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… and investment income. This
represented 32.6% of the total University revenue for FY 2012. Public universities depend heavily on
these revenues to fund their programs and services. As a result, the University will normally report a
loss from operating activities.
•
Student tuition and fees are now reported net of scholarships funded by Federal and State…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_12.pdf