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Financial Statements

Operating Revenues

Operating Revenues include money received from the University’s mission of "learning, discovery, and engagement" along with services in support of students and campus operations.

The most significant sources of operating revenue are:

  • Net Tuition and Fees – Tuition and mandatory fee revenue less the amount of institutional grant aid.
  • Medical Physicians' Organization – Clinical practice income from professional services provided to patients at Weill Cornell Medicine.
  • Sponsored Grants and Contracts – Funding from an external entity, such as a governmental agency, corporation, or private foundation to conduct specified, mission-related activities.
  • Contributions – Gifts received from donors that support the University's operating costs.

Cornell's Operating Revenues