Where the money goes

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 fiscal year 2024, just over half of each fee dollar was spent on program-specific technology, and the remainder was spent on program-related instructional expenses.

pie chart illustrating the breakdown of 2024's tuition allocation, wherein the four biggest catagories are instructional salaries and benefits, real estate and grounds, admissions support, and institutional aid.
Instructional salaries and benefits 26%
Real estate, buildings, and grounds 20%
Administrative support services 18%
Institutional aid (SVA scholarships, grants) 16%
Student support services 7%
Instructional expenses 6%
Legal, audit, and other professional expenses 2%
General Surplus 1%
Museum, galleries, exhibitions, and shows (institutional) 1%
Printing, catalogs, community service, advertising 1%
Property and liability insurance 1%
Technology support services 1%
Total 100%