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RVCC 2019 NECHE Self-Study

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FISCAL YEAR ENDS month & day (06 /30<br />

)<br />

Standard 7: Institutional Resources<br />

(Supplemental Data)<br />

3 Years Prior<br />

(FY2016 )<br />

2 Years Prior<br />

(FY2017 )<br />

Most Recently<br />

Completed Year<br />

(FY 2018 )<br />

Current Year<br />

(FY <strong>2019</strong> )<br />

Next Year<br />

Forward<br />

(FY 2020 )<br />

NET ASSETS<br />

Net assets beginning of year Total increase/decrease in net<br />

$5,098,351 $6,010,725 $7,084,152 $6,841,454 $7,479,444<br />

assets $912,374 $1,073,427 ($242,698) $637,990 $638,731<br />

Net assets end of year $6,010,725 $7,084,152 $6,841,454 $7,479,444 $8,118,175<br />

FINANCIAL AID<br />

Source of funds<br />

Unrestricted institutional $3,250 $211,122 $87,933 $145,680 $150,000<br />

Federal, state and private grants $1,543,554 $1,178,584 $1,127,693 $1,018,735 $1,014,415<br />

Restricted funds<br />

Total $1,546,804 $1,389,706 $1,215,626 $1,164,415 $1,164,415<br />

% Discount of tuition and fees 25.1% 15.2% 7.2% 12.5% 12.9%<br />

? % Unrestricted discount 0.0% 0.0% 0.0% 0.0% 0.0%<br />

?<br />

FEDERAL FINANCIAL<br />

RESPONSIBILITY COMPOSITE<br />

SCORE n/a n/a n/a n/a<br />

Please indicate your institution's endowment spending policy:<br />

<strong>RVCC</strong> doesn't have an endowment. Our endowment is housed at our CCSNH Foundation.<br />

Please enter any explanatory notes in the box below<br />

114 | P a g e

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