Financial Report FY10

Year Ended June 30, 2010

The University of New Hampshire is funded by a combination of public and private support. Its largest source of revenue is derived from tuition and fees. As the University looks ahead, maintaining affordability and access for all qualified students, restoring the level of revenues derived from sponsored grants and contracts, and creating a culture of philanthropy in order to build our endowment will be the dominant areas of focus that contribute to a sustainable, resourceful, and responsible University.

I. FY10 Sources of Revenue $509.4 million

1. Tuition and Fees, net of Financial Aid
2. Other Sources, primarily auxiliaries
3. Sponsored Programs
4. State of N.H. General Appropriations
5. Gifts & Endowment Income
6. Federal Financial Aid

$160.5 million
$138.0 million
$105.8 million
$67.9 million
$21.7 million
$15.7 million

31.5%
27.1%
20.8%
13.3%
4.3%
3.1%

 

Current Fund Reveue pie chart

 

II. FY10 Expenditures $496.4 million

1. Personnel
2. Supplies and Services
3. Transfers
4. Utilities

$313.5 million
$118.5 million
$56.5 million
$7.9 million

63.2%
23.9%
11.5%
1.6%

 

Current Fund Expenditures

 

III. Enrollment (UNH Durham and Manchester)

Undergraduate enrollments are strong and graduate enrollments have increased since FY05 (primarily in professional programs), while continuing education enrollments have leveled off.

 Financial Full Time Equivalent (FFTE) Student Enrollment

IV. Sponsored Projects Proposals and Awards

Grant proposals reached an all time high in FY10 ($603 million), while grant awards reached their second highest level ($121 million).

 UNH Sponsored Projects, Proposals, Awards & Expenditures

V. Endowment Funds Market Value

Due to investment performance in FY08 and FY09, the value of UNH endowment funds has decreased by 20 percent from FY07 levels. Funds bounced back in FY10, but the endowment is still down from FY07 levels.

 Endowment Funds Market Value chart