General Fund Budget
The General Fund Budget for 2026 - 2027 was approved by the Board of Trustees on July 10, 2026.
The approved budget has been posted in Workday. To review it, refer to the GVSU General Fund Base Budget Report help article.
A pie chart showing the 2026-27 General Fund Revenue Budget of $422,399,200. Tuition (Net of Financial Aid) is the dominant revenue source at 73%, followed by State Appropriations at 24%. The remaining 3% comes from Other sources (2%) and a transfer from Housing & Dining Auxiliary Operations (1%).
A pie chart showing the 2026-27 General Fund Expenditure Budget of $422,399,200 distributed across eleven areas. Academic Affairs accounts for more than half the budget at 57%. General & Administrative Support Services (12%) and Finance & Administration (10%) are the next largest areas, with the remaining eight areas each representing 6% or less.
A pie chart showing the same 2026-27 General Fund Expenditure Budget of $422,399,200 broken down by expenditure type. Personnel costs make up the vast majority: Faculty Compensation (42%) and Non-Faculty Compensation (31%) together account for 73% of the total. Non-Compensation operating costs represent 24%, and Student Wages account for the remaining 3%.