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Comparative national financial statistics can assist a two-year college in preparing a meaningful analysis of how its financial and operational performance compares to other two-year colleges. The following median revenues and expenditures per credit FTE for fiscal year 1993-1994 were derived from a study of 427 public community colleges across the nation:
| Types of Revenues | Revenues Per Credit FTE | ||
| Tuition | $1,412 | ||
| Appropriations (state and local combined) | $3,361 | ||
| Other revenues | $144 | ||
| Gifts, grants, and contracts | $510 | ||
| Total Revenues | $5,666 per credit FTE
|
Types of Expenditures | Expenditures per Credit FTE |
| Academic expenditures | $3,328 | ||
| Support expenditures | $1,975 | ||
| Total Expenditures | $5,560 per credit FTE |
This information was reported in ED 354 939, "Comparative Financial Statistics." A full-text copy of this document may be obtained from the ERIC Document Reproduction Service, 7420 Fullerton Road, Suite 110, Springfield, VA 22153-2852; 800/ 443-ERIC.
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