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ERIC Number: ED083949
Record Type: RIE
Publication Date: 1973
Financial Statistics of Institutions of Higher Education: Current Funds Revenues and Expenditures 1969-70.
Mertins, Paul F.; Brandt, Norman J.
This publication presents data provided by institutions of higher education in a questionnaire on Financial Statistics of Institutions of Higher Education, which was a part of the fifth annual Higher Education General Information Survey (HEGIS). Results indicated: (1) Current funds revenues for institutions of higher education totaled $21.6 billion for fiscal year 1969-70. (2) Publicly controlled institutions continued to report an increasing share of total revenues. (3) Privately controlled institutions reported $7.8 billion in current funds revenues in 1969-70. (4) Governmental appropriations were the greatest source of revenues. (5) Student tuition and fees were the second greatest source of revenues to institutions of higher education. (6) Current funds expenditures by all institutions of higher education rose at a faster pace than did total enrollments. (7) The biggest function of current funds expenditures was for all institutions and departmental research. (8) Average expenditures per student for all institutions of higher education went up $169 from the 1968-69 average of $2,454 to $2,623 in 1969-70. (9) Expenditures per student averages in 1969-70 ranged from a high of $5,533 for private universities to a low of $941 for public 2-year colleges. (Author/MJM)
Descriptors: Colleges, Costs, Educational Economics, Educational Finance, Expenditure per Student, Expenditures, Higher Education, Income, Statistical Data, Universities
Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 ($1.55)
Publication Type: N/A
Education Level: N/A
Authoring Institution: National Center for Educational Statistics (DHEW/OE), Washington, DC. Higher Education Surveys Branch.