Understanding NJCU’s Budget

A Gothic Times Guide

 

By Rafal Rogoza

*NJCU’s revenue from state appropriations and tuition for the fiscal year 2011 is a total of $123.5 million.

*During fiscal year of 2007, NJCU’s total state and tuition revenue was $101.6 million. That’s a difference of $21.9 million mostly made up from tuition hikes.

*From 2007-2008, the state appropriated an additional $6.4 million in funds while the university had a tuition hike that increased tuition revenue by $11.5 million.

*The University has not only covered the lost $3.1 million from state funding from 2010-2011, but, has also made an extra $5.7 million dollars.