Revenue Guide
Allocated Undergraduate Tuition
Budget provides grand total of dollars in a 66% (WSCH) & 34% (WCH) split that the model then allocates by weighted semester credit hours (WSCH) & semester credit hours (SCH) respectively in a pro-rata calculation.
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College of Instruction (COI) |
The model allocates this line by the pro-rata share of WSCH. |
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College of Record (COR) Resident |
The model allocates this line by the pro-rata share of SCH. |
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College of Record (COR) Non-Resident |
The model allocates this line by the pro-rata share of SCH. |
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College of Record (COR) Non-Resident Premium |
The model allocates this line by the pro-rata share of SCH. |
Allocated Graduate Tuition
Budget provides grand total of dollars in a 66% (WSCH) & 34% (WCH) split that the model then allocates by weighted semester credit hours (WSCH) & semester credit hours (SCH) respectively in a pro-rata calculation.
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College of Instruction |
The model allocates this line by the pro-rata share of WSCH. |
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College of Record Resident |
The model allocates this line by the pro-rata share of SCH. |
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College of Record Non-Resident |
The model allocates this line by the pro-rata share of SCH. |
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Differential Tuition |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
Other Tuition & Fees
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Graduate Incremental Tuition (GIT) |
Budget provides Grand Total of Dollars in a 66% (WSCH) & 34% (SCH) split pro-rata calculation. The model allocates this line by the pro-rata share of SCH. |
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Online Programs (Option 3 Tuition) |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
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Student Fees - Mandatory Student Fees - Course, Lab, and Optional |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
State Appropriations
For Instruction and Research, budget provides the split of 66% & 34% regarding the grand total of dollars. The IRM model allocates by WSCH & External Restricted Research Expenditures respectively.
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Instruction |
This line is the 66% that is allocated on a pro-rata share of WSCH by colleges. |
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Research |
This line is the 34% that is allocated on a pro-rata share of the last closed & reconciled year of External Restricted Research Expenditures. This is two years behind the IRM model year being created. |
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CORE |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
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Non-Formula Special Items |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
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Benefits |
Budget provides the grand total of dollars to which the IRM model allocates based on the E&G/DT Funds only for Salaries "Faculty & Academic" & "Professional & Administrative" on a pro-rata share by unit. |
Sponsored Programs & F&A
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Sponsored Programs |
Budget provides the data detailed down to IRM Group. The IRM model does not allocate. |
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F&A |
Budget provides the data by which to setup the pro-rata share by unit in the IRM model. The pro-rata data from Budget entails Indirect F&A net of direct expenses in VPR and Debt. Budget also provides the forecasted amount that after being allocated is assigned to this line. |
Gifts, Endowment & Other Income
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Gift Contributions for Operations |
Budget provides the actuals from the prior closed year [IRMY23 would have 2021 actual gifts received by units] that sets up the pro-rata share by unit. Budget also provides the lump sum dollar amount in which the IRM Model utilizes the pro-rata share to assign to units in this line. |
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Direct Endowment & Other Investment Distribution |
Budget provides the data detailed down to IRM Group. The IRM model does not allocate. |
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Official Occasions - Investment Income Allocations |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
Other Revenue
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Sales & Services |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
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Other Operating Revenue |
Units provide the data in their Hyperion load file that IRM personnel enter in the model. |
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Use of Prior Year Balances for Current Year Expense |
Budget provides prior year balances by unit that the IRM personnel link in the model. |
Strategic Investment Contribution
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14% Common CSIF |
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Mandatory Fees |
Budget provides 8% SIFF by unit that the IRM personnel link in the model. |
