Annual Report 2023

Ma n a g eme n t ’ s D i s c u s s i o n a n d A n a l y s i s J u n e 3 0 , 2 0 2 3 a n d 2 0 2 2 Fiscal Year 2019 2020 2021 2022 2023 Fall Enrollment Undergraduate 4,904 5,666 6,314 6,637 6,971 Graduate 11,868 11,054 10,548 10,073 9,566 Professional 3,663 3,856 4,026 4,188 4,411 Total Enrollment 20,435 20,576 20,888 20,898 20,948 Total Full-Time Equivalent 17,101 17,431 17,973 18,057 18,302 Freshman Admissions Applications 8,946 11,058 11,324 11,749 16,789 Acceptances 7,026 8,857 10,470 10,868 12,726 Enrollments 1,248 1,526 1,689 1,672 1,978 Undergraduate Tuition $ 29,940 $ 31,150 $ 32,370 $ 33,510 $ 34,500 Financial (in thousands) Total Assets $ 1,549,998 $ 1,604,464 $ 1,816,842 $ 1,954,327 $ 1,990,848 Total Liabilities $ 658,238 $ 676,705 $ 762,756 $ 912,175 $ 875,455 Total Net Assets $ 891,760 $ 927,759 $ 1,054,086 $ 1,042,152 $ 1,115,393 Total Revenues $ 660,697 $ 691,006 $ 758,403 $ 674,106 $ 823,066 Total Expenses $ 625,498 $ 655,007 $ 632,076 $ 686,040 $ 749,825 Endowment Net Assets $ 170,727 $ 174,151 $ 226,994 $ 200,766 $ 224,941 Plant Assets, Net $ 944,258 $ 939,450 $ 916,240 $ 893,841 $ 889,752 Financial and Statistical Highlights 8

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