We max out "Direct Institutional Support" with zero showing up in student fees. However, I'm pretty sure some student fees are there. Somebody else needs to explain the book keeping.
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We max out "Direct Institutional Support" with zero showing up in student fees. However, I'm pretty sure some student fees are there. Somebody else needs to explain the book keeping.
Your math is right. Basically, the article's fuzzy math would make Al Gore blush.Originally Posted by Dawg06
1. The Audit of the ULM Athletic Department states that student fees generated $362,045 for the 2009-10 school year. (see link in Message #11 for the Audit Report)
2. The student fee applies to all students, not just the undergraduate students that the article implies. ULM had 9,004 students in Fall 2009 and 8,185 students in Spring 2010. BTW, the number of undergrads in 2009-2010 was 8,148 in Fall 2009 & 7,302 in Spring 2010, not the 6,007 students as the article indicates. If every student paid the $22/semester fee, the total student fees would equal $378,158 which is close to the amount stated in the ULM AD AUdit.
http://www.ulm.edu/upa/09Factbook/ULM09FactBook.pdf (see pages 51-52 of 2009 ULM Factbook)
3. The $2.3 million Tabby stated in the article is the amount of money ULM pays out in athletic student aid to the ULM student athletes. It is not a revenue stream. The LSU grad who wrote the article does not know the difference between revenue and expenses.
The "Get More" referendum of 2004 passed with greater than 70% of the vote and included a provision for a $10 per quarter student fee for athletics. The entire package was for a $25 per quarter fee with the other $15 going toward student organizations. This fee cannot be found on Tech's Expense Sheet.
tld2999
9:39 AM on April 7, 2011
Are these people nuts? This is the first I've heard of this and I'm a ULM student. I pay enough for tuition and books, the last thing I need is another $120 added to my bill for something that I could care less about. I'm there for an education not for the sports.
Guess we know why the nlulm AD wanted to appear before TNS editorial board on Wednesday.
. . . . plus only 3 posts on their open board about this.
Louisiana Tech University
Flagship of the University of Louisiana System
According to the rules governing the UL System, student fees cannot be used for operating funds but can be used to retire debt for athletic facilities. Some of those at Tech will be dedicated to the QFE.
Yep.
Tabby may be over working herself. She is doing a great job of getting abundant sports info written on the war hocks, but she should leave the numbers stuff to the business folks at TNS. Do they still have any business folks (besides Hilburn) employed?
I don't think it's the UL System. I'm pretty sure it's the Louisiana Board of Regents. Students fees can be used for operating funds, but they count against the school's transfer of direct institutional support to athletics, which cannot exceed 3% of the school's general budget. ULM is the only Louisiana school that has student fees for athletics because they cannot afford to transfer the 3% max. If a fee is passed to fund a specific project, then it is not considered part of the athletic budget, and thus, does not limit the transfer of funds to athletics.
Please include this in your letter to the editor.
If it's for a specific project then in my mind that means it's for a specific period, an ongoing or permanent fee would be against the BoR's regulation correct?
Here goes copy of the board of regent policy on the use of state funds for athletics.
http://www.laregentsarchive.com/pdfs...e/policies.pdf
I think they may be trying to find a way to pay for that video board.
that could be it, because I saw somwhere were they were having trouble getting sponsors for the board
Looking at those comments doesn't look like the students are behind this...
I don't think there's any doubt this is ALL about the video board and score boards.
ULM - champions of grasping at straws
and the Cleveland Browns...
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