Sources and Uses of Funds

UMB receives and uses funds to support its mission. From state appropriations and tuition to research grants and service contracts, these resources are invested in instruction, research, student services, and operations, helping UMB advance education, innovation, and community impact.

Understanding how the University sources and uses its funds highlights our priorities, supports accountability, and informs stakeholders about the impact of investments each fiscal year.

Learn More About UMB Funding

Inclusive Excellence and Institutional Effectiveness (IEIE) collaborates closely with these offices to provide transparent insights and support UMB’s strategic goals for resource alignment and impact.

Sources of Funds – Fiscal Year 2025

Uses of Funds – Fiscal Year 2025

NOTE: What is a Fiscal Year? The State of Maryland and the University System of Maryland report fiscal activity from July 1 through June 30 of the following year, known as a fiscal year. The fiscal year is known by the calendar year in which it ends. Thus, fiscal year 2017 began July 1, 2016, and ended June 30, 2017. Common abbreviations are FY or just "fiscal." Fiscal year enrollment is calculated as the average of the fall and spring enrollment by attendance status and residency for each program. Because it is calculated this way, fiscal year headcount for the entire University or a particular program is not necessary the average of the fall and spring enrollments.