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SVA derives the majority of its revenue from tuition and departmental fees. Tuition dollars are spent on running the institution as a whole and on these operating expenses that pertain to all students. Each fee dollar generated by an academic/studio department is earmarked and spent by that same department for its own specific program needs. In FYE 2018, just over half of each fee dollar was spent on program-specific technology, and the remainder was spent on program-related instructional expenses.

Instructional salaries and benefits: $0.27
Real estate, buildings, and grounds: $0.21
Administrative support services: $0.10
Institutional aid (scholarships, grants): $0.12
Instructional expenses (not covered by departmental fees): $0.12
Student support services $0.08
Technology support services $0.04
General Surplus $0.01
Legal, audit and other professional expenses: $0.02
Museum, galleries, exhibitions, and shows (institutional): $0.01
Printing, catalogs, community service and advertising: $0.01
Property and liability insurance: $0.01

Source: SVA Finance

School of Visual Arts | 209 East 23 Street, NY, NY 10010-3994 | Tel: 212.592.2000 | Fax: 212.725.3587