Project Funding Model & Student Fee Impact

• 20-Year Bond Guaranteed 100% with Student Fees
  • $33M approximate cost today
    • 73% Construction costs ($24M)
    • 18% Furniture, Fixtures, Equipment & Architectural fees ($6M)
    • 9% Bond financing costs ($3M)
• Student Fee Impact
  • $6.00 per credit hour beginning Fall 2010