Funding for the operation of the University is derived from the following funding sources:
- Educational and General (General Revenue, Lottery and Student Fees)
- Contracts and Grants
- Student Financial Aid
- Auxiliary Enterprises
- Student Government
The beginning of the University’s Educational and General funding process takes place annually with the submission of the legislative budget request by the Board of Governors for the State University System. This request is prepared by the Chancellor and his staff working with the Universities. It is at this time new budget issues are developed and combined with the continuation and base issues. The House, Senate, and Governor negotiate until they agree on a final appropriation to the State University System.
Fixed Capital Outlay – These funds are used for the physical development of educational units.