shall be reported in Direct Institutional Support (item 7). 3 Student Fees Include student fees student fees assessed Student fees should be assessed and restricted and restricted for support reported in the for support of of intercollegiate athletics. program specific” intercollegiate athletics. column unless a portion of the overall fee is specifically assessed/restricted for an individual sport. Only VT actually assesses a fee for several specific sports. 4 Direct Include value of Input direct funds provided This category should Institutional institutional resources for by the institution to include allocations Support the current operations of athletics for the operations from accumulated intercollegiate athletics, of intercollegiate athletics reserves, whether as well as all unrestricted including: designated for funds allocated to the athletics or not. It is athletics department by Unrestricted funds applicable to a number • the university (e.g., state allocated to the athletics of schools, but not funds, tuition, tuition department by the significant to total waivers and transfers). university (e.g. state revenue at most Also include Federal Work funds, tuition, tuition schools. Study support for student waivers, transfers). workers employed by Federal work study • athletics. Report actual support for student amounts and do not net workers employed by with Transfers to athletics. Institution (category 37). Endowment unrestricted • income, spending policy distributions and other investment income distributed to athletics in the reporting year to support athletic operations. Athletics restricted endowment income for athletics should be reported in
shall be reported in Direct Institutional Support (item 7). 3 Student Fees Include student fees assessed and restricted for support of intercollegiate athletics. student fees assessed and restricted for support of intercollegiate athletics. Student fees should be reported in the specific” column unless a portion of the overall fee is specifically assessed/restricted for an individual sport. Only VT actually assesses a fee for several specific sports. 4 Direct Institutional Support Include value of institutional resources for the current operations of intercollegiate athletics, as well as all unrestricted funds allocated to the athletics department by the university (e.g., state funds, tuition, tuition waivers and transfers). Also include Federal Work Study support for student workers employed by athletics. Report actual amounts and do not net with Transfers to Institution (category 37). Input direct funds provided by the institution to athletics for the operations of intercollegiate athletics including: • Unrestricted funds allocated to the athletics department by the university (e.g. state funds, tuition, tuition waivers, transfers). • Federal work study support for student workers employed by athletics. • Endowment unrestricted income, spending policy distributions and other investment income distributed to athletics in the reporting year to support athletic operations. Athletics restricted endowment income for athletics should be reported in This category should include allocations from accumulated reserves, whether designated for athletics or not. It is applicable to a number of schools, but not significant to total revenue at most schools. program