As usual, FAMU came nowhere close to meeting the Florida Legislature’s tuition and fee projections during the fiscal year ending (FYE) in 2009.The legislature estimated that FAMU would bring in $52.7M in tuition and fee money in FYE 2009. FAMU collected $7.5M less than that figure for a total of $45.2M.
Each year, the legislature bases its tuition and fee projections on the bogus assumption that every university student will take a full course load.
FAMU’s housing shortage makes college very expensive for the student body. Most students come from families that make $30,000 or less per year and reduce their course loads as the cost of college goes up.
Even though the legislature continues to use projections that are out-of-touch with reality, FAMU did actually see a big net increase in its overall tuition and fee collections. FAMU’s net gain was $5,825,368 in FYE 2009. It was only $181,627 in FYE 2008.
2009’s enrollment increase of 417 students helped bring in more tuition and fee money. FAMU President James Ammons also increased the university's institutional grant budget by $4.9M, which gave students more money to spend on classes.
Legislative tuition/fee projections:
2009: $52,778,244
2008: $52,367,797
2007: $56,427,269
FAMU’s tuition/fee collections:
2009: $45,262,162
2008: $39,436,794
2007: $39,255,167
The legislature estimates that FAMU will receive $57.1M in tuition and fees in FYE 2010.
Source: FAMU IPEDS reports.