| OPERATING REVENUES | |
| Operating Revenues | |
|---|---|
| Student Tuition and Fees, Net of Scholarship | |
| Allowance of $10,177,539 | $ 7,008,004 |
| Federal Grants and Contracts | 20,390,179 |
| State, Local and Other Grants and Contracts | 7,262,057 |
| Other Operating Revenue | 1,755,001 |
| Auxiliary Enterprises: | |
| Residence Halls | 3,042,138 |
| Dining | 3,895,375 |
| Other Auxiliaries | 117,909 |
| Total Operating Revenues | 43,470,663 |
| OPERATING EXPENSES | |
| Instruction | 11,208,457 |
| Research | 13,000,474 |
| Public Service | 10,498,094 |
| Academic Support | 1,198,640 |
| Student Services | 9,583,746 |
| Institutional Support | 13,175,349 |
| Student Aid | 5,698,324 |
| Auxiliary Enterprises | 6,969,702 |
| Total Operating Expenses | 71,332,786 |
| OPERATING LOSS | (27,862,123) |
| NONOPERATING REVENUES (EXPENSES) | |
| State Appropriations | 27,880,600 |
| Federal Grants and Contracts | 7,636,939 |
| Investment Income, Net | 1,182,412 |
| Other Nonoperating Revenue | 24,095 |
| Interest on Capital Assets - Related Debt | (2,364,396) |
| Loss on Disposal of Fixed Asset | (966,249) |
| Total Nonoperating Revenues (Expenses) | 33,393,401 |
| INCOME BEFORE OTHER REVENUES AND EXPENSES | 5,531,278 |
| CAPITAL GRANTS | 2,619,162 |
| CHANGE IN NET POSITION | 8,150,440 |
| Net Position - Beginning of Year | 3,541,137 |
| NET POSITION - END OF YEAR | $ 11,691,577 |
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