AIKCU's annual report to the Kentucky Council on Postsecondary Education (CPE), delivered June 21, 2012. Provides an update on AIKCU's progress towards its goals under KY's strategic plan for postsecondary education, highlights ways Kentucky's private colleges are holding down costs, and includes a list of individual campus achievements from 2011-12.

1. Private Colleges in the public interest:
The annual report to the Council on Postsecondary Education by
the Association of Independent Kentucky Colleges and Universities
June 21, 2012
Gary S. Cox, Ph.D
President
(502) 695-5007
gary.cox@aikcu.org
http://aikcu.org

2. !
!
!""#$%&'%#()#*)+(,-.-(,-(')/-('0$12)3#44-5-")&(,)6(%7-8"%'%-")9!+/36:)
College Readiness ;&"-4%(-) <#"')) >&85-') +$#() ?8#58-""))
) =-$-(') '#)>&85-')
@-A)>-&$B-8)CD$-44-($-)
7C>! 7D>! 97>! 79>!
;<&$-&(+!2-#$'(1!'(!+#6!7=>!(*+'#(*..?!#(!+&*-@&$!&A*%B! !
Student Success ;&"-4%(-) <#"')) >&85-') +$#() ?8#58-""))
) =-$-(') '#)>&85-')
E-58--")&(,)38-,-('%&4")9>#'&4:) 8,=D7! C,:9E! D,:::! F7>!
!
!!!!!!G*-@&.#$H2!0&1$&&2! E,7=I! E,EF7! =,8::! 7I>!
!
!!!!!!J*2+&$H2!0&1$&&2! 7,C9E! 7,D9E! 9,9::! 97>!
!
!!!!!!K#-+#$*.!0&1$&&2!L!!5..!M?6&2! 7FC! 7C7! 9::! =E>!
!
;&$B-4#8F")G8&,0&'%#()=&'-) =7>! =:>! ==>! :>!
!
;&$B-4#8F")G8&,0&'%#()=&'-)G&.)H)
6(,-88-.8-"-('-,)<%(#8%'2) 7=!66+! 7E!66+! 7:!66+! 89>!
!
;0*+*!/2&0!+#!-*.-/.*+&!#+@&$!1*62!(#+!*3*'.*N.&B!
>8&("*-8")*8#I)/3>3J) 7,99F! 7,I7E! 7,D::! 7::>!
!
)
"#$!%#$&!'()#$%*+'#(,!'(-./0'(1!0&)'('+'#(2,!3'2'+4!http://dataportal.cpe.ky.gov/dashboard.shtm!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
56$'.!78,!9:79!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ! ! !

3. !
!
!
"##$%&'(&$)!$*!+),-.-),-)(!/-)(0%12!3$44-5-#!'),!6)&7-8#&(&-#!9"+/36:!
Research, Economic and ;'#-4&)-! <$#(!! >'85-(! +%$)! ?8$58-##!!
=-%-)(! ($!>'85-(!
Community Development!
@>A<BC!D-58--#! :,8;<! :,:=<! :,>99! 9?!
!
;'#-4&)-! <$#(!! >'85-(! +%$)! ?8$58-##!!
Efficiency and Innovation! =-%-)(! ($!>'85-(!
E)4&)-!F-'8)&)5! @?! 7?! 7?! :99?!
!
38-,&(#!($!D-58--! :=@! :=7! :=@! 9?!
!
"#$!%#$&!'()#$%*+'#(,!'(-./0'(1!0&)'('+'#(2,!3'2'+4!http://dataportal.cpe.ky.gov/dashboard.shtm!
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
"&5$/*$6!7,!89:8!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !

4. AIKCU degree production, 2001-02 to 2010-11
7,024
6,581
6,330 581
6,127
556
5,780 467
5,517 427
5,401
5,162 434 2,012
4,807 4,765 401 407
388 1,509 1,594 1,866
351 335 1,465
1,098 1,309
995
881 875
4,191 4,269 4,159 4,431
3,779 3,902 3,801 3,881
3,575 3,555
2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Baccalaureate Graduate Associate/Certificate
Source: CPE Comprehensive Database

5. AIKCU Total Fall Enrollment, 2001-2011
6,863
6,122
5,447
4,708
4,296 29,367
28,282
3,820 4,014
3,595 26,697
2,778 3,157 25,703
2,459 24,745
23,088 23,426
22,305 22,474 22,375 22,556
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Undergraduate Graduate
74% of undergrads are Kentucky residents, representing all 120 counties
(Nearly 8,000 come from other states/countries, at cost of $0 to the Commonwealth)
Source: CPE Comprehensive Database

6. Controlling college costs is a major concern for
AIKCU members as well as for students and families
Reigning in tuition increases:
•Average tuitions well below regional and national private college averages
•2011-11 to 2011-12 average increase was 4.9%. 2011-12 to 2012-13
average increase is 4.4%. (Historically tuition increases averaged 6%.)
•Tuition increases offset in many cases by increases to financial aid budgets
Support for students:
•More than $200 million annually in institutional aid
•Average tuition discount rate approximately 40%
•Serve high proportions of Pell recipients
•Collaborations with KCTCS to encourage transfer
Emphasize degree completion in 4 years:
Approximately 40% of all first-time, full-time students graduate in 4 years,
reducing total cost to degree
Core values tied to student success, providing value:
Focus on teaching, learning and outcomes: faculty mentoring, intense advising,
internships, experiential learning, career counseling, connecting liberal arts to
careers, civic engagement, undergraduate research

7. Average 2011-12 private nonprofit college tuition & fees
(Very few students at independent colleges actually paid this “sticker price” after financial aid.)
$30,000
$28,500
$25,000
$24,713
$20,000 $21,764
$15,000
$10,000
$5,000
$0
AIKCU* South National
*AIKCU average does not include Alice Lloyd College or Berea College, Kentucky!s work colleges (where students pay no tuition).
Sources: AIKCU 2011 Tuition Survey; College Board!s Trends In College Pricing 2011

8. Grant Aid to AIKCU students by source, 2009-10
Federal Grants
$61.0 million
19%
Institutional Grants
$201.7 million 63%
State Grants
17%
$55.2 million
98.5% of first-time, full-time students receive financial aid
Source: National Center for Education Statistics

9. Independent colleges serve high percentages of
Pell Grant recipients:
50% of all undergraduates at Kentucky!s independent colleges received federal Pell grants in 2010-11,
up from 45% the previous year. More than half of students receive Pell at 12/20 AIKCU institutions.
AIKCU (total sector) 50
Berea 83
Mid-Continent 71
Lindsey Wilson 70
Union 67
Midway 67
Pikeville 61
Alice Lloyd 61
Spalding 59
Brescia 56
Kentucky Christian 56
Kentucky Wesleyan 53
St. Catharine 50
Source: Fall 2010 enrollment data from CPE Comprehensive Database; 2011 NAICU Student Aid Reports.

10. Average loan debt of 2010 college graduates
26,000
25,250
21,770
19,500 19,985
13,000
6,500
0
AIKCU KY Public Universities National
Average debt at graduation of 2010 graduates who took out student loans during their postsecondary careers.
Source: Project on Student Debt, http://projectonstudentdebt.org. 8/8 public universities and 14/20 AIKCU campuses represented.

11. State aid to AIKCU students is crucial, yet financial aid
to AIKCU students accounts for less than 4.5% of
Kentucky!s total postsecondary spending
KHEAA aid to
AIKCU students
4.4%
General Fund
11.2% appropriation for
Other KHEAA aid
public postsecondary
84.4% institutions & CPE
Sources: Office of State Budget Director - FY 2011 state General Fund appropriation (enacted), KHEAA

12. 71% of AIKCU!s Kentucky
resident undergrads receive Received KHEAA aid
some state financial aid 71%
(2010-11 unduplicated total recipients: 14,708)
KTG CAP KEES
51% 29% 49%
% of AIKCU Kentucky undergrads participating in each of “Big 3” KHEAA programs
Source: 2010-11 Enrollment from CPE Comprehensive Database, Financial aid data from KHEAA. Does not account for PT/dual credit students included in denominator of total
Kentucky resident undergraduates.

13. Minimizing costs and maximizing efficiencies
Business as usual is not a business model:
Campuses have taken a variety of approaches to increase efficiencies,
contain internal costs, refine business practices, and grow strategically in
response to the economic challenges of recent years.
Collaborative cost containment:
•35+ business partnerships through AIKCU to promote cost savings
•AIKCU Benefit Trust: 10 member campuses participate in AIKCU!s self-
funded, collaborative employee health insurance program (of 13 campuses
that employ a self-funded model)
More than $300 million in capital construction during recession:
Primarily achieved through fundraising, but AIKCU campuses have also
employed creative use of tax credit and other financing options
Academic growth:
•New programs in response to local/regional needs
•Continued focus on opportunities for adult students and KCTCS transfers

14. Average full-time faculty salaries in Kentucky, 2010-11
$90,000
$87,000
$75,000
$66,000
$60,000 $61,400
$56,700
$52,000
$45,000
$45,700 $45,500
$39,600
$30,000
$15,000
$0
Full Prof. Assoc. Prof. Asst. Prof. Instructor
AIKCU Public 4-yr.
Source: National Center for Education Statistics

15. !
2011-12 AIKCU Campus Highlights
Alice Lloyd College
Alice Lloyd College is currently involved in a number of campus projects totaling $2.5 million –
all paid for through fund-raising. The college has also received approval to add a kinesiology
major.
Asbury University
More than 50 Asbury University students — plus some faculty and staff — will be working as
paid broadcast professionals at the 2012 Summer Olympics in London (July 27-August 12). Since
1984, Asbury’s award-winning Communication Arts program has sent students to the Los
Angeles, Calgary, Atlanta, Sydney, Salt Lake, Athens, Torino, Beijing and Vancouver Olympics
as working/paid camera operators, camera assistants, public relations officers (liaisons) and audio
assistants alongside the industry’s top professional broadcasters. Asbury is the only school in the
world that has been invited to send students in this capacity. Asbury is also sending another dozen
students to report/blog/broadcast — for Web sites, newspapers and even daily television
programming — for media outlets around the country.
Bellarmine University
To improve education in the Commonwealth, Bellarmine University's Annsley Frazier Thornton
School of Education has developed three innovative new partnerships. The school — which last
year launched a new Ph.D. in Education and Social Change — has partnered with the Eminence
School District so that high school juniors and seniors can visit Bellarmine two days a week to
earn college credit, while enjoying exposure to — and involvement in — campus life. A
collaboration with Nativity Academy at St. Boniface lends financial and curriculum support to the
innovative Catholic middle school for at-risk urban youth. A new relationship with Oldham
County Public Schools will provide 40 elementary school teachers with advanced coursework on
teaching reading skills next year.
Berea College
On July 1 Berea will welcome Lyle D. Roelofs, Ph.D. as the 9th president of the college. Dr.
Roelofs currently serves as provost and dean of the faculty (on leave), and professor of physics at
Colgate University. He will succeed current Berea president Larry D. Shinn, who is retiring on
June 30. Thanks to reforms implemented over the last several years by President Shinn, Berea has
been able to reduce its cost of education in each of the last two years.
Brescia University
In the past year, Brescia University welcomed the largest freshman class since 1979, along with
the largest undergraduate degree seeking enrollment since 1982. In December 2011, the
University received reaffirmation of accreditation with SACS, and recently our Social Work
program was reaffirmed by the Council on Social Work Education, Commission on
Accreditation, which makes it the first accredited online undergraduate social work degree
completion program in the country. Last year the Brescia University Board of Trustees approved
a new campus Master Plan, which will provide direction for future growth and improve the
campus visually.
!

16. !"##$#!%&'()*%)+,-./%012341235/%
6.78%!"#!%)9:%;885172%
Campbellsville University
Campbellsville University has worked this year on improving tuition aid for our students. CU has
given an increase to students in 14 surrounding counties with up to $1,500 additional funds above
their KEES monies in a renewable scholarship. CU also launched a new “work to learn” program
to help our students. For the past two years, more than 60 percent of our freshmen classes have
been first generation college students, and more than 90 percent of CU students receive financial
aid of various types.
Centre College
Centre College secured the 10.11.12 General Election Debate between the nation’s two vice
presidential candidates. This event – as it did in 2000 – will announce around the globe that the
Commonwealth of Kentucky and Centre College are places where important conversations
affecting our country and the world take place. An evening when everybody associated with the
Commonwealth and higher education wins!
Georgetown College
Georgetown College was recently selected for the second straight grant cycle by the Howard
Hughes Medical Institute to receive a $1.1 million grant for expanding the pool of highly talented
leaders in science research and education who hail from first-generation backgrounds as well as
under-served counties. Just as four years ago, Georgetown was the only Kentucky institution
chosen.
Kentucky Christian University
Kentucky Christian University is implementing a new Biology/pre-professional degree program,
preparing undergraduate students for professional schools of medicine, pharmacy, dentistry,
physical therapy, and other professional schools of health sciences. The project includes a "fast
track" option that will allow high school students to obtain college credit through distance
education, enabling them to complete their bachelor’s degree in three years post-high school.
Kentucky Wesleyan College
Kentucky Wesleyan College has experienced significant growth and activity in its music program
during the 2011-2012 academic year. With new leadership from Professors Paul Oakley and
Dennis Jewett, the Kentucky Wesleyan Singers performed to outstanding receptions in 26
churches, including a spring break tour that took them to 11 cities in 5 states, in addition to
appearances at the General Conference of the United Methodist Church in Tampa and the
Kentucky Annual Conference of the UMC in Covington. Next year a new band program under
the leadership of Professor Steven Pederson will be added to the outstanding choral program and
to the talents of concert pianist and Artist-in-Residence Dr. Diane Earle.
Lindsey Wilson College
Lindsey Wilson College was named a Bonner Scholar school thanks to a $1 million matching gift
from the Corella and Bertram F. Bonner Foundation of Princeton, N.J. About 65 LWC students
will receive Bonner scholarships (sizes vary depending on year, GPA and level of service) in
exchange for service learning.
%

17. !"##$#!%&'()*%)+,-./%012341235/%
6.78%!"#!%)9:%;885172%
Mid-Continent University
In an effort to keep costs low for students, Mid-Continent University has frozen tuition for the
third year in a row for 2012-13. This three-year freeze follows an initial reduction in tuition in
2010-11, making tuition lower today than it was in 2009-10.
Midway College
Midway College dedicated a new Learning Resource Center last fall. It is a handsome facility
with faculty and academic staff offices, classrooms, conference rooms and an equine lab.
St. Catharine College
St. Catharine College enrolled the first classes in its new Graduate School in January 2012. The
master’s program in leadership has areas of concentration in community and regional studies and
health promotion and leadership. St. Catharine’s physical campus is changing to accommodate its
continuing academic expansion. A new residential complex opened in fall 2011 and the new $9
million, 40,000 square foot Hundley Library and Graduate School is on track to be completed in
December 2012.
Spalding University
Spalding has secured the historic “Cosmopolitan” building on 2nd street, which will provide
40,000 additional square feet of classroom/academic use and be named the Republic Bank
Academic Building. The physical growth accommodates continually increasing demand for
Spalding programs – Spalding awarded a record 620 degrees this spring.
Thomas More College
Thomas More launched TMC3, an innovative new three-year degree program that enables
motivated undergraduate students in pursuit of a bachelor's degree a traditional college
experience and an extra year of earning power. Qualified students can save both time and money
by completing a traditional four-year bachelor's degree in just three years at a very competitive
tuition rate.
Transylvania University
Transylvania has acquired 17.5 acres of land contiguous to our current 39 acre campus. Our
intention is to ameliorate athletic facilities so as to accommodate our expanded offerings of
lacrosse and track and field.
Union College
Union College is proud to announce the selection of Marcia A. Hawkins, Ph.D., as the
institution’s 19th, and first female, president. Dr. Hawkins comes to Union from the National
Institute of Technology in Liberal Education in Georgetown, Texas, and brings with her more
than 20 years of experience in higher education. She will officially begin her presidential duties
on July 1.
%

18. !"##$#!%&'()*%)+,-./%012341235/%
6.78%!"#!%)9:%;885172%
University of the Cumberlands
University of the Cumberlands continues to have the largest percentage of its students studying in
the STEM areas of science, technology, engineering and mathematics with 29% of the students
majoring in biology, chemistry, physics, mathematics, engineering, or information systems.
University of Pikeville
The University of Pikeville has developed an initiative to increase bachelor degree attainment in
Southeastern Kentucky. The bachelor degree attainment rate of the high school graduates of the
coal producing counties of Eastern Kentucky is about one-half that of the rest of the state and the
University of Pikeville has led the effort to address this problem. The General Assembly almost
passed a comprehensive program of equalization scholarships and so the Governor has approved
a pilot program for graduates of the high schools in nine counties to encourage those who have at
least 60 credit hours to pursue a bachelor degree. The CPE will evaluate the results of the
program in the fall of 2013 and report to the Governor and General Assembly.
%