Good evening, I am hoping that someone can double check my answers below and let me know if the math is correct?
Number of Students = 15,500
Increase = 6% i.e. 930
Total Student Body = 16,430
Less: Tuition free scholarships 180
Tuition paying students = 16,250
Credit hours per student per year = 40 (there are two semesters in an year)
Total credit hours = 650,000
Tuition Rate per Hour = $70
Forecasted Tuition Revenue = $455,00,000
2.Number of faculty members needed:
Total Credit Hours = 650,000
Tuition free hours 180*40 = 7,200
Total Hours = 657,200
Number of Students in one class = 20
Credit Hours in each class = 4
Number of classes per teacher = 5
Number of faculty members needed = 657,200/20*4*5
= 1,643
Five actions should be:
Hire part time instructors
Use graduate teaching assistants
Increase Teaching Load
Increase class size
Shift courses to summer session
Shift to course of another university cannot be the strategy to accommodate students
Good evening, I am hoping that someone can double check my answers below and let me...
Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 12,500 students are enrolled on campus; however, the admissions office is forecasting a 6 percent growth in the student body despite a tuition hike to $65 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials: WSU is planning to award 170 tuition-free scholarships. The average class has 20 students, and the typical student...
Prepare a tuition revenue budget for the upcoming academic year. 16,500 1,320 17,820 Tuition revenue budget: Current student enrollment Add: Increase in student body Total student body Less: Tuition-free scholarships Tuition-paying students Credit hours per student per year Total credit hours Tuition rate per hour Forecasted tuition revenue 200 17,620 45 792,900 85 $67,396,500 Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 16,500 students are enrolled on campus; however, the admissions office is...
3 growth in the student body despite a tuition hike to $70 per student takes 10 credit hours each semester Each class is two credit hours dhencheenmsi etteaching. research, and universty and communy service Each facuty Required: an "X" next to the action ative vice president (AVP) to construct budgets for other areas of operation The AVP noted: "The most important resource of the university is its (eg., the library and them we don't operate. Are faculty members a key...
Prepare a tuition revenue budget for the upcoming academic year. Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 12,000 students are enrolled on campus; however, the admissions office is forecasting a 7 percent growth in the student body despite a tuition hike to $80 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials: • WSU is planning to award 160 tuition-free...
Good evening, I am hoping that someone can check my answers below and let me know if they are correct? Thank you!
Good evening, I am hoping that someone can review my answers below and let me know if my answers are correct? Thank you!
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