Transcription of GET Program Historical Unit Prices (1998 - 2015)
1 $ $ $ $ $- $20 $40 $60 $80 $100 $120 $140 $160 $18098-99 99-00 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 UNIT PRICEENROLLMENT YEAR= Unit Price= Amortization Adjustment Amount$35 $38 $41 $42 $52 $57 $61 $66 $70 $74 $76 $101 $117 $ ** $ ** $ ** $ ** * From May 1, 2011 - June 30, 2015, the GET unit price also included an amortization amount to ensure the financial stability of the Program after the Great Recession. Effective August 19, 2015, the GET Committee determined this fee was no longer necessary and voted to eliminate and refund this fee to customers who had unredeemed units purchased after May 1, 2011.
2 These past amortization amounts are provided in this chart for illustrative purposes. **These amounts represent the effective unit price, after the amortization amount was refunded to customers. The original unit Prices for May 2011- June 2015 ($163 and $172) are indicated at the top of the Program Historical Unit Prices (1998 - 2015) The GET unit price is established through a complex actuarial formula which accommodates projected tuition increases, projected investment returns, a stabilization reserve, and administrative costs.*$163$172
