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Get the free Finance Data Report - Florida Agricultural and Mechanical University - famu

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This document serves as a finance data reporting form for public educational institutions, specifically for Florida Agricultural and Mechanical University, detailing financial statements, operating
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How to fill out Finance Data Report - Florida Agricultural and Mechanical University

01
Gather all necessary financial data including income, expenses, and investments.
02
Start with the basic information such as institution name, report period, and contact details.
03
Input total revenues earned during the specified period.
04
Document all operating expenses in detail, categorizing them appropriately.
05
Include any capital expenditures and other investments made by the institution.
06
Review and ensure all entries are accurate and reflect the data required.
07
Submit the completed report by the designated deadline.

Who needs Finance Data Report - Florida Agricultural and Mechanical University?

01
University administrators to assess financial health.
02
State and federal agencies for compliance and funding purposes.
03
Accrediting bodies that require financial assessments for evaluation.
04
Potential investors or stakeholders interested in the university's financial stability.
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People Also Ask about

The average need-based scholarship or grant awarded to first-year students at Florida A&M University was $8,064. Additionally, 78% of first-year students received need-based financial aid in fall 2022.
For example, 63 percent of FAMU undergraduates are recipients of Pell Grants, compared to a SUS average of ~37 percent. Additionally, the average annual household income of FAMU students is ~$46,000 and ~70 percent of undergraduate students receive some form of need-based financial aid.
Total operating revenues of $32.1 million for the fiscal year ended June 30, 2023 includes contributions, investment earnings, and other operating revenues, including rental activity and miscellaneous operating activity.
For example, 63 percent of FAMU undergraduates are recipients of Pell Grants, compared to a SUS average of ~37 percent. Additionally, the average annual household income of FAMU students is ~$46,000 and ~70 percent of undergraduate students receive some form of need-based financial aid.
Financial Aid Demographics. As of the 2022-2023 academic year, 85% of full-time, first-year undergraduate students were awarded some type of financial aid. Among the students who were offered aid: 56% were awarded federal grants.
Additionally, FSU received high marks among public colleges and universities coming in at No. 3 on the Best Schools for Financial Aid, with 87% of undergraduates receiving some form of non-loan student financial aid.

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The Finance Data Report at Florida Agricultural and Mechanical University is a financial disclosure document that outlines the university's financial activities, budget allocations, and expenditures to ensure transparency and accountability.
All departments and units within Florida Agricultural and Mechanical University that engage in financial transactions are required to file the Finance Data Report.
To fill out the Finance Data Report, individuals must gather all relevant financial data, complete the necessary sections based on the university's guidelines, and submit the form to the finance department in accordance with the filing deadlines.
The purpose of the Finance Data Report is to provide a comprehensive overview of the university's financial status, facilitating better decision-making and enhancing accountability to stakeholders.
The Finance Data Report must include details such as budgeted amounts, actual expenditures, revenue sources, and any variances from expected financial outcomes.
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