- Tuition Revenue
- Facilities and Administrative Cost Recovery Revenue
- State and Federal Appropriations
- Other Revenue
All tuition revenue is managed within the General Fund. The Distribution of Tuition Revenue diagram illustrates the distribution of tuition revenue.
Facilities and administrative cost recovery revenue generated from sponsored funding is managed both within the General Fund and outside the General Fund. The Facilities and Administrative Cost Recovery Revenue Distribution diagram illustrates the distribution of indirect cost recovery revenue. Facilities and Administrative (F&A) Cost Recovery Revenue is managed within and outside of the General Fund. These two options are further expanded upon below.
F&A Cost Recovery Revenue Managed Within the General Fund
Sixty-five percent of F&A cost recovery revenue is managed within the General Fund and is formulaically distributed to Resource Responsibility Centers.
F&A Cost Recovery Revenue Managed Outside the General Fund
Thirty-five percent of the F&A cost recovery revenue is managed outside the General Fund and distributed as follows:
As reflected in the General State Appropriation flow diagram and described below, the general state appropriations provides funding for the Resource Management Fund, resident undergraduate student financial aid, and the units whose budgets are part of the University Administration and Support expense pool.
Resource Management Fund
The Resource Management Fund is used to provide funding to support general operations of the Resource Responsibility Centers. The distribution of this fund is not formulaic, but is distributed at the discretion of the President and Senior Vice Presidents.
The General Fund budget for the Office of Student Financial Aid funds resident student aid entirely by general state appropriations, as prescribed by state law.
Iowa State University receives funding from directed state appropriations to support unique aspects of its mission. Specifically, these funds help support the following units:
- Agriculture Experiment Station
- Cooperative Extension Service in Agriculture and Home Economics
- Veterinary Diagnostic Laboratory
- Biosciences Innovation
- Center for Industrial Research and Services
- Small Business Development Center
- Livestock Disease Research
- ISU Research Park
The funding from these directed state appropriations is distributed directly to these units as required by law. These units are distributed the funding when the funding is received from the state agency.
Directed Federal Appropriations
Iowa State University receives funding from federal appropriations to support its land grant mission. Specifically, these funds help support the following units:
- Agriculture Experiment Station
- Cooperative Extension Service in Agriculture and Home Economics
Administrative charges are recognized as a negative expense as opposed to revenue. The purpose of the administrative overhead charge is to recover part of the costs of providing central support services. Business units of the university that generate external income (and that are not subject to F&A cost recovery) may require their cost centers to pay a fee. Generally, the charge is based on a percentage of the external revenue generated, but in some cases the fee is a predetermined fixed fee.
Revenue Generated by student fees provide a distinct resource to maintain and enhance student experiences and is distributed directly to the relevant units.