ASU Current Financial Position

Major Points / Observations

• Fairly stable
• Future risks impacting ASU's financial health and viability

Observations – Strategic Trends

• Continuous reliance on state funding
• Modest increase in state appropriations
• Enrollment predictions indicate small increases
• Enrollment increases in associate degree programs
• Enrollment decreases in bachelor's degree programs
• Differential hourly rate differences impact tuition revenue
• Retention is important
• Need to increase enrollment

Observations – Enrollment Patterns

• Address Associate-Level and Bachelor-Level Enrollment Patterns

Potential Opportunities

Opportunities – Revenue Generation

• I. Instructional area various initiatives
• II. Auxiliary enterprises initiatives
• III. Facilities and real estate initiatives
• IV. Pricing differentiation – tuition and fees structures
• V. Partnerships and third-party service providers
• VI. Advancement and development programming and initiatives
• VII. Contracts and grants
• VIII. Renegotiate long-term auxiliary and business services contracts (food services, bookstores, vending, parking, transportation)
• IX. Negotiate long-term energy savings contracts
• X. Lease university-owned facilities
• XI. Provide services to local/state agencies and businesses based on faculty/staff expertise
• XII. Increase online/distance learning programs, courses, certificates
• XIII. Differentiated tuition pricing, per credit, tuition bundling
• XIV. Debit cards – internal and external card services operations