We found this one kind of surprising. Since 2014 the taxpayers, thru combined state and federal funding, have paid more per student that than that same student is paying in tuition. What this means is if EIU could run itself on tuition revenue, these students could be getting their tuition paid for by existing funding. This could reduce their student loans by tens of thousands of dollars.
What this also seems to show is that taxpayer funding per student has continued to trend upwards and is holding around the same as the highest year of tuition revenue per student (2012) while tuition revenue per student is falling. This seems to push the blame off of the funding and more towards how the funding is being used. We have more articles coming on this data.
Financial data was only required by state law to be made public beginning in 2007.
- Tuition Revenue Per Student is from the reported Tuition & Fees Revenue line item and reported enrollment for that year.
- Government Funding Per Student is from the reported State and Federal Revenue line items and reported enrollment for that year.