La Trobe University - Finances

Finances

As of 2010, La Trobe was running a budget surplus of $28.5 million. In this year the University took in $618.1 million in income which came from a variety of sources, broken down by order of size, the universities income came from the following:

• 40% from the Australian government
• 22% from fees and charges
• 17% from HECS
• 11% from other revenue
• 7% from consultancy and contract research

The university had expenditures of $516.9 million which can be broken down to the following:

• 66% to employee benefits
• 10% to other
• 8% to professional fees
• 6% to repairs, refurbishment and maintenance
• 5% to depreciation
• 2% to publications
• 2% to travel

The University currently has assets worth $1.22 billion and an endowment of $267 million.