These are basic categories of Revenues and Expenses found in the NIU Budget.
Revenues
Tuition and Student Fees: all tuition, including differential tuition, course and materials fees, athletics fees, bus fees, and health service fees.
Gifts, Grants, and Contracts: includes grant revenue to support financial aid programs, such as the Federal Pell Grant and AIM HIGH.
Other Fees and Fines: includes parking fees, residential living-learning community fees, parking fines and transcript and commencement fees.
Sales: includes residence hall board plan and retail food sales, concessions sales, advertising/sponsorship, sales of services to off-campus entities (including, but not limited to, catering, child care and conference services).
Rental and Room Income: includes room fees for residential students; rental of on-campus and off-campus meeting and conference space; hotel revenues; and Northern View apartment revenues.
Gate Receipts and Commissions: includes athletic ticket sales; performing arts ticket sales; commissions; and concert/event revenues from the Convocation Center.
Miscellaneous and Investment Income: includes athletics’ game guarantees; NIU share of conference tournament revenues; rental of facilities; interest income from investments, gains and losses on disposals of fixed assets; and year-end transfers to mandated reserves in the auxiliary facilities system.
State of Illinois: represents the annual state appropriation to public universities.
Expenses
Cost of Sales: includes the cost of all items purchased for resale on campus such as food for dining units, parts and supplies to be charged out through the campus work order system, as well as paper for pay-to-print copiers and printers.
Personnel Services: includes all salaries paid to faculty, supportive professional staff, civil service, graduate assistants, extra help and student employees, as well as required payments for Medicare and employee health insurance.
Contractual Services: includes annual software support, subscriptions, conference registrations, non-employee travel reimbursements, service contracts, repairs and maintenance, grounds, building service work charges, speaking fees and other arrangements with outside contractors to perform services for the university.
Commodities: includes purchased items of a low cost that typically are consumed in a single year. Examples include paper for printing, lab supplies, napkins and cleaning supplies.
Travel: includes airfare, hotel rooms, mileage, meals (all up to limits set by the state and the university) and ancillary expenses for employees to travel to and from campus on official university business.
Automotive: includes the cost to rent cars, vans and buses from the university transportation department.
Scholarships: includes scholarships awarded, including Pell Grant funds disbursed (which, when netted against Pell Grant funds received, results in zero effect on the university’s cash position).
Telecommunications: includes the cost of providing phone, internet and other digital services to the university.
Equipment and Library Books: includes the cost of all items more than $100 with an estimated useful life of two years or more, as well as library books, journal subscriptions, manuscripts, films, music and video materials.
Capital Repairs: includes the cost of centralized capital repair activities.
Debt Service: includes debt service payment on bonds, certificates of participation and performance contracts.
Miscellaneous Expense: includes refunds issued for on-campus external programming, deposit refunds and other expenses not classified elsewhere.