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Image 6 of Kentucky Alumni, vol. 74, no. 2, Summer 2003

Part of Kentucky alumnus

I ? I i`MT _ a' S i‘ F li “ A . i ei " ·*·‘ J ; ’““—;-‘‘ ‘ '» { ‘‘`»A it s _ A, , ·‘;.; — `_-· ’i i t;’ A>A€ i . _ P R E 5 I D E |\| T ii ~;’` A · ` A l C 0 I\I V E R S A A _ . ,:¤A>i‘ ,; ·. - 2 · 3 `A`` iA I E 7;, l ·i A ’*=’ ```‘‘$‘· a a` 0* `?`‘ in AA‘° i A·-= ’— i A “ ’ ’ A Y:A[ `V·’ ii ·· A5 s ’ a· A; . A `.·· A retezea z A ` ‘ , a;. ~*A· a 41; S "I would submit that UK remains a tremendous i value for the quality of education, especially it as 4 K K_ UN44,EKS,TY OF KENTUCKY when compared t0 our benchmarks. _K~A . Tu1t1on: One Part of the Whole . ""‘"v·a A It is always a challenge to manage budgets in difficult economic times. Embedded in budget deci- sions are the dreams of the university to achieve its goal of top-20 status and of the students to se- _ K an __r_ cure a culturally rich and successful life. Since the 2001-02 budget, UK’s state appropriations have U ‘ been reduced by $31.5 million by the Kentucky General Assembly, leaving the university far behind in its funding needs 4 One effect of this shortfall is the necessity to increase tuition, room and board fees beginning with 4 the fall 2003-04 academic year. The tuition increase will enable the university to be more successful, more financially stable and provide money for need-based scholarships. It will raise about $14.5 rnil- 4 K K KKK ,,,, KK K ,_,, KK KK KK KKKKKKKKKKKKK____K_KKKKKKK_____KKKKKKKKK__K__KKKKKKKK________KKKKKK _ lion in additional revenue. The re- Q inin h tf ll will b d i Combined Annual Total Tuition Total Tuition Amount Total Percent gala E S at 3* hi Cdmanage lt Ei Tuition and Fees: and Fees and Fees Increase Increase roug Saflmgs ac as rcsu 2002.03 2003.04 2003-04 2003.04 of academlc and &dm1mSt1`at1V€ [COI'- i ganizatron, overhead cost recovery, ii "dcrg llalcsidlimkl . §ii?§3€2.. ttii;‘S€2. $$3583 été? aid addiiiaaai aiaaiaai iaddaiidia- OI]- CS1 CII . . , . . K . ci · ideinneien cc. Resident $2,246.50 $2,440.50 $194.00 8.64% We have aiaaady iiiada.aaiaa cutam N6nAResiden1 $6.502.50 $7.514.50 $1.212.00 4 19.23% i Pwgiiaimmingi ff0Z€¤ Wing and lim· Graduate Resident $4,346.50 $4,974.50 $628.00 14.45% 1I€Cl Ol.1't—Of-Staté travel, 11Tlpl€1’I1€I‘lt€Cl MBA E9r{;1R9Sid¢¤t giiégggii §$?éi;g0 $@3%) . gé4i;€/ j utility and other budget reduction CS1 CHI , . , . . . . 0 E ` ` N6nAResideni $11.888.50 $14.786.50 $2.898.00 _ 24.38% i mlaaauris aa caagpusigad $311 iiiidy Law Resident $7.074.50 $8.770.50 $1.696.00 23.97% c aa B a mlm aa O PCSI 1°nS· ‘E Nen-Resident $16,574.50 $18,270.50 $1,696.00 10.23% 4 PIM t9 f€¤U0¢3t¢ as m¤¢h as $10 mila iannnnb. Resident $6,208.50 $7,688.50 $1,480.00 23.84% lion intemally. We continue to look at NO|'l-R€Sl(l€l’lI 24.56% f €V€I·y Operation and WOI-k tO bccon-lc Medieine Resident $11,435.00 $14,212.00 $2,777.00 24.29% A A A A e N6nAResideni $26,149.00 $52,604.00 $6,455.00 24.69% 4 mma afaclaat Wah Our aXP°“dm"€S‘ oeniisny Resident $10,079.00 $12,515.00 $2,436.00 24.17% _ We W1i1dira¢i$3·6 million Of the g Non-Resident $23.373.00 $29,151.00 $5,758.00 24.64% mcreased revenue to exrstmg scholar- g Prof. Doctoral Resident $5,804.50 $6,652.50 $848.00 14.61% ? ghjp prggrayng and designate another TE Non—Resident $15,812.50 $17,362.50 $1,550.00 9.80% K $1 minion to new n€€d_baS€d finaH_ E Raam ddd iaaaid iaiad Wiii iiiaiaaaa araviaidmaiaiv 6.¤araa¤tiii.2003r9d.. ..., cial did. We welcome all gifts or new, § and donations to existing, scholar- ships. Students at the university expect and deserve to be taught by the very best.They need quality classrooms, dorms and labs that promote an academic environment that inspires We — administra- tors, faculty, staff and alumni — are in this together with the students We are focused on our vision of teaching, research, and service to the Commonwealth as we charge toward the top 20. This tuition change is one step in keeping our eyes on the prize. President Lee T. Todd Jr. i``i A. K . 4 KENTUCKY ALUMNI

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