Administration & Finances
Finances
In 2015-16, Stanford is a $5.5 billion enterprise. This figure represents the university’s consolidated budget for operations, a compilation of all annual operating and restricted budgets that support teaching, scholarship and research, including the budgets of all schools and administrative areas and the SLAC National Accelerator Laboratory. It does not include the $774 million capital budget and excludes the budgets for the Stanford Health Care and the Lucile Packard Children's Hospital.
| Sponsored research | 17% |
| Endowment income | 21% |
| Other investment income | 4% |
| Student income | 16% |
| Health care services income | 18% |
| Expendable gifts and net assets released | 6% |
| SLAC National Accelerator Laboratory | 9% |
| Other income | 9% |
| Salaries & benefits | 59% |
| Operating expenses | 31% |
| Debt service | 4% |
| Financial aid | 6% |
Endowment
Stanford’s $22.2 billion endowment (as of Aug. 31, 2015) provides an enduring source of financial support for fulfillment of the university’s mission of teaching, learning and research. More than half of the endowment is designated by donors for a specific purpose. There are more than 7,000 endowed university funds.
Each year, a portion of investment return from the endowment is used to support annual operating expenses. The remainder of the return is reinvested in the endowment to maintain its value over time. The Stanford Management Company (SMC) was established in 1991 to manage Stanford’s financial and real estate assets. SMC is a division of the university with oversight by a board of directors appointed by the university board of trustees.
Fundraising
Stanford University in 2013-14 raised $928.5 million from 82,300 donors.
| Fiscal Year | Gifts (in millions) |
|---|---|
| 2001 | $469.0 |
| 2002 | $454.8 |
| 2003 | $486.1 |
| 2004 | $524.2 |
| 2005 | $603.6 |
| 2006 | $911.2 |
| 2007 | $832.3 |
| 2008 | $785.0 |
| 2009 | $640.1 |
| 2010 | $598.9 |
| 2011 | $709.4 |
| 2012 | $1,035.0 |
| 2013 | $931.6 |
| 2014 | $928.5 |
Tuition Rates
| Academic Year | Tuition |
|---|---|
| 1920-21 | $120 |
| 1930-31 | $300 |
| 1940-41 | $345 |
| 1950-51 | $660 |
| 1960-61 | $1,005 |
| 1970-71 | $2,400 |
| 1980-81 | $6,285 |
| 1990-91 | $14,280 |
| 1991-92 | $15,102 |
| 1992-93 | $16,536 |
| 1993-94 | $17,775 |
| 1994-95 | $18,669 |
| 1995-96 | $19,695 |
| 1996-97 | $20,490 |
| 1997-98 | $21,300 |
| 1998-99 | $22,110 |
| 1999-2000 | $23,058 |
| 2000-2001 | $24,441 |
| 2001-2002 | $25,917 |
| 2002-2003 | $27,204 |
| 2003-2004 | $28,563 |
| 2004-2005 | $29,847 |
| 2005-2006 | $31,200 |
| 2006-2007 | $32,994 |
| 2007-2008 | $34,800 |
| 2008-2009 | $36,030 |
| 2009-2010 | $37,380 |
| 2010-2011 | $38,700 |
| 2011-2012 | $40,050 |
| 2012-2013 | $41,250 |
| 2013-2014 | $42,690 |
| 2014-2015 | $44,184 |
| 2015-2016 | $45,729 |
This page last modified Oct 26, 2015.
