Where will Bama get the $$$$$ for Saban's contract?

[Tigermike 3,050]

System approves tuition increase at UA and UAH

TUSCALOOSA (AP) — The University of Alabama System voted unanimously to increase tuition at The University of Alabama and The University of Alabama in Huntsville on Friday.

In-state University of Alabama students will pay 8.5 percent more starting in the fall. Out-of-state students will pay 13.2 percent more.

Undergraduate students at The University of Alabama in Huntsville will pay about 3.4 percent more. UAH graduate students will see a 3.5 percent increase.

In-state UA students with an average course load would pay $5,278 a year, $414 more than this past year. Out-of-state students would pay $1,778 more, meaning $15,294 in annual tuition.

UA's tuition is still less than $5,631, the regional average of similar institutions.

The UA increase is expected to generate $12 million, which, coupled with a $25 million increase in state money, will pay for cost increases and improvements, said Reba Essary, associate vice president for finance.

About $2.2 million is earmarked for graduate student compensation. For the first time, UA will offer health insurance to graduate students and increase stipends in an effort to be more competitive, Essary said.

The UAH increase is needed to keep the school competitive and to expenses, such as energy costs, university spokesman Ray Garner said.

Tuition and fees will rise $160 a year for full-time undergraduates carrying 30 credit hours.

The cost for an out-of-state undergraduate will climb $296 for two 12 credit hour semesters.

There will be a 3.5 percent increase, or $206, for full-time graduate students carrying 24 credit hours per year.

Tuition rates at The University of Alabama at Birmingham will stay the same.

Many state public schools are not raising tuition or are asking for smaller tuition hikes because of an 18.5 percent increase in state funding for higher education.

Schools that are not part of The University of Alabama System have taken different approaches regarding tuition.

The University of West Alabama, the University of South Alabama and Troy University did not raise tuition.

http://www.decaturdaily.com/decaturdaily/n...17/system.shtml

[WinCrimson 61]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

[runswithscissors 33]

http://www.al.com/alabamafootball/birmingh....xml&coll=2

I understand that. It's a lot of money; we don't dispute that. But not one penny is coming from tax money or from the university. It's all athletic department-generated funds, and we've been assured we have the financial resources to pay.

a similar story ran in the MPR stating the same thing. it all comes from athletic revenues.

[DKW 86 7,440]

http://www.al.com/alabamafootball/birmingh....xml&coll=2

I understand that. It's a lot of money; we don't dispute that. But not one penny is coming from tax money or from the university. It's all athletic department-generated funds, and we've been assured we have the financial resources to pay.

a similar story ran in the MPR stating the same thing. it all comes from athletic revenues.

it is coming from boosters to a huge degree. Namely one Gary Drummond. Forget what you read in the funny papers and trust ole Dave on this one.

[Tiger in Spain 0]

It's a rough time to be a coal miner in the state today.

[TrojanTiger13 0]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

The NCAA has set regulations on how much money can be shared between a university and it's athletic department. UAT's rec center was built on the cash from the 1992 nc, so saying that a share of $abans salary will not come out of tuition is ridiculous.

[boyjeddah 1]

Well, I really do not know where they get the money from.. but for the sake of a hypothetical scenario... let's imagine that they sold a houndstooth hats/t-shirts or whatever during the A-Day game for $20... ignore the people that were not able to get in... Assume everyone that made it to the stadium bought one...

92,000 x $ 20 = $ 1,840,000

subtract $ 100,000 for chinese labor we got $ 1,740,000 .. shave off $200,000 for taxes, retail costs, materials.. whatever.. you end up with $ 1,540,000 ... How much does he get paid in a year? $ 4 mill... let's ignore tax withholding and contract payment details... sales from that one day is pretty much ummmhhh... 38.5% of what we owe him in a whole year from one day.... if i was the school AD, I would not sweat over money..

[quietfan 233]

System approves tuition increase at UA and UAH

The University of West Alabama, the University of South Alabama and Troy University did not raise tuition.

http://www.decaturdaily.com/decaturdaily/n...17/system.shtml

Uhh, excuse me, Decatur Daily:

http://www.tuscaloosanews.com/article/2007...=73284366706775

Published Tuesday, June 5, 2007

UWA tuition to increase by 7 percent

LIVINGSTON | After a year of steady tuition rates, University of West Alabama students will pay 7 percent more this fall. Under the budget approved by trustees Monday, undergraduate Alabama residents will pay $4,106 for an academic year, up $238 from last year’s tuition. Out-of-state tuition will be $8,213, a bump of $537.

“We will still be very competitive on cost even after the increase," said Tom Umphrey, finance committee chairman.

The board of trustees also approved a 7 percent employee pay raise, which will cost the university about $1.2 million.

Including the pay raise and necessary cost increases such as retirement and scholarship increases, UWA administrators predict $2 million more will be needed to operate the university over the previous year.

The increase in expenses will be paid for by the tuition hike, which is expected to produce $371,000, along with the university’s 12.4 percent increase in operating money from the state, which amounts to about $1.7 million.

If approved by the governor, UWA should get a total of nearly $17 million from the state, or an increase of 18 percent, which includes money earmarked for projects and research centers.

The 18 percent increase for UWA is second only to the amount Troy University is receiving from the state, and higher than the average increase for state universities.

“We had a good year," said Clemit Spruiell, vice president for institutional advancement. “To be able to give our faculty and staff a raise is a huge morale booster."

President Richard Holland said the 7 percent pay raise was chosen to match the raise that legislators approved for K-12 schoolteachers.

After a 23 percent jump in state money a year ago, UWA trustees voted not to raise tuition at that time.

[quietfan 233]

I just stumbled across this:

http://www.uagameday.com/rv-info.php

RV Parking for the 2007 UA Football Season

May 21, 2007

Ladies and Gentlemen:

We appreciate your continued support of The University of Alabama and our football program. The 2007 A-Day was an excellent example of your support and the excitement surrounding the 2007 season. The University of Alabama has a rich tradition in both academics and athletics, and we will make every effort to ensure that this tradition continues.

As our student population continues to grow, our campus is undergoing many changes to make sure we can properly educate and serve 28,000 students. We know you have questions about how these changes will impact RV parking on campus for the upcoming football season.

...

› The price for Coleman Coliseum and for the public-designated lots will be $500.00 for a season RV pass and $100.00 for a season tow vehicle pass.

Apparently, from the reaction on Tidefans, these spots were formerly free.

But hey, they wanted the best "next Bear" that money can buy, so they've got no room to bitch about having to pay the tab now that the bill has arrived.

[TrojanTiger13 0]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

The NCAA has set regulations on how much money can be shared between a university and it's athletic department. UAT's rec center was built on the cash from the 1992 nc, so saying that a share of $abans salary will not come out of tuition is ridiculous.

What does our rec center have to do with his salary? The rec center is open to all students. It's not restricted to athletes.

DKW is right. Drummond, Bryant, and other big donors will help foot the bill... not UA students.

I was giving an example of how money is shared.

[WinCrimson 61]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

The NCAA has set regulations on how much money can be shared between a university and it's athletic department. UAT's rec center was built on the cash from the 1992 nc, so saying that a share of $abans salary will not come out of tuition is ridiculous.

What does our rec center have to do with his salary? The rec center is open to all students. It's not restricted to athletes.

DKW is right. Drummond, Bryant, and other big donors will help foot the bill... not UA students.

I was giving an example of how money is shared.

From athletics revenues to the school, though. We all know this happens. It still has nothing to do with Saban's salary.

[TrojanTiger13 0]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

The NCAA has set regulations on how much money can be shared between a university and it's athletic department. UAT's rec center was built on the cash from the 1992 nc, so saying that a share of $abans salary will not come out of tuition is ridiculous.

What does our rec center have to do with his salary? The rec center is open to all students. It's not restricted to athletes.

DKW is right. Drummond, Bryant, and other big donors will help foot the bill... not UA students.

I was giving an example of how money is shared.

From athletics revenues to the school, though. We all know this happens. It still has nothing to do with Saban's salary.

Are you trying to say that uat never gives support($$$$) to the athletic department? It is very odd that on the same WAKA broadcast that they were reporting $aban's contract they also reported a rise in tuition.

[runswithscissors 33]

Simple supply and demand.

Tuition doesn't pay Saban's salary, either.

The NCAA has set regulations on how much money can be shared between a university and it's athletic department. UAT's rec center was built on the cash from the 1992 nc, so saying that a share of $abans salary will not come out of tuition is ridiculous.

What does our rec center have to do with his salary? The rec center is open to all students. It's not restricted to athletes.

DKW is right. Drummond, Bryant, and other big donors will help foot the bill... not UA students.

I was giving an example of how money is shared.

From athletics revenues to the school, though. We all know this happens. It still has nothing to do with Saban's salary.

Are you trying to say that uat never gives support($$$$) to the athletic department? It is very odd that on the same WAKA broadcast that they were reporting $aban's contract they also reported a rise in tuition.

i've already posted a link to a story saying that not a penny of his contract comes out of tuition. the MPR also ran a similar story stating the same thing. for that matter, to the best of my knowledge, the athletic department gives a certain percentage of its income towards the university tuition fund. i think this is a standard thing everywhere.