2022 NSU Fact Book

136 NOVA SOUTHEASTERN UNIVERSITY University Finances Academic and research expenses represent 65.2 percent of the university total expenses. The composition of expenses by function is shown in Figure 18. Figure 18 Fiscal Year 2021 Expenses Expenses by Functional and Natural Classification (Millions of Dollars) Academic and Research Student Services and Support General Administrative and Operations Total Expenses Salaries and wages $206.9 $42.7 $40.6 $290.2 Employee benefits 51.5 7.5 13.0 72.0 Supplies and services 48.3 20.0 20.7 89.0 Space and occupancy 40.2 6.9 9.2 56.3 Other 15.4 16.7 16.5 48.6 Allocations: Depreciation 34.7 6.2 17.5 58.4 Interest 6.7 10.5 0.4 17.6 Operations and maintenance 8.3 7.6 (15.9) - Total Expenses $412.0 $118.1 $102.0 $632.1 General Administrative and Operations—16.1% Student Services and Support—18.7% Academic and Research—65.2% Figure 18 Expenses by Functional and Natural Classification (Millions of Dollars) Academic and Research Student Services and Support General Administrative and Operations Total Expenses Salaries and wages $206.9 $42.7 $40.6 $290.2 Employee benefits 51.5 7.5 13.0 72.0 Supplies and services 48.3 20.0 20.7 89.0 Space and occupancy 40.2 6.9 9.2 56.3 Other 15.4 16.7 16.5 48.6 Allocations: Depreciation 34.7 6.2 17.5 58.4 Interest 6.7 10.5 0.4 17.6 Operations and maintenance 8.3 7.6 (15.9) - Total Expenses $412.0 $118.1 $102.0 $632.1 Fiscal Year 2021 Expenses

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