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Where does my tuition go?A university receives funds primarily from two sources — state funding and student tuition and fees. The majority of those funds, generally referred to as operating funds, are spent on employee compensation. Thus, tuition does go toward employee compensation, including faculty compensation.Annual faculty salaries make up a part of compensation costs, supplemented by the cost of benefits for all employees, the salaries of non-faculty employees and other payments to faculty for activities such as overload, supervision of dissertations and independent studies, summer teaching, faculty improvement leaves and the like.Expenditures for the Fiscal Year 2004 at the University were allocated as follows:
Here are the components of the combined categories:- Instruction: faculty compensation and benefits, classroom expenses and faculty start-up funds
- Academic Support: advising, accessibility, orientation, student success seminars, co-op programs and other student success programs
- Student Services: health services, intramural activities, counseling & testing, career management
- Research: This excludes externally funded activity, which totaled $30.4 million in 2003-04.
- Institutional Support: maintenance/development of the technology infrastructure and basic support such as payroll, accts payable, budget, controller, treasurer, human resources, etc.
- Other: reserves, debt repayment, plant fund and auxiliary enterprises.
The budget for fiscal year 2004 was $267 million.
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