The university adheres to prudent financial management, planning to utilize limited budgets to achieve maximum efficiency, aiding resource allocation decisions and promoting university affairs to achieve overall sound university development goals. Financial information is managed by the Accounting Office using automated accounting operations. At the end of the academic year, financial statements are prepared according to Ministry of Education regulations and are audited and certified by accountants before being submitted to the Ministry of Education for record-keeping. The accountant's certification and internal control recommendation reports are published on the university's Accounting Office website.
The university's income sources include seven major categories. In the 2022 academic year, the primary source of income was tuition and fees, accounting for approximately 55.68% of total income (about NT$1.23 billion), indicating stable enrollment. The second largest source of income was subsidies and donations, accounting for approximately 21.71%. This income mainly came from Ministry of Education grants and the Higher Education Sprout Project, demonstrating that the university’s teaching and student learning effectiveness are highly regarded. The third largest source of income was industry-academia collaboration, accounting for approximately 17.86%, showing a growing trend year by year. This indicates the university’s emphasis on practical teaching and collaboration with industry.
|
Subject |
Academic year 2020 |
Academic year 2021 |
Academic year 2022 |
|
Tuition fee income |
1,298,559,203 |
1,292,661,125 |
1,227,810,467 |
|
Education promotion income |
18,032,894 |
15,442,726 |
16,506,640 |
|
Industry-academia collaboration income |
352,218,719 |
381,883,510 |
393,886,536 |
|
Other teaching activityrelated income |
5,681,480 |
7,711,233 |
11,894,136 |
|
Subsidy and donation income |
460,968,246 |
442,708,351 |
478,638,241 |
|
Financial income |
4,419,646 |
5,520,533 |
11,911,097 |
|
Other income |
66,928,178 |
60,139,814 |
64,525,593 |
|
Total |
2,206,808,366 |
2,206,067,292 |
2,205,172,710 |
|
Subject |
Academic year 2020 |
Academic year 2021 |
Academic year 2022 |
|
Board of Directors' expenditure |
10,141,459 |
7,071,620 |
3,232,146 |
|
Administrative management expenditure |
261,845,340 |
218,296,360 |
224,744,625 |
|
Teaching research and training expenditure |
1,528,354,602 |
1,557,177,541 |
1,572,630,336 |
|
Scholarship expenditure |
112,306,072 |
118,173,681 |
111,180,370 |
|
Education promotion expenditure |
9,722,084 |
9,864,502 |
10,580,321 |
|
Industry-academia collaboration expenditure |
193,008,252 |
211,538,948 |
213,944,252 |
|
Other teaching expenditure |
10,399,558 |
14,669,468 |
16,335,818 |
|
Financial costs |
0 |
24,559 |
272,461 |
|
Other expenditure |
11,220,560 |
19,691,964 |
12,966,782 |
|
Total |
2,136,997,927 |
2,156,508,643 |
2,165,887,111 |
|
Subject |
2021 |
2022 |
2023 |
|
Incentive grants for private technical colleges |
118,565,333 |
112,940,507 |
112,669,412 |
|
Higher Education Sprout Project |
196,560,000 |
195,553,000 |
242,848,000 |
|
Total |
315,125,333 |
308,493,507 |
355,517,412 |
Through budget ratio statistics, it is possible to understand the recurring expenses per student. The higher the budget ratio, the more resources the school invests. In the 2022 academic year, the average teaching resource funding per student at the university was approximately NT$136,986.
|
Academic year |
Current expenses (A) |
Number of students (B) |
Funding ratio (C=A/B) |
|
2020 |
2,136,997,927 |
16,598 |
128,750 |
|
2021 |
2,156,508,643 |
16,482 |
130,840 |
|
2022 |
2,165,887,111 |
15,811 |
136,986 |
Financial Risk and Opportunity Management
|
Financial Strategy |
Risk - Low Birth Rate |
Opportunity - Diverse Sources of Revenue |
|
Zero debt operation, expand diversified revenue sources, and fortify the internal control mechanisms. |
The low birth rate has resulted in a decline in tuition fee income. |
Expand revenue via industry-academia collaborations, education promotion, and subsidy incomes to expand diverse sources of revenue. |
In response to the impact of declining birth rates and the development needs of becoming a model technological university, our school adheres to the principle of "zero-debt operation." We diversify financial sources and strengthen internal control mechanisms. Based on the school development plan, we plan the budget, monitor budget execution through the online budget system, and at the end of each academic year, an internal visitation team conducts on-site evaluations to review the effectiveness of budget execution.
Additionally, our school strengthens the business of industry-academia cooperation and extension education through the Environmental Toxicology and Emerging Contaminants Research Center and the Cultural Heritage Conservation Research Center. We actively seek grants and subsidies from the Ministry of Education and other government departments. We also recruit students for specialized programs such as military base classes, overseas Chinese students, and migrant workers to expand financial sources. Furthermore, we implement internal control functions based on internal risk assessments to reduce inefficient use of resources.