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The university through its urban and rural campuses is the state of Alaska’s primary source of higher education and workforce development and, as such, remains a high priority for state funding appropriations. The university through its entrepreneurial enterprises has the ability to maximize the state’s investment through the generation of additional revenue through student tuition, research grants, and other opportunities. The continued success and expansion of this ability is crucial to university growth. The University of Alaska will constantly look for new opportunities to ensure that the investment by the state is utilized to create situations that expand university-generated revenues to further the goals and quality of the university.

Increase in university-generated revenue.

Total amount of university-generated revenue. University-generated revenue includes the following revenue categories: University Receipts (Interest Income, Auxiliary Receipts, Gross Tuition/Fees, Indirect Cost Recovery, and University Receipts), Federal Receipts, CIP Receipts, and State Inter-Agency Receipts. University generated revenue does not include UA Intra-Agency Receipts, which are duplicated.

UA must average a 5 percent annual increase in university generated revenue to reach its goal of $441 million in 2010. The UA average increase in university generated funds from FY02 to FY05 has been 8 percent per year. The FY06 target was set at a 7 percent increase; however, projections indicate that an increase of between 4 and 6 percent is more likely. UAF, with its research capacity, has the most impact on this measure; although, tuition revenue and development activity have become significant contributors to performance. Continued growth in university generated revenue is expected in FY07 due to increases in tuition revenue and development efforts. Growth in university generated revenue will be moderated by a smaller tuition rate increase than in recent years as well as a slowing in federal research investment.

Download Summary: Word or PDF | Download 2005 Whitepaper