Financial Review (2020–2021)

As noted in the financial charts listed below, the College’s financial position remains strong despite the challenges caused by the COVID-19 pandemic. The College experienced a successful return to campus and was able to navigate the ever-changing COVID-19 environment. Additionally, the College ended the year with positive operating results. We believe that the College’s strong financial position will continue to support the College’s mission for years to come.

Endowment Market Value

(In thousands)

Description of endowment values 2017 to 2021.

$444 Million

JUNE 30, 2021

Statement of Activities

Revenue

  • Net student revenues, 51%
  • Endowment payout, 23.5%
  • Private gifts and grants, 15.6%
  • Federal grants, 6.9%
  • Private contracts, 2.4%
  • Other revenue, 0.6%

Expenses

  • Instruction, 44.8%
  • Institutional support, 16%
  • Auxiliary enterprises, 10.9%
  • Student services, 12.8%
  • Research, 4.9%
  • Academic support, 9.4%
  • Public service, 1.1%