NIU leadership is committed to achieving an academically responsive and fiscally responsible budget and doing so in a manner that is collaborative and transparent. NIU senior leaders will continue to communicate and engage with university leadership; shared governance groups, including Faculty Senate, Resource, Space and Budgeting (RSB), the councils and the President’s Budget Roundtable; at board meetings; and in all-employee communications.
The information below details the process, including steps taken and anticipated steps to come..
Final budget guidance sent to vice presidents.
Informational and Q&A sessions are offered both in person and online and are available to each division and college.
Provost Elish-Piper and CFO Middlemist present FY28 process and timeline to NIU’s administrative and academic leaders.
President meets with NIU leadership and shared governance to discuss progress on 2026 University Goals and development of 2027 University Goals.
NIU submits proposed FY28 appropriation budget requests to the NIU Board of Trustees and the Illinois Board of Higher Education; FY26 Actuals presented at Board of Trustees’ Finance, Audit, Compliance, Facilities and Operations Committee meeting.
2027 University Goals formally considered by BOT.
Divisions submit proposed FY28 budgets.
Divisional budget meetings and possible revisions.
Budget options/scenarios presented to senior leadership and committees.
Shared governance feedback session.
Leadership develops final budget recommendation for Board of Trustees.
NIU submits FY28 budget to Board of Trustees for consideration during public meeting.
Have ideas or suggestions related to NIU’s finances and multiyear budgeting goals?
Please email budgetandplanning@niu.edu.