Budget Facts
Supporting Our Mission
Rutgers' budget reflects our priorities, with the majority of our budget dedicated to student instruction, research, and public service. The charts below depict the distribution of revenues and expenditures in Rutgers' $6.2 billion budget for the 2026-2027 academic year.
Revenues
Where does our revenue come from? The university receives revenue from the following public and private sources.
- Student tuition and fees: 28.8%
- State support: 21.9%
- Healthcare revenue: 19.8%
- Grants, contracts and F&A: 12.3%
- Federal student aid, gifts, endowments, and others: 10.2%
- Auxiliary revenue: 7.0%
Source: FY27 Budget, University Finance and Administration
Expenditures
How do we spend our budget? A significant portion of the university’s expenditures support classroom instruction, academic support, student services, scholarships, research, public service, extension, and patient care.
- Classroom instruction and academic support: 33.1%
- Healthcare and public service: 21.1%
- Administration and operations: 15.8%
- Student scholarships, financial aid, student services: 10.8%
- Sponsored research and other sponsored programs: 10.4%
- Auxiliary enterprise: 5.4%
- Athletics: 3.4%
Source: FY27 Budget, University Finance and Administration
Rutgers' Endowment
Rutgers' endowment is a set of funds that come primarily from charitable donations raised through Rutgers University Foundation. The goal of the endowment is to provide a permanent source of income beyond tuition and state monies to support the university's mission.
At the end of the 2025 fiscal year, the endowment assets were $2.35 billion. The endowment has become an increasingly important element in the university's funding of more student aid, pioneering research, innovative teaching programs, and new technologies. The endowment is also essential to the university's ability to attract and retain senior faculty and to maintain a vast physical infrastructure, including classrooms, libraries, laboratories, and health care facilities.
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