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NDUS Budget Cuts (changed name to be system-wide)


Cratter

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  • 1 month later...
1 hour ago, The Sicatoka said:

Lots of hoops.
Lots of questions about funding and did NDUS approve.

https://www.ndsu.edu/tuition-award-program 

so how in the heck are they gonna afford this?  i thought they were bleeding cash, and needed to cut back?   is the cost going to be passed on to the other students, residents, staff cuts, lower wages for profesors?

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9 minutes ago, 1972 said:

so how in the heck are they gonna afford this?

Really good question.
In Minnesota, the legislature covered it. Concordia is private, so no concern there.
NDSU is a state funded agency. I haven't seen anything on any SBoHE agendas or minutes that approve something like that, so that is pretty interesting. Wonder how this plays into the funding formula as well?

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1 hour ago, The Sicatoka said:

When you read the details there are many hoops. And this is a gap fill program, meaning just what other grants or scholarships don’t cover.

Yes - same as the Minnesota program, but they are all paid by the same tax payers.  Let's look at a family of 3:  At one wage: $0.00 and another family exceeding some income limit will have a minimum of $80,000 per child.  Or a total bill of $240,000 to receive the same public services.  Assuming that you are planning appropriately you have around 15 years to prepare for this and you required to put away an extra $16,000 annually.  Not all of us have GF Hockey money.

IMO, attending college should be more of a flat rate for all attending and tuition should be more in line with future wages earned.  Instead, it is simply another wealth transfer program.

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3 hours ago, The Sicatoka said:

When you read the details there are many hoops. And this is a gap fill program, meaning just what other grants or scholarships don’t cover.

Yeah, a gap fill until NDSU can say they are growing in students and UND isn’t, rather than vice versa.

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  • 4 months later...

So NDSU grants $10 million more than UND in tuition waviers, has a budget mess, and then received $5 million from the state with no strings attached, correct?

"In 2022-2023, NDSU granted more than $22 million in partial and full waivers benefitting more than 5,600 students.
UND granted just over $12 million in those waivers, benefitting nearly 2,000 students."

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In fairness, and because media isn't always fair nor accurate, were these waivers to students and the cost covered by State/NDSU funds or by outside (NDSU Alumni) sources? Who's paying the actual costs. 

Then again, if NDSU Alumni covered the costs wouldn't that be "scholarships" not waivers so maybe there's the answer. 

If it's $10M in waivers by NDSU (to arguably buy students) that's a really big number compared to UND even if you include UND's Alston funding and should be considered in the light, as stated, namely "So NDSU grants $10 million more than UND in tuition waviers, has a budget mess, and then received $5 million from the state with no strings attached."

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2 hours ago, The Sicatoka said:

In fairness, and because media isn't always fair nor accurate, were these waivers to students and the cost covered by State/NDSU funds or by outside (NDSU Alumni) sources? Who's paying the actual costs. 

Then again, if NDSU Alumni covered the costs wouldn't that be "scholarships" not waivers so maybe there's the answer. 

If it's $10M in waivers by NDSU (to arguably buy students) that's a really big number compared to UND even if you include UND's Alston funding and should be considered in the light, as stated, namely "So NDSU grants $10 million more than UND in tuition waviers, has a budget mess, and then received $5 million from the state with no strings attached."

Waivers are reductions in revenue.  There is no donation associated with them.

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5 hours ago, UNDBIZ said:

Waivers are reductions in revenue.  There is no donation associated with them.

But the university still gets credit in the state funding formula as there is no differentiator in regards to enrollment count in said formula? 

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9 hours ago, jdub27 said:

But the university still gets credit in the state funding formula as there is no differentiator in regards to enrollment count in said formula? 

I'd hope the formula would account for waivered students differently than full tuition students* when it comes to enrollment/credit hours/headcount numbers. If not, why not waiver in a bunch of kids to jack up the funding formula data in your favor. 

 

*be they scholarship or out of pocket they're still paying costs

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15 hours ago, jdub27 said:

But the university still gets credit in the state funding formula as there is no differentiator in regards to enrollment count in said formula? 

Correct.  No change in state funding for credits the institution is charging reduced or no tuition and fees for.

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