RE: CUSA 2017 Total Revenues per school (by category, donor support, student fees, tix $)
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[/quote]That simple answer by EE incorrectly states how the old rules worked.
Student fees were allowed by the Board of Regents prior to 3-4 years ago. But it didn't matter whether they were approved by the student body or not. Those collected student fees reduced the allowed transfer of other university state money to athletics dollar-for-dollar as I stated before. The Board of Regents rule change was only to exempt student body-approved fee collections from the dollar-for dollar reduction from the calculated formula maximum amounts.
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I think that while you're stating it accurately, EE is functionally correct in the instance of Tech by virtue of the fact that Tech always transfers the maximum amount of institutional support as per the cap you describe.
The rule change allows a self-assessed student fee to fund above and beyond the institutional transfer limit, as ULL does.
While it is a simplification, it's not functionally inaccurate in the case of Tech. Prior to the rule change,student fees of any kind could not be used to fund athletics ABOVE the institutional transfer limit. Now they can if they are self assessed.
[/quote]EE is not "functionally correct" when inaccurately stating that Tech always transfers the maximum possible amount of direct institutional support.
In the most recent 2017-2018 NCAA report, Tech transferred $9,172,689. That amount includes both the base support amount calculated by formula plus the 100% reimbursement for scholarships that has always been allowed.
The Board of Regents maximum base transfer amount listed for Tech in 2017-2018 was $5,842,613. Also listed was the budgeted transfer amount of only $3,142,640, under 54% of the maximum allowed.
According to tuition and fee figures on the Regents' website, Tech's annual in-state tuition and fees for 2017-2018 were just over $19,000. According to collegefactual.com, Tech has 366 student athletes. If you figure just 317.5 FTE scholarships at $19,000 each, that's $6,032,500. Add in the budgeted base transfer number and that adds up to $9,175,140, more than the actual transfer was.
Drop the FTE scholarship number down to 300 ($5,700,00 total), and if Tech had transferred the full allowed base amount for 2017-2018 the total transfer would have been over $11.5 million. That's almost $2.4 million more than the actual transfer amount.
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EE, as usual, is misquoted. I never posted that Tech always transfers the maximum amount to athletics. Only thing I post is the actual figures, never commenting if it is more or less. Secondly, a lot is written here about the "old method or rule" in effect prior to present formula. The old rule, prior to 2014, was very simple in that each school in the UL system could transfer $1,000,000 plus the total cost of room, board, scholarships, etc plus about $250,000 for gender equity. There was no mention of a student athletic fee by anyone anywhere as none was ever collected thus none could ever be transferred.
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