UNL Funding

The University has four main funding sources: 

  1. State-aided funding, consisting primarily of state funds appropriated by the Unicameral, and tuition revenue. 
  2. Revolving/Auxiliary funds, which are dollars generated and used by specific university entities, such as some academic departments, athletics, student housing, and parking services. 
  3. Grants and contracts, which are awarded to the University for very specific purposes and include rules for how the funding may be spent. 
  4. University of Nebraska Foundation funds, which are comprised of financial gifts from donors. 
Funding Sources Pie Chart

 

These four major funding sources are broken down into more detail and identified by cost objects, which are numbers assigned to track and analyze UNL’s financial activity. 

Resources

UNL Funding and Cost Objects - This video (8:50) introduces UNL's main funding sources and explains how funds are identified with the cost object numbering system. 

Financial Operations

Journal Entries
Reconcile Cost Objects
Reconcile Payroll