Financial Report FY11

Year Ended June 30, 2011

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. FY11 Sources of Revenue $539.4 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

$164.6 million
$139.7 million
$129.2 million
$67.9 million
$20.2 million
$17.9 million

30.5%
25.9%
24.0%
12.6%
3.7%
3.3%

Current Fund Reveue pie chart

II. FY11 Expenditures $531.3 million

Personnel remains at over 60% of expenses for UNH. Fringe benefits expenses have grown as a percentage of total expenses due to rapid increases in medical costs.

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

$328.2 million
$140.1 million
$55.8 million
$7.2 million

61.8%
26.4%
10.5%
1.4%

Current Fund Expenditures

III. Enrollment (UNH Durham and Manchester)

Undergraduate enrollments are strong, graduate enrollments have increased slightly since FY05 (primarily in professional programs), while continuing education enrollments continue to decline. Undergraduate enrollments are approaching full capacity. Enrollments in FY12 are expected to increase over FY11 enrollments.

Financial Full Time Equivalent (FFTE) Student Enrollment

IV. Sponsored Projects Proposals and Awards

Grant proposal revenue reached an all-time high in FY10 with $607M, while grant award revenue hit the highest mark with $159M in FY11. This gives UNH hope heading into FY12 foran increase in F&A recovery revenue. FY11 expenses reflect FY10 proposal and award increases. FY11 awards rose primarily due to ARRA funds.

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% in FY09 from FY07 levels. FY10 and FY11 have resulted in a bounce back but the endowment is still down by $14 million from FY07.