NIU FY22 Financial Activity

Revenue

Total FY22 Revenue: $384.9M

2022 Revenue
Revenue Type Amount in $ Percent
Tuition & Student Fees $164,425,000 42.7%
Gifts, Grants, & Contracts $52,333,000 13.6%
Other Fees and Fines $4,968,000 1.3%
Sales $26,229,000 6.8%
Rental & Room Income $31,850,000 8.3%
Gate Receipts & Commissions $2,189,000 0.6%
Miscellaneous & Investment Income $10,649,000 2.8%
State of Illinois $92,217,000 24.0%
Total $384,860,000 100.0%

Expenses

Total FY22 Expenses: $394.2M

2022 Expenses
Expense Type Amount in $ Percent
Personnel Services $208,726,000 53.0%
Goods, Equipment, Capital Repairs $19,120,000 4.9%
Contractual Services $74,089,000 18.8%
Scholarships $78,835,000 20.0%
Debt Service $8,580,000 2.2%
Other $4,840,000 1.2%
Total $394,191,000 100%

2022 Actual Expenses Detail
Itemized Expenses Amount in $ Percent
Personnel Services $208,726,000 53.0%
Contractual Services $74,089,000 18.8%
Scholarships $78,835,000 20.0%
Debt Service $8,580,000 2.2%
Cost of Sales $3,794,000 1.0%
Commodities $5,316,000 1.3%
Travel $3,094,000 0.8%
Automotive $875,000 0.2%
Telecommunications $398,000 0.1%
Equipment & Library Books $8,514,000 2.2%
Capital Repairs $1,496,000 0.4%
Miscellaneous Expenses $472,000 0.1%
Total $391,191,000 100%

Expenses By Division 

Total FY22 Expenses by Division

2022 Expenses by Division
Division Expenses in $ Percent
Academic Affairs $146,867,000 37.3%
Administration & Finance $21,807,000 5.5%
Central Services $18,466,000 4.7%
Information Technology $12,010,000 3.0%
Intercollegiate Athletics $25,644,000 6.5%
Human Resource Services $2,631,000 0.7%
Enrollment Management, Marketing and Communications $37,771,000 9.6%
Academic Diversity, Equity and Inclusion $2,171,000 0.6%
Outreach, Engagement and Regional Development $14,384,000 3.6%
Research and Innovative Partnerships $7,219,000 1.8%
Student Affairs $30,644,000 7.8%
University Administrative Services $11,413,000 2.9%
University Advancement $4,409,000 1.1%
University Wide Organizations $2,703,000 0.7%
Utilities $9,479,000 2.4%
Non-Divisional $46,574,000 11.8%
Grand Total $394,190,000 100%

Departments and costs by division


Expenses By Fund by Division

See descriptions of fund types

Contact Us

Have ideas or suggestions related to NIU’s finances and multiyear budgeting goals?

Please email budgetandplanning@niu.edu.