February 2018 Board meeting - CWU Sammamish - a

Tuition And Room And Board Charges Tuition and Fees

Academic

Undergraduate Students

Graduate Students

Room and Board (1)

Year

Resident

Non-Resident

Resident $10,641 10,398

Non-Resident

2017-18 2016-17 2015-16 2014-15 2013-14

$7,903 7,719

$22,010 21,522 20,406 19,467 18,606

$22,421 21,494 20,808 19,851 18,972

$10,684 10,175 9,690 9,316 8,874

7,593 (2) 7,941 7,995

9,282 8,874 8,517

(1) Residence Hall Room and Board, based on double occupancy and standard meal plan. (2) For the 2015-17 biennium the State Legislature mandated a 5% reduction in resident undergraduate tuition for the 2015-16 academic year with an additional 15% reduction for the 2016-17 academic year. Tuition backfill funding was provided by the State for the estimated reduction in net revenues for the 2015-17 biennium. See “UNIVERSITY FINANCIAL INFORMATION – University Operating Budget.” Comparative Tuition and Fees for Academic Year 2017-18 Washington State Public Universities/Colleges Resident Undergraduate Resident Graduate

$16,707 10,722

$19,128 16,020 10,965 10,641 10,803 11,193

Washington State University University of Washington Western Washington University Central Washington University The Evergreen State College Eastern Washington University

7,932 7,903 7,443 6,243

Source: Individual university web-sites

Student Financial Aid A summary of student financial aid delivered to students for the two most recent academic years is provided below. Student Financial Aid 2016-17 % of Total 2015-16 % of Total Funding Source Federal $ 86,880,476 66.1% $ 85,756,264 65.9% State 17,767,632 13.5 18,681,147 14.3 Institutional 18,869,596 14.4 18,609,048 14.3 Private donor/Other 7,856,279 6.0 7,132,907 5.5 Total $131,373,982 100.0% $130,179,366 100.0% Programs Grants $ 37,149,935 28.3% $ 40,039,391 30.8% Scholarships 4,639,969 3.5 3,695,394 2.8 Employment 1,129,221 0.9 1,062,352 0.8 Loans 71,613,933 54.5 70,177,628 53.9 Waivers 16,840,924 12.8 15,211,313 11.7 Total $131,373,982 100.0% $130,186,078 100.0% The majority of the University’s students have historically repaid their federal student loans in a timely manner, as evidenced by the University’s low fiscal year default rates for the past several years. The University’s official cohort default rate for the William D. Ford Federal Direct Loan program and the Federal Family Education Loan Programs combined was 6.1 percent for 2014, which is the most current information available, substantially below the 30 percent rate which would endanger the ability of an institution to participate in federal student loan programs. The University’s Financial Aid department adheres to the federal verification regulations to assure that the delivery of student aid funds is conducted accurately, expediently, and with integrity.

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