General Fund Budget
The General Fund Budget for 2025 - 2026 was approved by the Board of Trustees on July 11, 2025.
- The approved budget has been posted in Workday. To review it, refer to the GVSU General Fund Base Budget Report help article.
The General Fund Budget for 2026-2027 will be presented to the Board of Trustees for approval on July 10, 2026.
- The Budget Office will load the approved budget to Workday by July 31, 2026.
- General Fund base budget amendments requested after June 1, 2026, will be held for processing until after the approved budget is loaded.
A pie chart showing the 2025-26 General Fund Revenue Budget of $409,401,448. Tuition (Net of Financial Aid) is the dominant revenue source at 73%, followed by State Appropriations at 25%. The remaining 2% comes from Other sources (1%) and a transfer from Housing & Dining Auxiliary Operations (1%).
A pie chart showing the 2025-26 General Fund Expenditure Budget of $409,401,448 distributed across eleven areas. Academic Affairs accounts for more than half the budget at 57%. General & Administrative Support Services (12%) and Finance & Administration (11%) are the next largest areas, with the remaining eight areas each representing 6% or less.
A pie chart showing the same 2025-26 General Fund Expenditure Budget of $409,401,448 broken down by expenditure type. Personnel costs make up the vast majority: Faculty Compensation (41%) and Non-Faculty Compensation (32%) together account for 73% of the total. Non-Compensation operating costs represent 24%, and Student Wages account for the remaining 3%.