TCNJ

50% 5% 2% 7% 8% 13% 5% 10% F Y 1 4 O p e r a t i n g B u d g e t $ 2 4 7 . 9 M i l l i o n D i r e c t S t u d e n t S u p p o r t O p e r a t i o n & M a i n t e n a n c e o f P l a n t I n s t i t u t i o n a l S u p p o r t I n t e r e s t E x p e n s e A u x i l i a r y A c t i v i t i e s L o s s o n D i s p o s a l o f A s s e t s D e p r e c i a t i o n P u b l i c S e r v i c e & O t h e r T h e C o l l e g e o f N e w J e r s e y S c h o l a r s h i p s ( i n m i l l i o n s ) $17,900 $20,541 $24,692 $28,536 2010 $3M $6M $9M $12M $15M $18M 2011 2012 2013 2014 $13.3 $13.5 $14.5 $15.6 $16.2 S t u d e n t a n d S t a t e C o n t r i b u t i o n s t o To t a l R e v e n u e s 10% 20% 30% 40% 50% 2012 2013 2014 Tu i t i o n & f e e s S t a t e b a s e a p p r o p r i a t i o n S t a t e f r i n g e a p p r o p r i a t i o n p l a n n i n g F o R T h e F u T u R e Cognizant of its responsibility to allocate resources strategically and keep the cost of education at tCnJ affordable, the college has identified areas for focused review and strategies to ensure the maintenance of the college's long-term financial health. ese focused reviews should provide the foundation for improvement in the structure and processes of strategic planning as well as facilities master planning. ese planning enhancements will depend on a better understanding of the increasing demand for institutional scholarships, strategic enrollment management, and thoughtful investment in academic and student development programs. e strategies include cost containment initiatives, review of the organizational structure to generate financial efficiencies and preserve organizational effectiveness, investment in facilities, expansion of fund raising activities, diversification of revenues, and enhancement of entrepreneurial activity. 13

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