As New Jersey’s premier state university, Rutgers derives its revenue from a mix of private and public sources. Like other public universities, Rutgers relies on government funding as a vital component of its annual budget. Along with tuition and fees, direct state appropriations and state-paid fringe benefits are the primary means of support for the university’s educational offerings.
Additional university revenue is derived from grants and contracts (both public and private), auxiliary enterprises (such as student housing and dining), contributions from donors, and endowment and investment income. External research funding, which alone brings more than $375 million to the university each year, supplies critical support for Rutgers’ most promising scientific endeavors.
While direct state appropriations and fringe benefit payments currently constitute
just 19.5 percent of Rutgers’ $2.2 billion annual budget, state support remains
essential to the university’s core educational mission, as many other sources
of funding are restricted for use in research, auxiliary, and varied activities
outside the classroom.