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ERIC Number: ED096868
Record Type: RIE
Publication Date: 1974
Reference Count: 0
Financial Statistics of Institutions of Higher Education. Current Funds Revenues and Expenditures 1971-72.
Mertins, Paul F.; Brandt, Norman J.
This publication provides state and national totals of current funds revenues and expenditures acquired from institutions of higher education in the questionnaire, "Financial Statistics of Institutions of Higher Education," distributed in 1972 as a component of the seventh annual Higher Education General Information Survey (HEGIS). Highlights indicate: (1) Current funds revenues for institutions of higher education totaled $26.4 billion for fiscal year 1971-72. (2) Publicly controlled institutions continued to report an increasing share of total revenues. (3) Privately controlled institutions reported nearly $9.2 billion in current funds revenues in 1971-72. (4) Governmental appropriations were the source of greatest revenues. (5) Student tuition and fees ranked second as a 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) Average expenditures per student for all institutions of higher education went up $131. (9) Expenditures-per-student averages in 1971-72 ranged from a high of $6,317 for private universities to a low of $1,044 for public 2-year colleges. (MJM)
Descriptors: Educational Finance, Expenditure per Student, Expenditures, Financial Support, Higher Education, Income, Private Colleges, State Colleges, State Universities, Statistical Data, Tuition
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. Higher Education Surveys Branch.