University Operating Status

Budget Facts

Supporting Our Mission

Rutgers' budget reflects our priorities, with the majority of our budget dedicated to student instruction, research, and public service. The charts below depict the distribution of revenues and expenditures in Rutgers' budget.

Revenues

Where does our revenue come from? The university receives revenue from the following public and private sources.

  • Student tuition and fees: 30 percent
  • State appropriations and state-paid fringe benefits: 20 percent
  • Patient care services: 22 percent
  • Sponsored research (grants and contracts): 15 percent
  • Auxiliary enterprise: 2 percent
  • Federal and state student aid: 6 percent
  • Gifts and endowments: 2 percent
  • Other: 3 percent

Source: FY21 Revised Budget, Office of University Finance and Administration



 

Budget Revenue Chart

Expenditures

How do we spend our budget? A significant portion of the university’s expenditures support classroom instruction, academic support, student services, scholarships, research, public service, extension, and patient care.  

 

  • Salary and wages: 49 percent
  • Fringe benefits: 16 percent
  • Scholarships and fellowships: 10 percent
  • Services: 6 percent
  • Supplies and materials: 6 percent
  • Utilities, repairs, and maintenance: 3 percent
  • Debt service: 4 percent
  • Other: 6 percent

 

Source: FY21 Revised Budget, Office of University Finance and Administration
 

Expenditures Pie Chart

Rutgers' Endowment

Rutgers' endowment is a set of funds that come primarily from charitable donations raised through Rutgers University Foundation. The goal of the endowment is to provide a permanent source of income beyond tuition and state monies to support the university's mission.

As of June 30, 2019, university endowment assets totaled approximately $1.476 billion. The endowment has become an increasingly important element in the university's funding of more student aid, pioneering research, innovative teaching programs, and new technologies. The endowment is also essential to the university's ability to attract and retain senior faculty and to maintain a vast physical infrastructure, including classrooms, libraries, laboratories, and health care facilities.

Rutgers students