Private Colleges Are More Dependent Than Public Ones on Tuition

HOME: ▶ Almanac 2011	SECTIONS: ▶ Finance	▶ The Profession	▶ Student Demographics
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Revenues and expenditures of colleges and universities, FY 2009
	Public 4-year institutions		Public 2-year institutions
	Amount	Share of net total	Amount	Share of net total
REVENUE
Operating
Tuition and fees	$43,478,017,706	20.1%	$8,362,349,340	16.4%

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HOME: ▶ Almanac 2011	SECTIONS: ▶ Finance	▶ The Profession	▶ Student Demographics
	▶ Access and Equity	▶ Technology	▶ International

Revenues and expenditures of colleges and universities, FY 2009
	Public 4-year institutions		Public 2-year institutions
	Amount	Share of net total	Amount	Share of net total
REVENUE
Operating
Tuition and fees	$43,478,017,706	20.1%	$8,362,349,340	16.4%
Federal grants and contracts*	$24,178,064,235	11.2%	$1,914,036,227	3.8%
State grants and contracts	$5,526,583,112	2.6%	$1,876,558,294	3.7%
Local grants and contracts	$9,031,844,221	4.2%	$568,571,872	1.1%
Sales and services of auxiliary enterprises	$19,391,219,289	9.0%	$1,967,100,160	3.9%
Sales and services of hospitals	$27,301,883,086	12.6%	$0	0.0%
Independent operations	$1,036,660,156	0.5%	$0	0.0%
Other	$13,291,610,980	6.1%	$874,042,762	1.7%
Nonoperating
Federal appropriations	$1,934,957,871	0.9%	$75,885,319	0.1%
State appropriations	$50,863,465,442	23.5%	$14,622,766,473	28.7%
Local appropriations	$484,688,850	0.2%	$9,302,329,763	18.3%
Federal grants	$6,425,433,977	3.0%	$6,335,282,404	12.4%
State grants	$1,729,985,347	0.8%	$990,463,669	1.9%
Local grants	$131,427,168	0.1%	$134,362,331	0.3%
Gifts	$5,635,304,026	2.6%	$258,607,516	0.5%
Investment income	-$9,958,067,985	-4.6%	$470,153,145	0.9%
Other	$2,601,770,305	1.2%	$409,470,168	0.8%
Additions and other
Capital appropriations	$4,987,772,667	2.3%	$2,050,885,458	4.0%
Capital grants and gifts	$2,554,106,812	1.2%	$384,497,908	0.8%
Additions to permanent endowments	$830,264,466	0.4%	$13,263,371	—
Other	$4,975,325,552	2.3%	$342,236,207	0.7%
Total	$216,432,317,283	100.0%	$50,952,862,387	100.0%
EXPENDITURES
Operating
Instruction	$57,265,615,039	25.4%	$17,813,098,950	37.4%
Research	$26,629,400,269	11.8%	$21,617,290	—
Public service	$10,499,030,654	4.7%	$745,470,488	1.6%
Academic support	$15,300,115,483	6.8%	$3,505,209,028	7.4%
Student services	$8,612,795,293	3.8%	$4,326,638,740	9.1%
Institutional support	$16,505,968,651	7.3%	$6,572,939,659	13.8%
Operation and maintenance of plant	$13,805,143,250	6.1%	$4,034,457,449	8.5%
Depreciation	$11,719,733,892	5.2%	$1,999,731,576	4.2%
Scholarships and fellowships	$7,156,258,119	3.2%	$3,948,514,689	8.3%
Auxiliary enterprises	$18,293,456,053	8.1%	$2,294,782,790	4.8%
Hospitals	$25,944,899,971	11.5%	$0	0.0%
Independent operations	$1,177,847,620	0.5%	$0	0.0%
Other	$3,119,347,784	1.4%	$1,479,701,713	3.1%
Nonoperating
Interest	$2,354,693,676	1.0%	$617,947,945	1.3%
Other	$6,978,822,559	3.1%	$307,062,477	0.6%
Total	$225,363,128,313	100.0%	$47,667,172,794	100.0%
	Private nonprofit 4-year institutions		Private nonprofit 2-year institutions
	Amount	Share of net total	Amount	Share of net total
REVENUE
Tuition and fees (net of allowances)	$53,408,932,204	77.8%	$298,980,797	66.9%
Federal appropriations, grants, and contracts	$20,964,805,361	30.6%	$58,927,426	13.2%
State appropriations, grants, and contracts	$1,795,981,140	2.6%	$20,447,606	4.6%
Local appropriations, grants, and contracts	$574,234,997	0.8%	$621,100	0.1%
Private gifts, grants, and contracts	$17,625,407,195	25.7%	$46,323,214	10.4%
Investment return	-$64,173,064,770	-93.5%	-$32,187,242	-7.2%
Educational activities	$4,785,950,882	7.0%	$5,514,870	1.2%
Auxiliary enterprises	$13,522,267,430	19.7%	$36,816,280	8.2%
Hospitals	$14,802,998,926	21.6%	$0	0.0%
Other	$5,310,180,817	7.7%	$11,190,532	2.5%
Total	$68,617,694,182	100.0%	$446,634,583	100.0%
EXPENDITURES
Instruction	$46,286,661,785	32.9%	$166,279,923	33.5%
Research	$15,262,322,064	10.8%	$345,106	0.1%
Public service	$2,294,914,209	1.6%	$3,611,632	0.7%
Academic support	$12,538,247,903	8.9%	$41,511,147	8.4%
Student services	$10,943,744,867	7.8%	$68,458,976	13.8%
Institutional support	$19,258,651,144	13.7%	$142,329,902	28.7%
Auxiliary enterprises	$13,670,549,522	9.7%	$37,371,650	7.5%
Net grant aid to students	$750,686,911	0.5%	$7,165,311	1.4%
Hospitals	$11,930,840,434	8.5%	$0	0.0%
Independent operations	$5,158,480,367	3.7%	$0	0.0%
Other	$2,757,509,886	2.0%	$29,546,040	5.9%
Total	$140,852,609,092	100.0%	$496,619,687	100.0%
	Private for-profit 4-year institutions		Private for-profit 2-year institutions
	Amount	Share of net total	Amount	Share of net total
REVENUE
Tuition and fees (net of allowances)	$12,954,628,923	87.7%	$3,785,411,841	82.2%
Federal appropriations, grants, and contracts	$897,503,277	6.1%	$510,111,500	11.1%
State and local appropriations, grants, and contracts	$80,020,592	0.5%	$50,357,694	1.1%
Private gifts, grants, and contracts	$71,600,683	0.5%	$8,744,505	0.2%
Investment return	$35,461,068	0.2%	$3,246,332	0.1%
Educational activities	$327,473,778	2.2%	$40,560,413	0.9%
Auxiliary enterprises	$297,764,484	2.0%	$97,963,724	2.1%
Other	$101,555,339	0.7%	$111,374,385	2.4%
Total	$14,766,008,144	100.0%	$4,607,770,394	100.0%
EXPENDITURES
Instruction	$2,580,208,013	20.8%	$1,290,919,346	32.6%
Research and public service	$7,629,235	0.1%	$2,309,528	0.1%
Student services, academic and institutional support	$8,832,094,843	71.2%	$2,172,405,165	54.8%
Auxiliary enterprises	$276,199,756	2.2%	$120,504,054	3.0%
Net grant aid to students	$33,416,619	0.3%	$11,023,292	0.3%
Other	$669,668,603	5.4%	$367,981,289	9.3%
Total	$12,399,217,069	100.0%	$3,965,142,674	100.0%
Note: Public and private colleges use different accounting standards, so the revenue and expense categories differ. Because of rounding, details may not add up to totals. A dash indicates less than 0.1 percent.
* Excludes federal direct student loans
Source: U.S. Education Department

Private Colleges Are More Dependent Than Public Ones on Tuition

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