$34.3M in expenses

Grants and contracts administration - the university corporation provides post-award administration of sponsored programs. Working with the university's office of research and sponsored projects, the corporation sponsored programs division provides support to principal investigators and project staff with interpretation of regulations, processing of expenses, payroll, human resources, risk management, financial reporting, management of audits and other services in support of externally funded programs. After deducting all direct costs of the sponsored programs department, a reserve allocation and administration costs, the university corporation sets aside the remaining indirect cost recovery funds into a reserve account.

$8.5M in expenses

Auxiliary services, food services, bookstore commissions, real estate rentals - see schedule o

$748K in expenses

University projects - see schedule o