Revenues and Expenditures

The charts below depict the distribution of revenues and expenditures in the Rutgers budget.

Revenues

 

Where does our revenue come from?

The university receives revenue from the following public and private sources:  

  • 29 percent: Tuition and fees
  • 20 percent: State appropriations and state-paid fringe benefits
  • 20 percent: Patient care services
  • 13 percent: Sponsored research (grants and contracts)
  • 7 percent: Auxiliary enterprise
  • 5 percent: Federal and state student aid
  • 2 percent: Gifts and endowments
  • 4 percent: Other

EXPENDITURES

 

How do we spend our budget?

A significant portion of the university’s expenditures support classroom instruction, academic support, student services, scholarships, research, public service, extension, and patient care.  

  • 49 percent: Salary and wages
  • 16 percent: Fringe benefits
  • 9 percent: Scholarships and fellowships
  • 7 percent: Services
  • 6 percent: Supplies and materials
  • 3 percent: Utilities, repairs, and maintenance
  • 4 percent: Debt service
  • 6 percent: Other

 

Source: FY20 Budget, Office of University Finance and Administration

Our Endowment

Rutgers' endowment is a set of funds that come primarily from charitable donations raised through Rutgers University Foundation.  The goal of the endowment is to provide a permanent source of income beyond tuition and state monies to support the university's mission.

As of June 30, 2019, university endowment assets totaled approximately $1.476 billion. The endowment has become an increasingly important element in the university's funding of more student aid, pioneering research, innovative teaching programs, and new technologies. The endowment is also essential to the university's ability to attract and retain senior faculty and to maintain a vast physical infrastructure, including classrooms, libraries, laboratories, and health care facilities. Learn more about our endowment.