1998-1999 Funding Model Parameters

NC State University – Imputed Formula Funding per SCH based on 1998-1999 Year

This table is intended for use in projection tasks during FY 1997-98 for planning in the 1998-1999 budget year

See notes after Table 3 at bottom of page.

 

This information is presented for planning purposes. Please note that there is no official policy linking formula funding to internal allocation of funding at college or department level.

 

Table 1 : Purpose 101 Funding Calculation per Additional 1 SCH per Year

Enrollment Category and Level/Cost SCH
Productivity Matrix
Change Faculty FTEs
$/Faculty FTE $60,604.00
Academic Support
Purpose 101 Subtotal
44.895%
Undergrad/Category 1 1 643.72 0.00155 $94.15 $42.27 $136.41
Undergrad/Category 2 1 487.37 0.00205 $124.35 $55.83 $180.18
Undergrad/Category 3 1 364.88 0.00274 $166.09 $74.57 $240.66
Undergrad/Category 4 1 230.52 0.00434 $262.90 $118.03 $380.93
Master’s/Category 1 1 171.44 0.00583 $353.50 $158.70 $512.20
Master’s/Category 2 1 249.94 0.00400 $242.47 $108.86 $351.33
Master’s/Category 3 1 160.93 0.00621 $376.59 $169.07 $545.65
Master’s/Category 4 1 102.45 0.00976 $591.55 $265.57 $857.12
Doctorate/Category 1 1 138.41 0.00722 $437.86 $196.58 $634.43
Doctorate/Category 2 1 146.74 0.00681 $413.00 $185.42 $598.42
Doctorate/Category 3 1 122.95 0.00813 $492.92 $221.29 $714.21
Doctorate/Category 4 1 70.71 0.01414 $857.08 $384.78 $1,241.86

 

Table 2 : Total Institutional Funding Calculation per Additional 1 SCH per Year

Enrollment Category and Level/Cost Purpose 101 Subtotal Plus Library Plus Institutional Support Funding Total
11.485% 54.050%
Undergrad/Category 1 $136.41 $15.67 $73.73 $225.81
Undergrad/Category 2 $180.18 $20.69 $97.38 $298.25
Undergrad/Category 3 $240.66 $27.64 $130.08 $398.37
Undergrad/Category 4 $380.93 $43.75 $205.89 $630.57
Master’s/Category 1 $512.20 $58.82 $276.84 $847.87
Master’s/Category 2 $351.33 $40.35 $189.89 $581.58
Master’s/Category 3 $545.65 $62.67 $294.92 $903.24
Master’s/Category 4 $857.12 $98.44 $463.27 $1,418.83
Doctorate/Category 1 $634.43 $72.86 $342.91 $1,050.21
Doctorate/Category 2 $598.42 $68.73 $323.44 $990.59
Doctorate/Category 3 $714.21 $82.02 $386.03 $1,182.26
Doctorate/Category 4 $1,241.86 $142.62 $671.22 $2,055.71

 

Table 3 : Funding per Faculty FTE Equated to Full Time Students

Enrollment Category and Level / Cost SCHs per Faculty FTE (see note) SCHs per Year per 1 FT Student FT Students per Faculty FTE
Undergrad/Category 1 444.3 30 14.8
Undergrad/Category 2 336.4 30 11.2
Undergrad/Category 3 251.8 30 8.4
Undergrad/Category 4 159.1 30 5.3
Master’s/Category 1 118.3 18 6.6
Master’s/Category 2 172.5 18 9.6
Master’s/Category 3 111.1 18 6.2
Master’s/Category 4 70.7 18 3.9
Doctorate/Category 1 95.5 18 5.3
Doctorate/Category 2 101.3 18 5.6
Doctorate/Category 3 84.9 18 4.7
Doctorate/Category 4 48.8 18 2.7

Notes:

Based on current (1998-99) funding formula productivity matrix, standard faculty salary, and support %s.
SCH per Faculty FTE = $60,604 / Purpose 101 subtotal.
These calculations represent change of adding 1 SCH or adding 1 faculty FTE to current base. Future SCHs are projected each fall for the following budget year. SCHs in projection are used to compute change to base in funding requirements for budget process.
there is no stated policy that funding change to the institution implies funding change for department.