Facilities
In recent years, the university has invested in infrastructure in many ways to reflect our focus on innovation. By far the most prominent example is our University Center — the heart of our urban campus, a model of sustainable architecture, and a space
specifically designed for academic and creative convergence and collaboration.
We also have world-class performance and making facilities, which allow students across the university to learn, create, and inspire. We look forward to making these spaces available again as soon as it is safe for the community to return to campus. Our
space-related costs make up 23 percent of our total budget.*
Education
We are dedicated to promoting academic scholarship that goes beyond the conventional, offering students what we believe is a truly new educational experience. The proportion of the university’s spending on its academic programs has increased steadily
over time, to 62 percent of our actual costs in FY20. This allocation covers everything from faculty salaries and research to new programs, all of which keep the university at the front line of creative, interdisciplinary, and experimental pedagogy.
Student Support
Over the last 20 years, we have steadily increased the scholarships and financial aid provided to students, both in amount of support and as a percentage of tuition revenue. In 2001, the university provided $24.5 million, or 18.8 percent of tuition revenue,
in financial aid and scholarships. In FY20, we awarded more than $144 million, or 30.5 percent.