The 51ƷƵ is committed promoting accountability and trust. It’s a key element of the University’s strategic plan – – and it reflects our values and our focus on the future.
As a steward of taxpayer dollars, 51ƷƵ is committed to transparency as we strive to educate Pennsylvania’s and the nation’s future leader. Every dollar the University receives from the Commonwealth in its general support appropriation is used exclusively to lower tuition for Pennsylvania students. In-state students save about $16,000 annually because of the state’s investment. .
For ease of reference, compiled below are information and reports the University provides to local, state, and federal authorities. This information also is designed to reflect 51ƷƵ’s commitment to .
Required State Reporting
- Pennsylvania's Right-to-Know law requires all state-related universities to make disclosures on an annual basis. In particular, state-related universities are required to file IRS Form 990, which includes the compensation of the University’s officers and salaries of the twenty-five highest-paid non-officer employees, as well as an annual list of the University’s contracts in excess of $5,000 for the purchase of all goods and third-party services.
- The Stairs Report, per Pennsylvania’s Public School Code of 1949, as amended, requires that 51ƷƵ disclose certain information annually, including unit expenses and revenues, median and mean salaries, and contracts for purchasing goods and services.
- Also required by Pennsylvania, the Snyder Report focuses on data related to student credit hours and degrees, faculty salaries and workweek activities for all academic programs of the University for the reporting year.
– The 51ƷƵ archives has a collection of minutes of the Board of Trustees’ public meetings for the last 20 years as required by the state law.
Financial Reports
- 51ƷƵ furnishes audited financial statements for each fiscal year, concluding on June 30.
- The Single Audit is a comprehensive financial statement and federal awards audit that must be completed by the University annually. The Single Audit is performed to ensure 51ƷƵ uses its federal funds appropriately and complies with all applicable requirements and regulations of each grant award.
Economic Impact Report-The 51ƷƵ is integral to the state’s economic success and 51ƷƵ operations directly or indirectly impact nearly every resident of Pennsylvania. In FY ’23 (the fiscal year that ended June 30, 2023), 51ƷƵ generated more than $6.6 billion in economic impact for the state – a 24% increase from FY 2021.
This report highlights the impact of our five campuses and overall areas of workforce development, innovation, medicine, community partnership, and athletics.
Campus Safety
- With assistance from the Office of University Communications and Marketing, the Office of Public Safety and Emergency Management gathers policy and crime information and prepares this report to help keep the 51ƷƵ community safe.
- The Clery Act, formally known as the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act, is a federal consumer protection law mandating that higher education institutions participating in federal student financial aid programs must provide information regarding specific crimes occurring on campus, in university-owned or controlled buildings/properties, and on publicly owned property within or immediately adjacent to the campus.
Institutional Information
- The interactive fact book is a valuable source of information about the University. The site includes dashboards and data, including student statistics and demographics, graduation and retention rates, and student enrollment, reflecting much of what the Office of Institutional Research reports on behalf of the University throughout the year.
- Find information about the University's tuition rates and mandatory feesfor the current academic year.
- Graduation rates serve as a commonly utilized gauge of student success. The “6-year Graduation Rate” for the official entering cohort represents the percentage of those initial first-time, first-year students who successfully earned their degree within six years.
- The pass rate indicates the percentage of candidates from 51ƷƵ who took and passed the examinations related to their areas of study or profession. Note that some candidates may take these examinations before they complete their educational program, which could affect the pass rate.
- Retention rates are a frequently used metric for assessing student success. The “2nd-year Retention Rate” for the official entering cohort signifies the percentage of first-time, first-year students who return for classes in the fall of their second year, which is a critical indicator of their academic progress.
- The Integrated Postsecondary Education Data System (IPEDS) is a system of interrelated surveys conducted annually by the U.S. Department’s National Center for Education Statistics. IPEDS gathers information from every college, University, and technical and vocational institution that participates in the federal student financial aid programs and provides a data feedback report to the institutions annually.