Budget Summary

Arizona State University prepares its annual operating budget in the spring and summer of each year for the fiscal year that begins on July 1. The budget is substantially defined by the spring of each year, but the university is reliant upon the funding decisions made by the state legislature, usually in May or June of each year.

The following are key summaries describing ASU’s operating budgets.  These summaries exclude ASU's component units, which are the ASU Foundation, Arizona Capital Facilities Finance Corporation (ACFFC), ASU Alumni Association, Sun Angel Foundation, Sun Angel Endowment, ASU Research Park Inc., Collegiate Golf Foundation, and Mesa Student Housing LLC.   Even though these organizations support the University, they are not subsidiaries of the University, nor are they directly controlled by the University. 

  • All Funds Budget A table showing the ASU All Funds Budget revenues and expenditures
  • Sources of Revenue A pie chart showing the main categories of revenue sources from the ASU Annual Financial Report 
  • Use of Funds A pie chart showing the main categories of fund usage from the ASU Annual Financial Report
  • HEPI History A history of the Higher Education Price Index since 1982
  • Tuition, Fees, and General Fund Appropriation  Pie charts showing budgeted receipts and uses of tuition, fees, and General Fund Appropriation.  The majority of tuition and fees are considered by the State to be part of the State Operating Budget, and are budgeted and spent together with the General Fund Appropriation to support ASU's mission.