Wednesday, January 11, 2017

NCA&T gained $4M in tuition and fees during 2015-2016 as FAMU took $9M+ loss

North Carolina A&T University remains the #1 largest single campus historically black college or university. It took that title from FAMU back in 2014-2015.

The enrollment at NCA&T has continued to increase since then. NCA&T had a total of 10,852 students in Fall 2015. But FAMU’s student numbers slid down to 9,920. That cost FAMU $9M+ from tuition and fee losses.

NCA&T had an increase of about $4M in tuition and fees due to its enrollment bump in 2015-2016.

“Total operating revenues increased by $8,622,354.16. This was due to significant changes in tuition and fees and sales and services revenue of $4,049,549.13 and $6,227,931.62, respectively. The 7.17% increase in tuition and fees was attributable  to  an  increase  in enrollment as well as increases in  tuition  and  fees rates,  particularly  for  out-of-state  students,” the Management’s Discussion & Analysis section of the 2016 financial audit for NCA&T stated.

NCA&T will take in even more tuition and fee money this year. It enrolled 11,150 students in Fall 2016. FAMU took another hit in enrollment, with the student numbers down to 9,612 students.

Former FAMU President Elmira Mangum defended the enrollment decline as being necessary in order to increase the quality of the students FAMU has.

“Quantity does have to be sacrificed in order to get quality,” she told the FAMU Board of Trustees at her last meeting.

But NCA&T Chancellor Harold Martin hasn’t placed quality aside as he has expanded enrollment. The freshman, first-time student classes that Martin enrolled in Fall 2014 and Fall 2015 both had an average high school GPA of 3.28. Martin brought in a freshman class with an average high school GPA of 3.48.

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