Types of Funds

The University operates on two types of funds: appropriated and non-appropriated funds.

Appropriated funds are provided to the university by the State. Appropriations are made on a one-year basis via a public act. All monies from State appropriations are held at the State Treasurer’s Office. The State writes all checks for monies expended from State funds. Items submitted for payment must comply with the State’s accounting system.

Non-appropriated funds represent monies, which are specifically allowed, under State statutes, to be retained by the university in a local bank account. Non-appropriated funds come from a variety of sources: tuition and fees, room and board charges, grant and contract awards, gate receipts from athletic events, sales from auxiliary operations, and the sales and services of certain educational activities. The university writes the checks to expend these funds.

Appropriated Funds

Appropriated Funds: These operating funds comes from the state general revenue tax base and are used to support operations. 

Permanent Improvement Funds: These funds typically come from the sales of state bonds. They comprise the capital budget, which is separate from the operating budget. These funds are used to construct buildings, purchase land, and for major rehabilitation of existing facilities and infrastructure. Typically these funds are awarded to the Capital Development Board (CDB) on behalf of Northern. When capital funds are appropriated to another state agency on Northern’s behalf, that state agency manages the capital projects.

Non-appropriated Funds

Income Funds: These operating funds are generated from tuition and fees. University policy for these funds is the same as for appropriated funds. 

Revenue Bond Funds: These funds contain the assets, liabilities and operations of the major auxiliary services such as the residence halls, Holmes Student Center, Huskie Stadium and the Convocation Center. These facilities were constructed from the proceeds of revenue bonds sold on the open market. All operating revenues are subject to covenants contained in the Bond Resolution which authorized the issuance of the bonds. 

Local Funds: These funds consist primarily of Student Association accounts, research grants and contracts, various sales and service accounts, loan accounts, endowment and similar accounts, and miscellaneous accounts for workshops and agency funds.

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Contact Us

Andrew Rogers, Associate Vice President
arogers7@niu.edu
815-753-8411

Malhar Saheed, Director, Financial Planning
asaheed@niu.edu
815-753-1800

Abby Lund, Director, Budget Operations
alund@niu.edu
815-753-1144

Kasturi Hyderkhan, Data and Analytics Lead
khyderkhan1@niu.edu

General Budget Office
budgetandplanning@niu.edu
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