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Current
Operations
• The University has a diversified revenue
base. No single source generated more than 32 percent of the total fiscal
year 2000 operating revenues of $2.0 billion.
• State tax appropriated dollars (16 percent)
and student tuition and fees (12 percent) were key sources of funds, providing
$569 million in 2000, primarily for instructional activities.
• Grants and contracts (30 percent) generated
$603 million of current-year revenue, a 6 percent increase over 1999.
These funds provided the opportunity for graduate and undergraduate students
to work with nationally recognized faculty in research as part of their
educational experience.
• Operating income from gifts totaled $40
million (2 percent). This private support gave the University an added
margin of excellence and the flexibility to respond to special opportunities.
• Approximately 44 percent of total expenditures
supported two primary functions of the University: instruction and research
(see figure 2). These dollars provided instruction to more than 38,000
students and funded 4,700 research awards.
• The University provided students with scholarships and fellowships that totaled over $80 million (4 percent of expenditures)
.
Saving
Students Time
How does a student take care of
tuition and financial aid, check class schedules, and make graduation
preparations in the most computer savvy part of the country? Electronically,
of course. Using an Internet portal called “MyUW,” students
can interact with the financial aid, student accounts, scheduling and
registrar’s offices. Many of these important activities once meant
spending hours in line.
As a leader in computing and communications,
the UW has streamlined many of the basic business transactions that
students have with the University. Students are more productive. Staff
time and money are saved. Consider the example of Hsun Wen Chang. Hsun
has student loans and other financial aid to help with her tuition.
As a sophomore, she is a pre-major in business and wants to make certain
that the classes she is taking will apply toward her graduation requirements.
In one session on MyUW, Hsun can see that her financial aid has been
deposited to her bank account, her tuition payment was made electronically,
and also that she needs an additional science course to graduate. If
she needs any forms, she can also print them from her terminal at home
or anywhere on campus.
Streamlining these basic services is also very productive for the staff of the registrar and student services offices. Hsun knows this first hand, as a part time worker in Student Accounts. She and the staff can now spend quality time with students who have more complicated requests. And it saves thousands of dollars in postage every quarter. “I like the convenience of MyUW,” says Hsun. I can access email, and take care of my financial transactions without standing in lines. That leaves me more time to study and work as a math tutor for high school students—that’s what I really enjoy.”