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NCES Releases First Look FY16 Finance Data from IPEDS

January 5, 2018

In FY16 private nonprofit four-year institutions received a little over 39 percent of revenue from tuition and fees, while public four-year institutions received almost 22 percent, and for-profit four-year institutions received 90 percent, according to recently released First Look data from the U.S. Department of Education's National Center for Education Statistics (NCES). The report provides initial data on fall enrollment, finance (revenue and expenses), human resources, and academic libraries.

Apart from tuition and fees, public four-year institutions received 14.4 percent of operating revenue from grants and contracts and another 14.2 percent of operating revenue from sales and services of hospitals. Public four-year institutions also received 17.6 percent of non-operating revenue from state appropriations and 0.4 percent of revenue from local appropriations, while public two-year institutions received 25.5 percent of revenue from state appropriations and 20.1 percent of revenue from local appropriations. Private nonprofit four-year institutions received 13.3 percent of revenue from hospitals and 11.5 percent of revenue from private gifts.

On the expense side, instructional expenses constituted 28.7 percent of expenses at public four-year institutions and 41.9 percent at public two-year institutions. Instructional expenses also made up 31.9 percent of private nonprofit four-year institutions' expenses and 25.5 percent of for-profit four-year institutions' expenses. Research expenses were 11.8 percent at public four-year institutions and 9.8 percent at private nonprofit four-year institutions. Academic support and student services combined were almost 17 percent of expenses at nonprofit four-year institutions and a little over 13 percent of expenses at public four-year institutions. The full report can be found here.

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Lesley McBain
Assistant Director, Research and Policy Analysis
202.861.2596
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