OPERATING REVENUE • FY22 OPERATING EXPENDITURES • FY22 24.7% 37.5% 14.5% 17.1% 15.0% 3.4% 15.0% 18.5% 18.0% 35.8% Tuition & Fees including Pell grants, state grants, federal student and parent loans, etc. Support of Academic Programs such as faculty salaries, academic departments, Snowden Library, information technology, and tutoring State Grants to institution, not to students Student Services such as admissions, athletics, counseling services, registrar’s office, student life, financial aid office, and community service Federal Grants such as work study funding that flows through college to students Institutional Support such as administrative offices, safety and security, alumni office, and human resources Lycoming Fund & Private Grants Buildings & Grounds Endowment Income based on a 12-quarter average and a board-approved spend rate of up to 5 percent Auxiliary Services such as residence halls, food service, and campus store Auxiliary Services cover room and board charges paid by students and families 28 LYCOMING COLLEGE 2022 PRESIDENT’S REPORT/FALL MAGAZINE
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