i. institutional support and commitment to continuous improvement

School of the Art Institute of Chicago
Department of Architecture, Interior Architecture, and Designed Objects
Master of Architecture
Master of Architecture with emphasis in Interior Architecture
C) Program budgets
The MArch program represents approximately 37% of the total AIADO program or 62 FTE in FY10.
The table below provides the Program budget for the most current fiscal year and forecasts for the
two years beyond the most recent fiscal year. The net contribution represents incremental funds avail-
able to contribute to fixed overhead and administrative expenses.
MArch Pro-Forma:
Revenues:
Expenses:
Architecture Program Report | 104
FY09 FY10 FY11 FY12
MArch FTE 64 62 70 72
Rate 35,400 36,600 37,740 39,030
Financial Aid Discount 35% 35% 35% 35%
Gross Tuition $ 2,265,600 $ 2,269,200 $ 2,641,800 $ 2,810,160
Financial Aid (792,960) (794,220) (924,630) (983,556)
Net Tuition $ 1,472,640 $ 1,474,980 $ 1,717,170 $ 1,826,604
Faculty Salaries & Benefits $ 615,627 $ 616,605 $ 853,851 $ 899,599
Departmental Expenses $ 77,033 $ 80,115 $ 83,319 $ 86,652
Administration & Enrollment $ 305,486 $ 231,588 $ 238,536 $ 245,692
Direct Facilities Costs $ 283,244 $ 294,574 $ 306,357 $ 318,611
Net Contribution $ 191,250 $ 252,098 $ 235,107 $ 276,050
Net Contribution % 8% 11% 9% 10%
Incremental sources of revenues include an annual $100,000 contribution from Motorola. This fund
has been earmarked to fund architectural and design initiatives in the GFRY Studios.