ASUSF Tuition Town Hall

Why will tuition increase in academic year 2020-2021?

Compensation increases for staff.

  • Approximately +$2.6 million in wages.
  • Approximately +$1.0 million in benefits.
  • On average, by about +3.0%.

Compensation increases for faculty.

  • Approximately +$4.0 million in wages.
  • Approximately +$1.5 million in benefits.
  • On average, by about +4.8%.

Why will tuition increase in academic year 2020-2021?

Increased financial aid.

  • By approximately +$4.0 million.

Various contractual / non-discretionary expenses will increase.

  • Related to information technology: +$600,000
  • Related to facilities contracts: +$540,000
  • Related to library subscriptions / services: +$170,000
  • Related to faculty development: +$150,000
  • Other: +$200,000

Increased budget to cover unforeseen contingencies.

  • Possibly up to +$1.0 million.

Recent history of tuition increases

Recent history of tuition increases

 

How do our tuition increases compare?

school 2018-2019 2019-2020 %change
University of Southern California 55,320 57,256 3.5%
Pepperdine University 53,680 55,640 3.7%
Santa Clara University 51,081 52,998 3.8%
Fordham University 51,285 52,980 3.3%
University of San Diego 48,750 50,450 3.5%
USF 47,550 49,740 4.6%
Loyola Marymount University 47,470 49,550 4.4%
Saint Mary's University 47,280 48,988 3.6%
University of Portland 45,564 47,478 4.2%
Seattle University 43,785 45,765 4.5%
Gonzaga University 42,370 44,280 4.5%
Loyola University of Chicago 42,720 44,130 3.3%
Average 48,071 49,938 3.9%
Average Exclude USF 48,119 49,956 3.8%

 

How do our tuition levels compare?

How do our tuition levels compare?

Financial Aid: The American Way

  • Partnership between government, institutions, student/family.
  • Mostly “means” tested.
  • Institutions given authority to administer government programs.
  • A long steady decline in the “grant” partnership, with the federal and state governments doing proportionally less and institutions more.

Financial Aid at USF (especially as tuition goes up)

  • Maximize each student’s eligibility for aid:
    • Adjust student budget
    • Identify additional Federal/State grant eligibility
    • Additional work study
    • Additional loan eligibility
  • Adhere to government program guidelines.
  • Help students achieve their educational goals.

Questions?

Jeff Hamrick, Vice Provost
jhamrick@usfca.edu

Michael Beseda, Vice Provost
mbeseda@usfca.edu

Tyrone Cannon, Interim Provost and Vice President
provost@usfca.edu

Paul Fitzgerald, S.J., President
president@usfca.edu