Major Categories of Revenue
- Tuition and fees net of financial aid account for 55% of total revenue.
- Student housing and dining contribute 10% of total operating revenue, while all other auxiliary operations account for 4% of the total.
- Expendable philanthropic contributions account for 3% of total revenue for operations. Gifts to endowment and gifts for construction (i.e., not expendable for operations) are in addition to this total.
- The endowment generates an ongoing source of annual operating revenue from a distribution that is based on a rolling twelve quarter average of the endowment's market value. Endowment distributions, combined with earnings on short-term investments of operating cash balances, provide 4% of the Washington Square Campus budget. (The market value of NYU's total endowment at August 31, 2010 was approximately $2.4 billion - $1.7 billion of which was for the Washington Square campus, and $740 million was for the School of Medicine.)
- Income from commercial real estate represents 3% of the total revenue budget.
- Sponsored research accounts for 6% of total revenue, while sponsored educational programs accounts for 6% of the total.
- Clinical income from dental patient care provides 2% of all operating revenue.
- All other sources of revenue total 7%. This category includes many relatively small items such as service payments from the School of Medicine, an annual appropriation from the State of New York, and transfers from non-operating funds.