Financing the University
Managing the finances of one of the nation’s fastest growing universities, while ensuring that it remains one of the nation’s best values in higher education, is a difficult process. It requires a diverse team that monitors tuition and fees, state appropriations, grants, private gifts and other sources. It also includes sound investment strategies, cost-containment initiatives and overall accountability.
Financial reports and information about the university are divided into three key areas and can be accessed by utilizing the online resources listed below.
Financial Affairs
Fiscal reports, statements and schedules including reports made expressly for the Arkansas Department of Higher Education.
Operating Budget
The central home of the university’s operating budget database including schedules, summaries and funding sources.
Expenditures
A database of expenditures including compensation, capital outlay, maintenance, fringe benefits and travel for the University of Arkansas plus six additional UA System entities.
Did you know?
- The University of Arkansas contributes more than $2.2 billion annually to the state’s economic activity.
- The university’s operations and associated economic activities contribute millions of dollars annually to state income taxes, state sales taxes, local sales taxes and property taxes.
- Each dollar appropriated by the state of Arkansas to the university generates an economic impact of $13.56. Put another way, $166.8 million in state appropriations in fiscal year 2018 was leveraged more than 13 times.
- The university’s Athletic Department is one of only a handful of departments nationally that is self-supporting and does not rely upon appropriated tax dollars or student fees to operate.