Frequently Asked Questions

What primary revenue sources make up NIU’s budget?

About 41 percent of university revenue comes from tuition/fees, with 25 percent from State of Illinois funding, 20 percent from sales and service revenue and 14 percent from other revenue sources. It’s important to note that some funds are restricted and have specific requirements as to how they are used. An example of restricted revenue would be money for a research grant.

What are the university’s primary expenses?

Employee salaries, not including costs associated with state benefits, make up 54 percent of budget expenses with 18 percent to contractual expenses and 15 percent for scholarships. Goods, equipment and capital repairs are 6 percent with debt service at 5 percent. 

If I have remaining budget, why can't I sometimes spend it at the end of the year?

Budgets should be viewed as planning tools rather than guaranteed amounts of money to spend. They are created based on anticipated needs, priorities and projected performance, but actual financial results throughout the year might require adjustments. Spending remaining funds simply because they are available could undermine long-term sustainability and prevent resources from being reallocated to higher-priority needs or emerging challenges such as cash-on-hand considerations. It’s essential to focus on stewardship and aligning spending with organizational objectives, not just on exhausting allocated funds.

Contact Us

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

Please email budgetandplanning@niu.edu.