The middle ACT range at UA keeps getting wider: 23-32!

Gator88NE
Sun, 28 Jan 2018 05:00:49 +0000

To give you an idea of the financial impact from the scholarships…

In 2016:
Operating revenue :Tuition and Fees = $692,223,046
Less Scholarships allowances ($215,490,955)
Net: $476,732,091

So, about 31% of Tuition and Fees help fund the scholarships. A lot of UA “revenue” goes toward the scholarships.

@Studious99 Here’s a link to a NY Times article that explains UA’s strategy.

https://www.nytimes.com/2016/11/06/education/edlife/survival-strategies-for-public-universities.html

Instead of layoffs and cuts, some public universities facing budget challenges are following this blueprint for survival: higher charges to students, and more of them. Nowadays, the real money comes from tuition and fees. The average for four-year public colleges rose 81 percent in constant dollars between 2000 and 2014. At Alabama, tuition and fees have about doubled in the last decade, to $10,470 for residents and to $26,950 for nonresidents.

Even when it awards full-tuition scholarships, the university makes money — on dorm rooms and meal plans, books, football tickets, hoodies and school spirit items like the giant Bama banner Ms. Zavilowitz and her roommates bought for the blank wall in the suite’s common area. All told, these extras and essentials brought in $173 million last year — on top of $633 million in tuition and fees, up from $135 million in 2005.