In addition to the Primary Mission expenses of the University, there are expenses from depreciation and operations & maintenance that are allocated to the various functional classifications (See Note 15 – Natural and Functional Classifications of Operating Expenses). See below for the operating expenses categorized into the Functional Expenses of the University.
Fiscal Year 2022 Functional Expenses as a % of Total Operating Expenses
The University continued to invest in student aid and support services to provide students with opportunities to be successful in fiscal year 2022.
12.