As a comprehensive Big 10 campus and the state’s flagship institution, IU Bloomington provides crucial contributions—to the region, state, nation, and world—through the intellectual insights, energies, and activities of our faculty, students, and staff. The campus budget model facilitates and strengthens these mission-critical teaching, research, and service efforts while providing financial stability and resilience across campus, all within the context of an evolving higher education landscape.
The IUB Budget Model
What is a budget model?
A budget model is the method used to allocate income and expenses. IUB's budget model is the formula we use to distribute income from tuition, the state, grants and contracts, and other sources to academic and support units. It also determines how expenses are charged to units. A budget model does not create new resources.
Why is our campus redesigning the budget model?
The existing budget model served Indiana University well for several decades, yet the current landscape of higher education has changed dramatically. The new model will better position Indiana University to continue to excel in its core missions of teaching, research and service within this new environment while also implementing strategic initiatives and fostering innovation and collaboration across departments and schools to ensure the university thrives into the coming decades. With a modernized, predictable model, IU will also be better positioned for centralized planning, accountability and transparency, and fiscal sustainability.