRAND TOTAL | 4623.0 | 4716 | 4577 | 103.0% |
(4) The projected
changes are based on how categories shifted last year between this time and the
final report.
(5) Goals are set by the Enrollment Management Committee and reflect our need to
achieve both FTE and revenue targets.
Highlights
-
Our Fall 2003 total FTE target is 4,387 (up 30 from last year's target). We have achieved that target. We anticipated needing to enroll 4,577 FTE to reach our tuition revenue targets. We have achieved that FTE figure, also.
-
New student enrollments (freshmen and transfers combined) are projected to end with 1310 FTE, 1.8% over the goals set for new undergraduates.
-
Continuing undergraduate FTE enrollments are coming in higher than the goal. Retention is very strong. Graduate student enrollments are now also appearing stronger than last year, and are currently divided into the four programs as shown below:
-
Our tuition revenue target for 2003-04 has not been established. However, we know it will be approximately the same as 2002-03. In 2002-03, we overshot our fall FTE target but failed to achieve our tuition revenue target. Because our students are taking heavier credit loads, it requires fewer students to achieve the FTE target. Since tuition is generated on the basis of students (not FTEs), reducing the number of enrolled students depresses tuition revenues. A decline in non-resident students, who pay much higher tuition, has contributed to declining revenues. Both of these trends -- students taking heavier loads and fewer non-residents attending -- are escalating in our 2003 student body. Achieving our tuition revenue target in 2003-04 will require enrolling more FTEs than are currently built into the target of 4387. The goals documented in Part 3 are based on our need to reach the revenue target.
Comparison Reports
Fall 2003 |
Fall 2002 |
Fall 2003 |
Fall 2002 |
Fall 2003 |
Fall 2002 |
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Week 1 |
Week 1 |
Week 9 |
Week 9 |
Week 17 |
Week 17 |
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Week 2 |
Week 2 |
Week 10 |
Week 10 |
This report |
Week 18 |
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Week 3 |
Week 3 |
Week 11 |
Week 11 |
- |
Week 19 |
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Week 4 |
Week 4 |
Week 12 |
Week 12 |
- |
Week 20 |
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Week 5 |
Week 5 |
Week 13 |
Week 13 |
- |
Week 21 |
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No report |
Week 6 |
Week 14 |
Week 14 |
- |
Week 22 |
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Week 7 |
Week 7 |
Week 15 |
Week 15 |
- |
Week 23 |
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Week 8 |
Week 8 |
Week 16 |
Week 16 |
- |
Tenth Day |
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Final |