Resources - The Use of Resources to Achieve Educational, Research and Service Goals
These metrics enable Western Michigan University to evaluate whether the use of resources supports Western in achieving its educational, research, and service goals. The metrics related to endowments measure the availability of marginal funds that exist beyond base funding, which can be dedicated to achieving strategic objectives.
Total expenditures per full-year equivalent student was $26,645 in fiscal year 2021, $31,921 in fiscal year 2022, $34,701 in fiscal year 2023, $34,022 in fiscal year 2024, $37,486 in fiscal year 2025, and $38,344 in fiscal year 2026.
The functional expense per full-year equivalent student in 2026 for instruction was $11,878, departmental research was $1,672, public service was $1,273, academic support was $3,684, student services was $2,081, institutional support was $4,697, operations and maintenance of plant was $2,791, scholarships and fellowships was $60, and auxiliary activities was $6,655.
Endowments per full-time equivalent student were $34,938 for fiscal year 2022, $42,237 for fiscal year 2023, $50,912 for fiscal year 2024, $57,011 for fiscal year 2025, and $68,723 for fiscal year 2026.
Total endowment market value was $557,113,863 for fiscal year 2022, $633,647,236 for fiscal year 2023, $754,940,001 for fiscal year 2024, $843,547,100 for fiscal year 2025, and $1,002,927,673 for fiscal year 2026.
Faculty per one hundred full-time equivalent students was 5.88 for fiscal year 2022, 6.31 for fiscal year 2023, 6.45 for fiscal year 2024, 6.45 for fiscal year 2025, and 6.55 for fiscal year 2026.