[fighting_texas_aggie_band_class_of_1977] Re: Scholarship, moving forward

  • From: Stephen Sublett <ssublett77@xxxxxxxxx>
  • To: fighting_texas_aggie_band_class_of_1977@xxxxxxxxxxxxx
  • Date: Tue, 9 Mar 2021 22:02:48 -0600

https://photos.app.goo.gl/NPqHNYHGc9nbJ2RB9

On Tue, Mar 9, 2021, 10:00 PM Michael Brown <dmarc-noreply@xxxxxxxxxxxxx>
wrote:

Yeah, college inflation rates are higher than overall inflation.  I seem
to recall a semester of tuition, room, and board, was a total of around
$800?

Sent from my iPad

On Mar 9, 2021, at 8:59 PM, Stephen Sublett <ssublett77@xxxxxxxxx> wrote:

Dean,
Inflation, tuition was $4 per credit hour in 1975. It's now 125 times
that.

On Tue, Mar 9, 2021, 12:18 PM Michael Brown <dmarc-noreply@xxxxxxxxxxxxx>
wrote:

*My understanding is that there are name changes at each level, but that
the scholarships presently give out 4% of the endowment, regardless of the
name.*

*So our Sul Ross, if it grows to $30,000, will pay out $1,200 a year.
$40,000 gets $1,600.  At $49,999, it would give out $1,999.06, but wouldn't
become a "Rudder" until it hit an even $50k through growth or gifts.*


Also remember that there is a "Rudder" level Corps scholarship also,
$50,000 that pays $2000/year.

BSch


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