Budget finance

Prescott College for Integrative Learning FY Budget Overview

Revenue Summary

Revenue Source Description Amount ($)

% of Total Revenue

Undergraduate Tuition & Fees Net of scholarships and aid 32,000,000 53.3%

Graduate/Professional Tuition Includes business and healthcare programs 6,000,000 10%

Endowment Draw Limited to 5% annual draw unless board approved 6,000,000 10%

Auxiliary Revenue Housing, dining, bookstore 5,000,000 8.3%

Federal/State Grants Pell grants, Title IV, state access funding 4,000,000 6.7%

Private Grants & Donations

Unrestricted annual giving and targeted gifts 4,000,000 6.7%

Other Revenue Corporate partnerships, continuing education 3,000,000 5%

Total Revenue 60,000,000 100%

Expenditure Summary

Category Description Amount ($)

% of Total Budget

Instructional Salaries & Benefits

Faculty Salaries 15,000,000 25%

Adjunct and Clinical Faculty 2,400,000 4%

Instructional Staff Benefits 6,000,000 10%

Academic Department Support 1,200,000 2%

Academic Support & Advising

Advising Center Operations 900,000 1.5%

Tutoring, Writing, and Learning Labs 600,000 1%

Registrar and Accreditation 1,200,000 2%

Student Services

Student Life, Orientation, DEI Programs 1,800,000 3%

Counseling and Health Services 1,000,000 1.7%

Career Services and Internships 1,000,000 1.7%

Institutional Support

Administrative Salaries (President, VPs) 4,800,000 8%

HR, Legal, Finance 2,400,000 4%

Board and Governance 600,000 1%

Operations & Maintenance Facilities Staff and Contracts 2,400,000 4%

Utilities and Repairs 1,800,000 3%

Auxiliary Services Housing and Dining Operations 3,600,000 6%

Bookstore and Events 600,000 1%

Technology & Infrastructure

IT Services and Networks 2,400,000 4%

Instructional Technology and Platforms 1,800,000 3%

STEM & Career Tech Labs 2,400,000 4%

Marketing & Enrollment Recruitment, Advertising, Consultants 2,400,000 4%

Total Expenses 60,000,000 100%