THREE-YEAR EXPENDITURE DETAILS

MING CHI UNIVERSITY OF TECHNOLOGY DOWNLOAD THREE-YEAR EXPENDITURE DETAILS
ITEMS	2022 AY	PCT.	2023 AY	PCT.	2024 AY	PCT.
Administrative Expenses	285,645,045	15%	327,306,376	15%	340,074,772	15%
Personnel Expenses	24,849,928	1%	34,963,718	2%	28,204,776	1%
Operating Expenses	34,870,908	2%	41,685,381	2%	51,194,432	2%
Maintenance Expenses	61,776,997	3%	68,000,990	3%	65,810,286	3%
Retirement & Pension Expenses	5,124,432	0%	7,076,983	0%	8,884,929	0%
Depreciation and Amortization	159,022,780	8%	175,579,304	8%	185,980,349	9%
Teaching, Research, and Student Support Expenses	1,240,482,082	65%	1,415,149,804	64%	1,516,739,838	65%
Personnel Expenses	597,710,642	31%	641,124,042	29%	695,995,555	30%
Operating Expenses	360,557,697	19%	467,603,213	21%	489,214,021	21%
Maintenance Expenses	48,397,235	3%	58,054,585	3%	67,978,141	3%
Retirement & Pension Expenses	16,441,611	1%	19,465,104	1%	19,232,951	1%
Depreciation and Amortization	217,374,897	11%	228,902,860	10%	244,319,170	10%
Scholarships and Grants	124,052,184	7%	217,231,427	10%	171,634,301	7%
Scholarship Expenses	53,139,292	3%	90,724,423	4%	103,042,126	4%
Grant-in-Aid Expenses	70,912,892	4%	126,507,004	6%	68,592,175	3%
Continuing Education Expenses	0	0%	126,000	0%	64,500	0%
Personnel Expenses	0	0%	126,000	0%	64,500	0%
Others	0	0%	0	0%	0	0%
Industry–Academia Collaboration Expenses	228,114,768	12%	246,542,945	11%	303,894,863	13%
Personnel Expenses	69,518,309	4%	86,716,736	4%	74,553,344	3%
Others	158,596,459	8%	159,826,209	7%	229,341,519	10%
Other Expenses	20,207,183	1%	12,228,904	1%	11,353,916	0%
Examination Service Expenses	11,250,176	1%	7,497,914	0%	6,355,525	0%
Loss on Disposal of Assets	529,859	0%	0	0%	595,806	0%
Excess Pension Payments	1,817,786	0%	2,043,862	0%	2,561,821	0%
Miscellaneous Expenses	6,609,362	0%	2,687,128	0%	1,840,764	0%
Total Operating Expenses	1,898,501,262	100%	2,218,585,456	100%	2,343,762,190	100%

Explanation:

The University’s expenditures consist of administrative management expenses and instructional, research, and student support expenses, with personnel costs being the primary expenditure category.