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…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.
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Student tuition and fees are now reported net of scholarships funded by Federal and State grants as
well as University's resources.
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GASB Statement No. 35 requires the…
https://www.wichita.edu/_archive/services/controller/Accounting/_documents/afr_11.pdf