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other auxiliaries. Figure 2 presents the total revenue from KSU's last completed audit, covering the fiscal year (FY) 2020.
Figure 2: Total FY 2020 Revenues per Audited Financial Information
Revenue SourcesFY 2020
Operating Revenues
Student Tuition and Fees (Net of Scholarship Allowances of $4,880,611 and $6,392,830)$ 10,290,971
Federal Grants and Contracts21,403,764
State and Local Grants and Contracts1,992,740
Other Operating Revenues971,948
Auxiliary Enterprises:
Residence Halls2,675,932
Dining2,552,342
Bookstore35,136
Other Auxiliaries-
Total Operating Revenues39,922,833
Nonoperating Revenues
State Appropriations25,766,500
Federal Grants and Contracts4,703,308
Investment Income (Net of Investment Expense)590,615
Interest on Capital Asset-Related Debt(118,215)
Total Nonoperating Revenues30,942,208
Grand Total:$ 70,865,041
Source: APA, based on KSU's FY 2020 audited financial statement.
Operating Expenses (per KSU's audited financial statements)
KSU's operating expenses include employee payments, vendor payments, student payments such as scholarships and financial aid, institutional support, and operations and plant maintenance. See Figure 3 for total expenses from KSU's last completed financial statement audit, covering FY 2020.