Budgeting and Planning Assumptions

Key assumptions used in the University’s budget-setting and planning work are set in the Priorities Committee process. Recent years’ parameters are displayed below. 

Historical
  FY15 FY16 FY17 FY18 FY19 FY20
Fee Package 55,440 57,680 60,090 62,750 65,810 69,020
Tuition 41,820 43,520 45,320 47,140 49,450 51,870
Room 7,570 7,920 8,335 8,980 9,520 10,090
Board 6,050 6,240 6,435 6,630 6,840 7,060
Year-over-year   4.00% 4.20% 4.40% 4.90% 4.88%
             
Endowment Inflator Rate  
Gross 5.00% 5.00% 17.00% 19.00% 4.00% 4.00%
Net 5.00% 5.00% 9.20% 19.00% 4.00% 4.00%
 
Academic Allowance Inflator 3.70% 3.30% 1.70% 5.60% 2.40% 1.90%
             
Benefits Rates  
Administrative 28.2% 29.2% 28.2% 28.2% 29.0% 26.6%
Academic 34.2% 34.8% 33.3% 37.1% 36.0% 33.9%