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ERIC Number: ED093214
Record Type: RIE
Publication Date: 1974
Reference Count: 0
Financial Statistics of Institutions of Higher Education. Current Funds Revenues and Expenditures, 1970-71.
Mertins, Paul F.; Brandt, Norman J.
This publication provides state and national totals of various financial data acquired from the institutions of higher education in the questionnaire on "Financial Statistics of Institutions of Higher Education" as a component of the sixth annual Higher Education General Information Survey (HEGIS). Highlights indicate: (1) Current funds revenues for institutions of higher education totaled $24.0 billion in fiscal year 1971. (2) Publicly controlled institutions continued to report an increasing share of total revenues. (3) Privately controlled institutions reported nearly $8.4 billion in current funds revenues in 1970-71. (4) Governmental appropriations were the greatest sources 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 largest expenditure of current funds was for instruction and departmental research. (8) Current funds expenditures exceeded current funds revenues at private universities by more than $37 million. (Author/MJM)
Descriptors: Educational Finance, Expenditures, Financial Support, Higher Education, Institutional Research, National Surveys, State Surveys, Statistical Data
Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402 ($2.00)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: National Center for Educational Statistics (DHEW/OE), Washington, DC.