REVENUE
Revenue by Type
50M
The total operating revenue for FY22 is anticipated to increase compared to the previous year. This is mostly related to restrictions that were set in place during the pandemic with the diminishing density on campus. The restrictions that impacted the operating revenue have been lifted. $231,048
0
FY22
Tuition Revenue Trend Net tuition is almost half of the revenues that are needed to cover core activities in the State and Tuition Fund. FY22 is expected to look more in line with pre- pandemic activity. This is primarily due to the 2.8% increase on tuition rate along with the slight change in the mix of students away from resident undergraduate students to resident graduate tuition which pay a higher tuition rate.
50M
25M
0
FY18
FY19
FY20
FY21
FY22
Net Tuition
State Allocation Trend
The state allocation for FY22 is anticipated to have a slight increase from the previous year of 1%. This will help offset cost of living adjustments along with other state funded policy initiatives.
FY18
FY19
FY20
FY21
FY22
0
20M
40M
60M
State Allotment
Total Operating Revenue
231,048
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