For a Student Financial Contract

I. For a Student Financial Contract

 

In the past 10 years, AUB’s undergraduate tuition has increased by over 90% on average for all majors. Universities hold the right to increase fees, however this should be regulated.

Proposal:

  1. Students should know the exact and total amount of money they have to pay  until they graduate. Therefore, we propose the Financial Student Contract, a binding agreement between the administration and each student that would enable returning students to maintain a fixed tuition fee throughout the duration for completing their degree.

 

  • Any Increase in tuition fees on new students should be discussed with elected representatives. We believe that the administration should organize mandatory consultations with student representatives in the beginning of the academic year, in case it intends to increase to tuition fees. It should provide clear financial arguments to justify this increase, and provide full access to AUB finances to student representatives.

 

Table 1: Tuition Increase for Undergraduate Studies from 2008 to 2018

Undergraduate AUB Tuition 2018 (15 cr policy)

15 cr semester

2008 (12 cr policy)

15 cr semester

Total % increase
Freshman (FAS) $10,965 $5,631 94.73%
Humanities & Social Sciences (FAS) $10,650 $5,469 94.73%
Sciences (FAS) $11,280 $5,794 94.68%
Financial Economics (FAS) $12,990 $6,671 94.72%
FAFS $11,490 $6,094 88.55%
FEA $12,720 $6,744 88.61%
FHS $11,850 $6,285 88.54%
OSB $12,315 $6,475 90.19%
Nursing $9,120 $4,877 87.00%
Average $11,487 $6,004 91.31%

Sources: AUB Factbook 2008-09 & AUB Tuition Fees 2018-19

Long-term Benefits:

In addition to safeguarding individual students’ rights, the Financial Student Contract holds several long-term benefits, namely:

  • A strong economic foundation for youth
  • Higher living standards for young individuals and their families
  • Controlling the level of youth immigration
  • A future where the next generation can do better than the former, not worse
  • Enhanced housing opportunities for young individuals
  • Higher purchasing power of early graduates

II. Unified Credit Prices for General Education Courses

Proposal:

In addition to courses in their academic majors and the opportunity to take minor concentrations in specific fields, all AUB undergraduate students are expected to complete a minimum of 33-36 credits of general education requirements distributed among Communication Skills, Humanities, Social Sciences, Natural Sciences, and Quantitative Thought.

Source: AUB’s General Education Website

Students from different faculties should not be expected to pay different prices for the same course. This is what happens with the 33 to 36 credits of general education requirements distributed among Communication Skills, Humanities, Social Sciences, Natural Sciences, and Quantitative Thought. We, therefore, propose that major GE required courses have a fixed credit rate different from that of the required/elective in major courses.

 

Supporting Facts and Figures:

Table 2: Per Faculty Credit Prices for Undergraduate Students 2018-2019

Enrolled September 2015 & Later
Faculty/School LBP USD
Freshmen 1,102,000 731
Humanities and Social Sciences 1,070,000 710
Sciences 1,134,000 752
Financial Economics 1,306,000 866
FAFS 1,155,000 766
MSFEA 1,279,000 848
FHS 1,192,000 790
OSB 1,238,000 821
HSON 917,000 608

Source: Office of the Comptroller Website

The price of credit is different from one faculty to another. Even if the student takes courses from another department they would pay their faculty credit price.

Table 3: Number of GE Credits Outside Major

GE Required Course Number of Credits Average Price of Credits in these Majors ($) Total Price of Credits as Priced inside the Faculty ($)
Arabic Communication Skills 3 710 2130
English Communication Skills 3-6 710 2130
     Humanities I 6 710 4260
    Humanities II 6 710 4260
     Social Sciences I 3 710 2130
    Social Sciences II 3 710 2130
Natural Sciences 6 752 4512
Total 30 21,552$

Source: AUB General Education Webpage & Office of the Comptroller Website

For the purpose of this proposal, we are going to neglect the Quantitative Thought and the Writing in Discipline Required Courses as they may be considered in major courses.

In this section, we are going to compare the amount of money a student enrolled in MSFEA or OSB pays with respect to the 19,296$ which is the estimated price of the courses in their respective departments.

Table 4: Net Difference in Pay between different Faculties for the 30 common GE credits

Faculty Price of Credit

(USD)

Total Price of GE Credits ($) Net Difference

($)

Freshmen 731 21930 378
Humanities
 and Social Sciences
710 21300 -252
Sciences 752 22560 1008
Financial
 Economics
866 25980 4428
FAFS 766 22980 1428
MSFEA 848 25440 3888
FHS 790 23700 2148
OSB 821 24630 3078
HSON 608 18240 -3312

This table highlights how different majors pay different prices for the same GE courses. Take for example FAFS and Financial Economics. FAFS students pay 22980$ while Financial Economics Students pay 25980 which accounts to a difference of 3000$ in tuition fees between the department for the same type of courses.

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