Learn more about the total tuition discount rates at WSU and peer institutions.
See details depicted in Figure 3.
3 Source: Moody’s MFRA data as of April 15, 2022
- Peers: Median of 11 selected peer universities with similar
FTE enrollment, outstanding debt, operating revenue and an Aa Moody’s
rating, 6 universities are in the top 25 public research institution
ratings and 5 universities were identified by the Institutional
Effectiveness Council as Institutional Peers used to benchmark progress
in the 2014–17 strategic plan.
- Based on data reported to Moody’s as of April 15, 2022; medians
will change as more universities report data
- FY 2016–20 is from the Moody’s MFRA Database and may not include
any accounting changes or restatements
The total tuition discount tracks discounts reported on university
financial statements each year. While not perfect, it is
calculated using a standard method for public colleges and
universities and is useful for benchmarking purposes.
Our discount rates continue to go up, reducing the
potential revenue from enrolled students that qualify (Figure 3).
WSU remains committed to our mission of access and
affordability. While the expansion of our tuition waivers means
we will receive fewer funds from students who qualify, it may
also encourage more students to apply and contribute to our overall
tuition revenue. As we look to develop a sustainable long‑term
solution, we will continue to seek additional monies through
private fundraising to assist students with meeting financial
The annual financial report for FY2022 should be finalized in
May, and we will have updated numbers and trends then.
Overall, we are continuing to improve our fiscal health and
are approaching values consistent with peer institutions. We
are using our dollars responsibly, evaluating costs, and working
collaboratively to ensure each of our campuses, colleges, and
units are set up for success moving forward.
As part of these coordinated efforts, our colleagues in the
Office of External Affairs and Government Relations are working
to secure state appropriations to increase the state’s contribution
toward cost-of-living adjustment for WSU employees. In the last
session, the Legislature enhanced the state’s share of these
increases from 53 percent to 65 percent, the remainder of which
lawmakers expect will come from growth in tuition revenue that has
not actualized. We continue to push for a greater share of the split
to be covered by state investment, as it was before the
In addition to advancing our priorities in the Legislature, we
are also making strategic partnerships with other institutions to
expand access to underserved student populations, increase enrollment,
and reduce administrative costs. The creation of a degree partnership
program between WSU Everett and Everett Community College, for example,
will not only enable students enrolled at WSU and EVCC to take
advantage of courses and resources available at both institutions
but will support our fiscal health by streamlining the transfer process
and supporting recruitment at WSU Everett. We hope to expand this
program and others like it in WSU’s future.
Thank you for your continued commitment to WSU. I know that working
through budget reductions is difficult and disheartening for many —
especially given the efforts that went into realizing our fiscal
recovery from FY18–FY20 and weathering a global pandemic in FY21.
As we work together to keep our finances in line and at healthy
levels, I am grateful to this university community for all that you
have done and continue to do in service of our students and our state.
Kirk H. Schulz
Washington State University