2003-2004 Funding Model Parameters

NC State University – Imputed Formula Funding per SCH based on 2003-2004 Year
The data in this table was used in the Fall 2002 UNC-OP budget projection process for the fiscal year 2003-04.

See notes after Table 3 at bottom of page.

This information is presented for planning purposes, and in particular in computing estimated funding for SCHs generated by new programs for inclusion in the proposal. 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 (Instructional) Funding Calculation per Additional 1 SCH per Year

Enrollment Category  
Productivity
Change
$/Faculty FTE
Acad Sup
Purpose 101
and Level/Cost
SCH
Matrix
Fac FTEs
$72,136.00 
44.895%
Subtotal
Undergrad/Category 1
1
643.72
0.00155
$ 112.06 $ 50.31 $162.37
Undergrad/Category 2
1
487.37
0.00205
$148.01 $ 66.45 $ 214.46
Undergrad/Category 3
1
364.88
0.00274
$ 197.70 $ 88.76 $286.45
Undergrad/Category 4
1
230.52
0.00434
$ 312.93 $ 140.49 $ 453.41
Master’s/Category 1
1
171.44
0.00583
$ 420.77 $ 188.90 $ 609.67
Master’s/Category 2
1
249.94
0.00400
$ 288.61 $ 129.57 $ 418.19
Master’s/Category 3
1
160.93
0.00621
$ 448.24 $ 201.24 $ 649.48
Master’s/Category 4
1
102.45
0.00976
$ 704.11 $ 316.11 $ 1,020.22
Doctorate/Category 1
1
138.41
0.00722
$ 521.18 $ 233.98 $ 755.16
Doctorate/Category 2
1
146.74
0.00681
$ 491.59 $ 220.70 $ 712.29
Doctorate/Category 3
1
122.95
0.00813
$ 586.71 $ 263.40 $ 850.11
Doctorate/Category 4
1
70.71
0.01414
$ 1,020.17 $ 458.00 $1,478.17

 

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

Enrollment Category
Purpose 101
Library
Inst Support
Funding
and Level/Cost
Subtotal
11.485%
54.050%
Total
Undergrad/Category 1 $ 162.37 $ 18.65 $ 87.76 $ 268.78
Undergrad/Category 2 $ 214.46 $ 24.63 $ 115.92 $ 355.00
Undergrad/Category 3 $ 286.45 $ 32.90 $ 154.83 $ 474.18
Undergrad/Category 4 $ 453.41 $ 52.07 $ 245.07 $ 750.56
Master’s/Category 1 $ 609.67 $ 70.02 $ 329.52 $ 1,009.21
Master’s/Category 2 $ 418.19 $ 48.03 $ 226.03 $ 692.24
Master’s/Category 3 $ 649.48 $ 74.59 $ 351.04 $ 1,075.12
Master’s/Category 4 $ 1,020.22 $ 117.17 $ 551.43 $ 1,688.81
Doctorate/Category 1 $ 755.16 $ 86.73 $408.16 $1,250.04
Doctorate/Category 2 $ 712.29 $ 81.80 $ 384.99 $1,179.08
Doctorate/Category $ 850.11 $ 97.63 $459.48 $1,407.23
Doctorate/Category 4 $ 1,478.17 $ 169.76 $798.95 $2,446.88

 

Table 3 : Funding per Faculty FTE Equated to Full Time Students, works only when students take all courses in discipline.

Enrollment Categoryand Level/Cost SCHs per SCHs / Year FT Students /
Faculty FTE 1 FTE student 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 (2003-2004) funding formula productivity matrix, standard faculty salary, and support %s.
SCH per Faculty FTE = $ Salary/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.