MSU Financial Statements - ctlr msu - Michigan State University 2025

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Academic Ranking of World Universities (Shanghai) Social Sciences Category2021 Rank2022 Rank Business Administration 16 17 Finance 76-100 76-100 Sociology 36 51-75 Hospitality Tourism 39 51-7510 more rows
Michigan State University (MSU) is both a public institution and a 501(c)(3) organization that is exempt from both federal and state income taxes.
Michigans overall financial condition improved during the onset of the pandemic, unlike most states, but the state still could not pay all of its bills. Based upon the states fiscal year 2020 audited financial report, Michigan had a Taxpayer Burden of $16,800, earning it a D grade from Truth in Accounting.
Financial Aid Statistics for Michigan State University The average need-based scholarship or grant awarded to first-year students at Michigan State University was $12,288. Additionally, 47% of first-year students received need-based financial aid in fall 2022.
13 with the NCAA, MSU had $180,456,943 total operating expenses to $163,735,928 in total operating revenue for the 2023-24 year, a $16,721,015 budget shortfall. During the two fiscal years covering the worst of the coronavirus pandemic, MSUs deficit was $17.8 million in 2019-20 and $15.4 million in 2020-21.
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Financial Report Highlights for the fiscal year ending June 30, 2024: The Universitys financial assets totaled 8.5 billion. Revenues totaled $3.1 billion while expenses totaled $3.0 billion. MSUs net position was $5.3 billion.

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