Georgia College & State University (change college)

Georgia College & State University

Cost of Attrition ( ExpandClose )

How much was spent by the college to educate first-year undergraduate students (first-time, full-time) who did not begin a second year?

Cost of attrition - amount spent by each college - 2010: $1.9m Cost of attrition - amount spent by each college - 2009: $2.3m Cost of attrition - amount spent by each college - 2008: $2.2m Cost of attrition - amount spent by each college - 2007: $2.4m Cost of attrition - amount spent by each college - 2006: $2.0m
Measure 2006 2007 2008 2009 2010 4-year change
First-year undergraduate students (first-time, full-time) 1,032 1,137 1,198 1,177 1,206 +16.9 %
x Attrition Rate 16.0 % 18.9 % 15.8 % 15.9 % 14.5 % -9.3 %
x Education and related cost per student (FTE) $11,860 $11,184 $11,728 $12,247 $11,058 -6.8 %
= Cost of attrition $2.0m $2.4m $2.2m $2.3m $1.9m -1.2 %

Funding for Non-Returning Students ( ExpandClose )

How much was paid by whom to educate first-year undergraduate students (first-time, full-time) who did not begin a second year?

Payment Source 2006 2007 2008 2009 2010 Total Past 5 Years
Federal government grants to students $61,842 $73,621 $81,217 $91,331 $152,817 $460,828
State & local government grants to students $688,524 $952,847 $776,319 $853,085 $913,187 $4,183,962
Institution grants to students $46,291 $50,182 $37,482 $26,154 $21,179 $181,288
State & local government appropriated subsidy $994,632 $1,192,525 $1,115,384 $1,031,742 $776,384 $5,110,665

Cost of Attrition Scenario Analysis ( ExpandClose )

Set targets for the attrition rate for first-year undergraduate students (first-time, full-time) and cost per student (FTE) and see how cost of attrition would change.

Model Georgia College & State University if it achieved Cost of Attrition components equal to the
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of all the
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in
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  Component Actual Result Modeled School State Modeled Results Change
% Value
  First-year undergraduate students (first-time, full-time) 1,206
X Attrition Rate 14.5 %
X Education and related cost per student (FTE) $11,058
= Cost of Attrition $1.9m