StLCoP

StLCOP enrollment remains significantly less than strategic projections (fall 2016 FTE was projected to be 1,480, eventually growing to 1,600 by fall 2020).

Before fall 2014, most StLCOP students entered as freshmen.

StLCOP has completed extensive capital initiatives.

STLCOP has a history of positive operating margins, although those margins have narrowed in recent years.

Student generated revenue in the last several years has been around 85% of StLCOP's operating revenue, which is not unusual for peer institutions, but results in significant enrollment reliance.

This amount includes the balance on StLCOP's 2015A bank loan authorized at $12.5 million, which was fully drawn down in fiscal 2017.

All StLCOP's debt is fixed rate with no bullet maturities; there are no debt service reserves.