The University of California at Berkeley. A Brief Overview July 2007 For Presentation in Tokyo by Professor Stephen Cohen

Transcription

1 The University of California at Berkeley. A Brief Overview July 2007 For Presentation in Tokyo by Professor Stephen Cohen 1

2 Universities Ranked by Number of Graduate Departments in Top Berkeley (35) 2. Stanford (31) 3. Harvard (26) 4. Princeton (22) 5. MIT (20) 6. Cornell (19) 6. Yale (19) 8. Chicago (18) 9. Pennsylvania (15) 10. UCSD (14) 10. Columbia (14) 10. Michigan (14) 10. Wisconsin (14) 14. UCLA (13) 2

3 Measures of Faculty Excellence Awards and Honors Comparisons Top Ten National National Academy of Academy of Sciences Sciences Harvard Harvard Berkeley Berkeley Stanford Stanford MIT MIT Yale Yale Caltech Caltech UCSD UCSD Princeton Princeton Cornell Cornell Wisconsin Wisconsin Nobel Nobel Laureates Laureates Harvard Harvard MIT MIT Stanford Stanford Caltech Caltech Chicago Chicago Berkeley Berkeley Princeton Princeton Cornell Cornell 7 7 Yale Yale 5 5 UCLA UCLA 4 Illinois Illinois 4 4 National National Academy of Academy of Engineering Engineering MIT MIT Stanford Stanford Berkeley Berkeley Texas Texas Caltech Caltech Illinois Illinois Georgia Georgia Tech Tech Cornell Cornell USC USC UCSB UCSB National National Medal of Medal of Science Science Harvard Harvard Stanford Stanford Berkeley Berkeley Caltech Caltech MIT MIT Princeton Princeton Illinois Illinois Columbia Columbia Wisconsin Wisconsin 9 9 UCLA UCLA 8 Yale Yale 8 8 3

4 Campus Finance 101 Syllabus Q.How is Berkeley funded? Q.How does Berkeley use its funding? Q.How does Berkeley s funding compare with other public/private peer institutions? Q.What are Berkeley s most critical financial challenges? Q.What funding sources can we leverage in the future? 4

5 UC Berkeley Revenues Private Support 17% State Funds 35% Auxiliaries and Other 9% Student Fees 19% Federal Sponsored Research 20% Total: $1.3 Billion 5

6 UC Berkeley Revenues Private Support 17% State Funds 35% Endowment Income $73M Contracts $40M Grants $30M Restricted Gifts $74M Unrestricted Gifts $5M Auxiliaries and Other 9% Student Fees 19% Federal Sponsored Research 20% 6

7 UC Berkeley Revenues vs Student Fees 12% Auxiliaries and Other 8% Private Support 7% Auxiliaries and Other 9% Private Support 17% State Funds 35% Federal Sponsored Research 20% State Funds 53% Student Fees 19% Federal Sponsored Research 20% Total: $273 Million Total: $1.3 Billion 7

8 Campus Finance 101 Q. How does Berkeley use its funding? 8

9 UC Berkeley Expenditures Student Srvcs., Inst. Support, Plant, and Aux. 25% Instruction and Academic Support 38% Financial Aid 5% Public Service 4% Research 28% Total: $1.3 Billion 9

10 Faculty/Staff Salaries and Benefits = 66% of Campus Expenditures Contracts, Services, Equipment, Utilities, Other 34% Academic Wages 26% Employee Benefits 11% Staff Wages 29% 10

11 Campus Finance 101 Q. How does Berkeley s funding compare with other public/private peer institutions? 11

12 State Funding and Tuition/Fees per Student $100K $80K $60K $40K $20K $0K Princeton Harvard Stanford MIT Michigan UCLA Berkeley Virginia State Funding Tuition/Fees 12

13 State Funding, Tuition/Fees and Endowment Payout per Student $100K $80K $60K $40K $20K $0K Princeton Harvard Stanford MIT Michigan UCLA Berkeley Virginia State Funding Tuition/Fees Endowment Payout (est.) 13

14 Berkeley: State Funding and Fees per Student $25K $20K $15K $10K $5K $0K (est.) State Funding Fees 14

15 Campus Finance 101 Q. What are Berkeley s most critical financial challenges? 15

16 Q. What are Berkeley s most critical financial challenges? 1. Faculty/staff recruitment and retention 2. Maintaining student access 3. Facilities upgrades and maintenance 16

17 Challenge #1 Faculty/staff recruitment and retention 17

18 Gap in Faculty Salaries: Berkeley to Private Peers, Full Professors Harvard +28.0% Princeton +18.4% Stanford +15.9% MIT +9.8% AAUP Salary Survey

19 Berkeley Faculty Retention Cases: Results of offers made to tenured Berkeley faculty by PEER PRIVATES, 2000 Present Institution # Recruited # Lost Harvard 19 6 Yale 12 3 Stanford 11 7 Princeton 8 0 Chicago 8 1 Caltech 7 2 MIT

20 Ratio of Total Student FTE to Permanent Faculty FTE (Filled Faculty Positions)

21 Challenge #2 Maintaining student access Freshman Stats 85% from public high schools 27% firstgeneration college students 72% on financial aid (all undergrads) 31% from families with incomes less than $40,000 21

22 Percentage of Undergraduates Receiving Pell Grants, % 35% 8% 10% 11% 12% 12% 12% Yale Wisconsin Chicago Stanford MIT Michigan Berkeley UCLA 22

23 Sources of Financial Aid Funds State 6% General Funds 2% Federal 27% Fees return to Financial Aid 35% Athletics 3% Private 11% Total: $160M Endowment Income 16% 23

24 Challenge #3 Facilities upgrades and maintenance 24

25 Annual Capital Project Expenditures $250M $200M $150M $100M $50M $0M New Building Construction Seismic & Renovations Deferred Maintenance 25

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