The second day of the Arizona Board of Regents meeting on the University of Arizona campus will be just as full as Day 1, with some interesting statistics to boot, if you’re into that kind of thing.
- Financial aid reports – In accordance with the Board’s “2020 Vision” (visited in part one of the WatchCat ABOR Preview), the Regents will be looking at financial aid plans for Fiscal Years 2010 and 2011, as well as reflecting on the FY 2009 financial aid situation concerning the Arizona university system.
Since part of the “2020 Vision” is to increase both the number of degrees produced and the total number of students within the university system, naturally, financial aid must be examined to be able to make Arizona’s university more affordable, according to the Regents’ agenda. Basically, the idea is that if college is made more affordable, more people will go to college. Don’t ask me how this fits into ABOR’s plan to “maintain educational excellence,” but it sure should make some money.
Instead of regurgitating info, here are some numbers straight from the horse’s mouth:
-Total financial aid within the state university system for 2008-2009: $1.3 billion, a 19 percent increase from the previous year
-Amount of above figure that accounted for the UA financial aid for 2008-2009: About $430 million
-Amount of debt students typically find themselves in upon graduation: $19,110, a 12 percent increase over the last six years
-The largest source of financial aid awards: Student loans, at 48 percent
-The smallest source of financial aid awards: State funding (no kidding; we knew that even a year ago), at about 1 percent
-Average net tuition paid by full-time undergraduate residents: $2,253
- Enrollment and graduation trends: The Regents will be discussing plans concerning undergraduate enrollment. Although undergraduate enrollment is 1,400 short of projections, the number of bachelor’s degrees awarded is more than 1,500 ahead of projections. Interesting.
Again, the numbers tell the story:
-Fall 2008 freshmen admitted without academic deficiencies: 72 percent
-Fall 2007 freshmen admitted without academic definciencies: 79 percent
-Average fall 2008 freshmen GPA: 2.9
-Average fall 2007 freshmen GPA: 2.8
-Enrollment increases by university: UA – 1.9 percent; Arizona State University – 1.5 percent; Northern Arizona University – 4.5 percent
-Percentage of Arizona university system students who are out-of-state undergraduates: 24.3 percent
-Percentage of UA students who fall into the above category: 30.3 percent
-The number of bachelor’s degrees awarded by the Arizona university system in 2008-2009: 20,106 degrees; ASU awarded 11,229, while the UA awarded 5,915. NAU brought up the rear with 2,963 bachelor’s degrees awarded
-The number of graduate degrees awarded by the Arizona university system during that same timeframe: 8,562; ASU – 4,381, UA – 2,327; NAU – 1,854
-Curiously, undergraduate enrollment is up 3 percent while graduate enrollment is down 1.2 percent.
- Revising the Student Code of Conduct: The Board of Regents will be revising the universities’ Student Code of Conduct policies to reflect the recent change in Arizona law allowing firearms to be stored in locked compartments within vehicles. It is worth noting that the revised code will allow universities to require that cars carrying firearms be parked in alternate parking lots, if the universities so choose to exercise that requirement.