Note: Data are based on degree-granting institutions in the United States that receive Title IV federal student aid. Because revenue and expenditure categories would not be comparable, the table excludes 13 four-year public institutions and three two-year public institutions that use a different accounting method from other public institutions. The 13 omitted four-year institutions, which include Pennsylvania State University at University Park, Temple University, the University of Delaware, and the University of Pittsburgh’s four campuses, together reported nearly $4 billion in tuition and fees and nearly $15 billion in total revenue for the 2019 fiscal year, along with $13 billion in expenses. Percentages have been rounded.