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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 Sources | FY 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 Contracts | 21,403,764 |
| State and Local Grants and Contracts | 1,992,740 |
| Other Operating Revenues | 971,948 |
| Auxiliary Enterprises: | |
| Residence Halls | 2,675,932 |
| Dining | 2,552,342 |
| Bookstore | 35,136 |
| Other Auxiliaries | - |
| Total Operating Revenues | 39,922,833 |
| Nonoperating Revenues | |
| State Appropriations | 25,766,500 |
| Federal Grants and Contracts | 4,703,308 |
| Investment Income (Net of Investment Expense) | 590,615 |
| Interest on Capital Asset-Related Debt | (118,215) |
| Total Nonoperating Revenues | 30,942,208 |
| Grand Total: | $ 70,865,041 |
Source: APA, based on KSU's FY 2020 audited financial statement.
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.