The State of Ohio biennial operating budget for the FY2026 – FY2027 included an allocation of subsidy using post-graduation employment outcomes and technician-aligned associate degrees. Miami’s FY2026 budget reflects a 1.5% decrease compared to FY2025 due to the uncertainty of how these pools would be allocated.
Tuition revenues for all campuses are budgeted to reflect an increase compared to FY2025. The budget included investments in faculty/staff compensation and student financial aid.
The data described below reflects the budget as revised by the Miami University Board of Trustees at its June 27, 2025 meeting.
2025-2026 Budget Assumptions
Overall Budget – All Campuses
The FY2026 Educational and General (E&G) revenue budget increased $59,116,396 or 10% higher than FY2025. The FY2026 Auxiliary Enterprises budget increased $7,358,628 or 4.8%. Miami University’s FY2026 revenue budget for all funds is $796,095,303 or roughly $2,181,083 per day.
Revenues ($796,095,303)
The FY2026 University revenue budget is comprised as follows:
47%
Student Tuition and Fees
20%
Auxiliary Enterprises
11%
State Appropriations
22%
Contracts, Sales & Services, Temporary Investments, Endowment Income, Gifts, and Transfers In
Expenditures ($796,095,303)
The FY2026 University expenditure budget is comprised as follows:
41%
Instruction, Research, Public Service, Academic & Student Support
17%
Auxiliary Enterprises
8%
Scholarships and Financial Aid
19%
Institutional Support and Plant Operation & Maintenance
14%
Debt Service and Other Transfers
Oxford Campus
The budget assumed a first year class of 4,080 students. Sixty-seven percent (67%) of the incoming class are expected to be Ohio residents, while thirty-three percent (33%) are expected to come from outside of Ohio.
The FY2026 budget continued the Miami Tuition Promise for Oxford campus undergraduate students. The Miami Tuition Promise provides all first-time students and their families the certainty that tuition, special purpose fees, course fees and room and board charges will not increase over the ensuing four academic year period from their first enrollment as a degree seeking student. Tuition for the fall 2025 Tuition Promise cohort is budgeted as a one-time increase over fall 2024 of two percent (2%) for non-residents and two percent (2%) for residents.
Regional Campuses
Noteworthy changes in budgeted expenses include a salary increment pool of three percent (3%).
The FY2024 budget assumes a draw from regional campus reserves of $5.1M.
Budget Document
An electronic version of the annual Operating Budget can be obtained by contacting the University Budget Office. The University Budget Office welcomes your feedback on any exhibits and charts and is available to address any questions about the University’s budget.
University Budget Office Staff
David Ellis, Associate Vice President for Budgeting & Analysis
Jeff Pidcock, Director of Budgeting & Business Transformation
