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Use of Funds

Educational & General (0010, 0018, 0090)

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Designated Tuition (0100)

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Self-supporting Designated

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Auxiliary Enterprises

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Restricted Funds

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Trust Funds

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Higher Education Assistance Funds (HEAF) (0075)

HEAF resources are allocated to the President and Vice Presidents. HEAF funds can only be spent on E & G capital and E & G facilities. HEAF expenditures are guided by state regulations. HEAF resources are allocated on an annual basis through a formula developed at the Coordinating Board. The formula is modified every 10 years and includes the following factors: program complexity, space utilization, and critical deferred maintenance.

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Tuition Revenue Bonds (TRB)

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Use of Funds

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