Budget Template/Form

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New Degree or Certificate Proposal Template: Pro Forma Budget

• Download the excel version (updated 4/26/19)

	Fiscal Year
	1	2	3	4
Revenue
Cumulative Total NEW headcount enrollment	0	0	0	0
NEW Resident enrollment (# of new students entering the program each year)
NEW Non Resident Enrollment  (# of new students entering the program each year)
Resident (credit hours delivered outside of NEW Program)	0	0	0	0
Resident (credit hours delivered in NEW Program)	0	0	0	0
Non Resident (credit hours delivered outside of NEW Program)	0	0	0	0
Non Resident (credit hours delivered in NEW Program)	0	0	0	0
Total Resident credit hours generated**	0	0	0	0
Total Non Resident credit hours generated**	0	0	0	0
Per Credit Tuition*
Resident (Posted Tuition Rate)	$134	$139	$145	$151
Nonresident (Posted Tuition Rate)	$537	$558	$581	$604
Prior Year's Non Resident Discount Rate (updated annually by the budget office)	30%	30%	30%	30%
Estimated Actual Non Resident Per Credit Tuition	$376	$391	$407	$423
Total Resident Tuition generated outside of NEW Program	$0	$0	$0	$0
Total Resident Tuition in NEW Program	$0	$0	$0	$0
Total Non Resident Tuition outside of NEW Program	$0	$0	$0	$0
Total Non Resident Tuition in NEW Program	$0	$0	$0	$0
Total Tuition from NEW Enrollment	$0	$0	$0	$0
Fees
Program Per Credit Hour	$0	$0	$0	$0
Program Fee Revenue	$0	$0	$0	$0
Advising Fee Per Credit Hour	$6.00	$6.00	$6.00	$6.00
Advising Fee Revenue	$0	$0	$0	$0
Mandatory Fee (Per Full Time Student)	$690.00	$690.00	$690.00	$690.00
Mandatory Fee Revenue	$0	$0	$0	$0
Total New Revenue Generated Within New Program	$0	$0	$0	$0
Total New Revenue Generated Outside of the Program	$0	$0	$0	$0
Total New Revenue Generated	$0	$0	$0	$0
New Program Expense Assumptions
Compensation and benefits
Faculty	$15,000	$10,000	$10,000	$10,000
Other administrative staff
Graduate Assistants
Supplies
Travel
Marketing	$50,000	$5,000	$5,000	$5,000
Capital expense	0	0	0	0
Other (specify)	0	0	0	0
Projected Financial Results for New Program	FY1	FY2	FY3	FY4
Total Expenses	$65,000	$15,000	$15,000	$15,000
Total New Revenues Remaining with Program	$0	$0	$0	$0
New Program's Total Surplus or Deficit	-$65,000	-$15,000	-$15,000	-$15,000
Operating margin (surplus or deficit / revenues)	No Value	No Value	No Value	No Value