Pasco-Hernando State College Annual Report 2017 | Page 32

MOMENTUM ... COLLEGE REPORT
Pasco-Hernando State College’s growth and expansion has resulted in five unique campuses
with more than 70 programs that offer exceptional instruction. The College is distinguished
as one of the most progressive in the Florida College System and among the most affordable
colleges in the nation. Our ability to expand program offerings and invest in quality education,
while affording students the best opportunities, can be attributed to our prudent financial
management. These charts illustrate PHSC’s revenues, expenses and Foundation support for
the 2017-2018 fiscal year, running from July 1 through June 30.
FINANCIAL AID
SOURCES OF REVENUE 2017-2018
54% Federal (18,811,728.55)
27% Loans (9,228,705.00)
12% State (4,303,615.31)
5% Private (1,976,783.49)
2% phsc (819,824.43)
Grand Total: 35,140,656.78
FINANCIAL AID
TYPES OF REVENUE 2017-2018
In addition to the income from state appropriations and student tuition and fees, funds received
from the Foundation provide much-needed additional support for student scholarships, library
holdings, faculty support, and staff and program development. The College continually strives
to effectively maximize financial resources while providing exemplary service to the growing
student population.
$1,650,000
$1,500,000
$1,350,000
$1,200,000
$1,050,000
$900,000
$750,000
$600,000
$450,000
$300,000
$150,000
$0
PHSC FOUNDATION SUPPORT
2013-2014 THROUGH 2017-2018
13-14
14-15
65% Need Based (22,875,064.86)
6% Other (2,049,545.89)
17-18
scholarships
2% Student Activities/Merit (771,321.03)
prepaid scholarships
July 1 through June 30
13-14 14-15 15-16 16-17 17-18
$15,673 $22,742 $27,760 $28,398 $33,909
Scholarships $793,255 $818,333 $990,058 $941,140 $1,061,866
Staff & Program
Development $396,814 $341,624 $489,751 $384,257 $449,846
1,205,743 1,182,700 1,507,569 1,353,796 1,545,621
Prepaid Scholarships
Grand Total: 35,140,656.78
16-17
Staff & Program Development
26% Loans (9,228,705.00)
1% Student Employment (216,020.00)
15-16
Total