<p>U.Va</a>. Tuition Increase of 3.7 Percent for In-State Students Is Smallest in 10 Years</p>
<p>The above press release from a couple months ago describes some of the financial constraints of the U. It also describes the increased fees that are being assessed on engineering and nursing students.</p>
<p>The fees can be a killer unfortunately. The schools are looking more at using them to help with finances since they were warned by our Gov to keep the tuition costs down. We just sent in our fall tuition payment for our s at VT. Added up about 1200 dollars in fees not related to housing, dining, etc. </p>
<p>Also, I don’t know if UVA follows suit in the arch fields, but we usually get another 20-40 dollar bill each month for printing costs. Some majors are definitely becoming more expensive than others. I think the fees increase will only continue to climb if the schools are told to not jack up tuition. Tuition, fees, every little bit hits the pocketbook.</p>
<p>Charlie – fwiw, that info let’s you calculate what UVA’s revenue model really looks like (i.e. giving effect to financial aid and also to state support) on a per student basis:</p>
<p>A. 23% of students are IS with aid and pay an average of $13,221 ($21,821 revenue to UVA after adding 8,600 of state support). 14.5% of revenue.
B. 44% of students are IS without aid and pay an average of $25,400 ($34,000 to UVA with state support). 43% of revenue.
C. 10% of the students are OOS with aid and pay an average of $27,817. 8% of revenue.
D. 23% of the students are OOS without aid and pay an average of $51,600. 34% of revenue.</p>
<p>I don’t really understand why they’re describing the engineering fee as a “laboratory fee” when it seems to apply to purely lecture based courses as well.</p>
<p>Interesting calcs, Northwesty. It shows that the full pay international students and other full pay out of state students are critical to UVa’s budget. </p>
<p>Because the out of state tuition is higher than average costs to educate a student, there still are plenty of out of state students who receive some aid who pay for themselves.</p>
<p>Is it obvious what exactly triggers the “Engineering Course” fee of $320? We have it on our bill for a College student who is not formally in Engineering, but takes courses that overlap.</p>
<p>Any course that anyone takes in the engineering school is charged an extra fee per credit hour for that course.</p>
<p>Northwesty : You appear knowledgable. My grandson is OOS paying full tab 52,000.
Just a reminder for all you guys. Yes your families payed State taxes but so did we.
Most VAs getting good deal - even with little aid. Now explain this:
Peabody Reports : OOS apps : 28,272 VA (IS) apps: 8,788 VA (IS) offers : 3,403 (38.7%) OOS offers : 4,355 (22.4%). Where is the 70% for
VA (IS) offers ? Should be : 0.7 X 8,788 ? Mean : there weren’t 70% who qualified?</p>
<p>Yianni12</p>
<p>yianni12 -
If I’m understanding your question correctly, they have to make the correct number of offers to OOS and IS that will yield the proper ratio to the student body.</p>
<p>The intent is approx. 67% to 70% undergrads to be in-state. There are many more out of state applicants than in-state, but out of state has a much lower yield because it is much more expensive and because those accepted students typically have more offers from other top notch universities. </p>
<p>The 28,300 is the total number of undergrad applicants, not in-state applicants. </p>
<p>If the U. accepted 70% of undergrad in-state applicants, the U. would have to dramatically expand, which would destroy one of the primary things that makes the U. attractive to students.</p>
<p>Yianni12 To: Charlieschm : You are correct - I erred on the 28,300.
My point however is : was the State Law requiring 70% VA acceptences violated?
Only 3403 VA offers were made for 38.7% out of 8788 VA apps - offers alone under 70%
Law must be that 70% Qualified VA acceptences must be made.
Conclusion: Not enough VA applicants qualified for acceptence - hence the 38.7%
PS : Most You VA guys still getting good deal. Stay well.</p>
<p>The law is not 70% acceptance, the law is that the university maintains a 1/3 OOS: 2/3 IS ratio of enrollment. Those are two different things. When admissions makes offers they do so, both IS and OOS knowing the yield, to get the proper enrollment ratio. What you are missing is yield.</p>
<p>blueiguana: As I understand You : UVA attempts to maintain a 2/3 VA enrollment or yield.
But they only made 3403 VA offers or 38.7% of VA apps ( 8788). Do you not see that they
did not make enough offers to reach a 2/3 enrollment (yield). Min offer should’ve been:
2/3 X 8788 and assume 100% VA yield - to start with. However do you have final,
reliable yield numbers - are they 2/3 VAs?</p>
<p>blueiguana: Continuing this:</p>
<p>Conclusion: Since UVA did not even make the minimum amount of offers which would
be: 5888 ( 2/3 X 8788 apps ) The difference : 5888 - 3403 = 2485 were not qualified
<p>yianni - As Charlie pointed out Va residents have a higher yield, they accept offers of acceptance more often. Out of state students have a lower yield rate due to any number of reasons (higher cost, other options at peer institutions at comparable cost, lack of acceptable fin-aid, a more attractive offer, etc.). More offers need to be made to get fewer students accepting the offer.</p>
<p>Your insistence that there were not enough qualified Va students is laughable, and insulting. I’m not going to go through the math with you. Admissions has been doing this a LONG time. They have to keep a 2/3:1/3 ratio. They make the proper number of offers that will yield that ratio.</p>
<p>I would also add that the UVa waiting lists are huge, and are broken into in-state and out of state categories for each college. They use those waiting lists as needed to meet the mandated ratio, among other considerations. However, lately the yield has been high enough that the waiting lists have not been used much.</p>
<p>Blueiguana : BUT blueiguana look at final yields : VAs 38.7% vs 22.4% OOS</p>
<p>where is the 1/3 vs 2/3 ratio? Its approaching a 50 - 50 ratio. Did Admissions fail -</p>
<p>or did they really want more OOS to gain more monies - think about it.</p>
<p>These are the numbers - I did not make them up. The final yields came out of the</p>
<p>Peabody Report - check and confirm my calcs. Meantime again, stay well.</p>
<p>PS : Pls understand I do not undermine VAs - there were many more OOSs that did not</p>
<p>make it. Pls get this thought out of your head.</p>
<p>Yanni – You are misunderstanding the term “yield.” Yield is the number of offers that are accepted. UVA has a higher offer/acceptance rate and yield from in state applicants, but fewer applications. More applications, lower acceptance rate, lower yield for out of state.</p>
<p>UVA’s in-state yield is typically in the mid 60s. OOS is in the mid 20s. Blended, it comes out to the mid 40s. UVA admissions is pretty good at bringing in a class between 67 and 70 % in state year after year after year after year. See below.</p>
<p>[IAS</a> Historical Data: First-Time First-Year Applicants by Residency](<a href=“http://www.web.virginia.edu/IAAS/data_catalog/institutional/historical/admission/first_by_residency.htm]IAS”>http://www.web.virginia.edu/IAAS/data_catalog/institutional/historical/admission/first_by_residency.htm)</p>
<p>Yianni, I think Northwesty explained everything. I apologize for my frustration. </p>
<p>Northwesty, thanks for the great explanation. It wasn’t apparent until this last post that the term yield wasn’t clear.</p>
<p>223 IS applications gives you 100 in state offers gets you 67 in state enrollees. 45% admit rate and 67% in state yield.</p>
<p>528 oos applications gives you 132 oos offers gets you 33 oos enrollees. 25% admit rate and 25% oos yield. </p>
<p>QED</p>