Financial Ratios for Universities: A Feasibility Study. Education, Learning and Training Research Paper Series. Catalogue No. 81-595-M
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| Title: | Financial Ratios for Universities: A Feasibility Study. Education, Learning and Training Research Paper Series. Catalogue No. 81-595-M |
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| Language: | English |
| Authors: | Andrija Popovic, Christopher Matias, Aisha Ali, André Lebel, Statistics Canada |
| Source: | Statistics Canada. 2025. |
| Availability: | Statistics Canada. 150 Tunney's Pasture Driveway, Ottawa, ON K1A 0T6, Canada. Tel: 800-307-3382; Fax: 613-951-4441; e-mail: educationstats@statcan.gc.ca; Web site: http://www.statcan.gc.ca |
| Peer Reviewed: | N |
| Page Count: | 11 |
| Publication Date: | 2025 |
| Document Type: | Reports - Research |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | Foreign Countries, Feasibility Studies, Universities, Educational Finance, Expenditures, Financial Support, Funding Formulas, Private Financial Support, COVID-19, Pandemics, Tuition |
| Geographic Terms: | Canada |
| ISSN: | 2818-7628 |
| Abstract: | The financial and economic environment in which Canadian universities operate has evolved in the last two decades, which include the 2008/2009 recession, the COVID-19 pandemic and the increased reliance on international student tuition fees as a source of revenue. Financial data from the Financial Information of Universities Survey (FINUNI) can shed light on fiscal pressures universities may face. This feasibility study uses Statistics Canada's FINUNI survey to calculate financial ratios for universities. These ratios use standardized financial data from the FINUNI survey and allow comparisons from one institution to another and over time. These ratios measure dependency on private and public funding, the expense proportion of wages and salaries, scholarships and bursary expenses, and other significant fixed and variable financial revenues and expenses. This analysis highlights which university characteristics are associated with which specific financial pressures or dependencies. The results show changes to the ratios before, during and after the pandemic, which includes impacts on university finances such as increased federal government for research projects, the closures of campuses, decrease in international students and record gains of interest income. |
| Abstractor: | ERIC |
| Entry Date: | 2025 |
| Accession Number: | ED676995 |
| Database: | ERIC |
| Abstract: | The financial and economic environment in which Canadian universities operate has evolved in the last two decades, which include the 2008/2009 recession, the COVID-19 pandemic and the increased reliance on international student tuition fees as a source of revenue. Financial data from the Financial Information of Universities Survey (FINUNI) can shed light on fiscal pressures universities may face. This feasibility study uses Statistics Canada's FINUNI survey to calculate financial ratios for universities. These ratios use standardized financial data from the FINUNI survey and allow comparisons from one institution to another and over time. These ratios measure dependency on private and public funding, the expense proportion of wages and salaries, scholarships and bursary expenses, and other significant fixed and variable financial revenues and expenses. This analysis highlights which university characteristics are associated with which specific financial pressures or dependencies. The results show changes to the ratios before, during and after the pandemic, which includes impacts on university finances such as increased federal government for research projects, the closures of campuses, decrease in international students and record gains of interest income. |
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| ISSN: | 2818-7628 |
