FY 20172021

Credit hours

Revenues

On Campus Tuition (1)

Online Tuition (2)

Other

Subtotal Revenue

Financial Aid

TOTAL REVENUE

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Expenses

Faculty Salaries (3)

Fringe Benefits

Total Compensation

Total Compensation as a % of revenues

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Purchased Services (4)

Supplies

Communications

Travel and Training

Interdepartmental Assessment

Other

TOTAL EXPENSES

TOTAL CHANGE IN NET ASSETS

MARGIN before OVERHEAD

margin before overhead as a % of revenues

GSPM OVERHEAD

MARGIN after CPS OVERHEAD

CPS OVERHEAD (5)

total overhead as a % of revenues

MARGIN after CPS OVERHEAD

margin after overhead as a % of revenues

(1) CPS receives 70% of on campus tuition revenues for CPS students under NBM tuition allocation. CPS receives $351 per undergrad student taking CPS courses on-campus

(2) CPS receives 85% of online campus tuition revenues under NBM tuition allocation

(3) Two full time faculty Program Directors, five temp PT faculty appointments, one full time staff

(4) Includes: non-professional services, lecturers and honoraria, advertising, and publicity & promotion

(5) Overhead includes admissions, student services, career services, marketing salaries and Dean's Office expense. Overhead was treated differently in both FY17 and FY18 due to change in calculation in credit hours and distinct students, which changed as a result of GAAP recognition of summer revenue

FY17 FINAL

FY18 FINAL

FY19 FINAL

FY20 FINAL

FY21 FINAL