Login to MyLSU Baton Rouge, Louisiana |
Apply Online Directory    LSU A-Z    

The University

FINANCES

Because it is a state-supported institution, LSU receives most of its funds from legislative appropriations. The budget for 2006-07 including the School of Veterinary Medicine, totaled $396,700,373.

These funds, expressed in millions of dollars, came from:

Source of Revenue Amount
State appropriations $214.5 million
Student fees 157.1 million
Other sources      25.1 million
Total $396.7 million

 

Area of Expenditure Amount
Instruction $178.9 million
Research 51.1 million
Public service 9.3 million
Operation and maintenance 43.1 million
Academic support 51.5 million
Institutional support 23.7 million
Student services 10.7 million
Scholarships and fellowships 27.9 million
Transfers       .5 million
Total $396.7 million

The estimated worth of the physical plant of LSU is $1,021.9 million. LSU's annual operating budget totals approximately $396.7 million. Not included in the above is approximately $127 million of grant and contract funds, which are restricted in their use. These funds are received from federal, state, and private sources.

The University spends about $128.8 million to operate its auxiliaries (student housing, food services, Union, etc.). Capital construction for auxiliary operations is funded through the issuance of University revenue bonds liquidated through the operation of such units.

Construction and renovation of generaluse buildings are usually funded by the Legislature through the state Office of Facility Planning & Control.

Return to Top