Financial Report FY13

Year Ended June 30, 2013

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, attracting new revenues derived from sponsored grants and contracts, and creating a culture of philanthropy in order to build its endowment will be the dominant areas of focus that contribute to a sustainable, resourceful, and responsible University.

Download a PDF of Financial Report FY13.

For a detailed guide of how UNH earns, spends, manages, accounts for, and stewards its financial resources, download UNH Finance 101 (PDF).

 

I. FY13 Sources of Revenue $558.3 million

State support for the University in FY13 was 6.7% of total revenues, continuing to reflect a historic 47% cut in state appropriations to the University System of New Hampshire in 2011. 

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

$198.4 million
$133.4 million
$144.9 million
$37.6 million
$21.6 million
$22.5 million

35.5%
23.9%
26.0%
6.7%
3.9%
4.0%

 

Current Fund Reveue pie chart

 

II. FY13 Expenditures $539.2 million

Personnel remains at just over 60% of expenses for UNH, down from nearly 62% in FY11. Fringe benefits continue to decline as a percentage of total expenses, from 17.1% in FY11 to 16.5% in FY12 and 15.6% in FY13.

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

$324.9 million
$141.9 million
$64.4 million
$8.0 million

60.3%
26.3%
12.0%
1.5%

 

Current Fund Expenditures

 

III. Enrollment (UNH Durham and Manchester)

Undergraduate enrollments remained strong and grew in FY13 while graduate and continuing education enrollments declined slightly. Undergraduate enrollments are approaching full capacity. Overall enrollments are expected to remain level in FY14.

 Financial Full Time Equivalent (FFTE) Student Enrollment

IV. Sponsored Projects Proposals and Awards

Grant proposal rose from $264 million in FY12 to $295 million in FY13. Awards dropped from $117 million $97 million, and expenditures dropped from $142 million to $129 million during the same period, primarily due to the expiration of American Recovery and Reinvestment Act (ARRA) funds.

 UNH Sponsored Projects, Proposals, Awards & Expenditures

V. Endowment Net Assets

 

 UNH Sponsored Projects, Proposals, Awards & Expenditures