Architecture Program Report Tulane University New Orleans ...

3. 10. FINANCIAL RESOURCES AND INSTITUTIONAL COMMITMENT
Budget
The total operating budget provided to the School by the University for the
2006-2007 academic (fiscal year 2007) was $2,553,232.67. Of this,
approximately $2,012,382.54 went to faculty and staff salaries and fringe
benefits (accounts #211000-5111 to 5899). The remaining $486,790.88
covered all equipment, supplies and expenses for the School's endeavors
(accounts #211000-6111 to 8223). Student workers were funded by
$54,059.25 within the Architecture Budget. The level of M. Arch I
Scholarship support within the Architecture budget was $192,000.00.
Endowments
The School of Architecture's total endowed funds had a 1.1.07 book value
of $6,521,562.00 a nearly 76% increase in five years. The endowment is
divided between 38 funds, with various restrictions on their use stipulated
by their donors. The projected income of these endowed funds for FY 07 is
$278,374 (spendable), an increase of 57% over the previous FY 06.
Annual giving to the Architecture School for academic and fiscal year 2007
was $855,977.00. Of this, $781,000.00 was in restricted giving, and thus
available for the operating expenses of the School.
Scholarships
Tulane University scholarship funds have increased substantially in the
past few years, and now stand at over $105 million (an increase of 40% in
five years. More than half of all undergraduates receive some kind of aid.
A total of 185 undergraduate Architecture students received institutional
scholarship aid in the 2006-2007 academic year.
Listed below are the types of institutional scholarships, and total dollar
amounts, awarded to undergraduate Architecture students.
Tulane Need-based
Scholarship $1,437,472.00
PRIVATE Merit and Deans Honors Scholarships $1,822,651.00tc \l 1 "
Merit and Deans Honors Scholarships $302,000"
Legislative and City scholarships $183,600.00
Tuition Exchange $50,988.00
In addition, the following Federal funds were awarded: