As the University formally reimagines its strategic plan, we are grounding our efforts in our core values. One of our core values is that Pitt will promote accountability and trust. These principles are central to our current initiatives and stand as a focal point for the University's future direction.
As a steward of taxpayer dollars, the University of Pittsburgh remains steadfastly committed to accountability and transparency. Recognizing our pivotal role in educating Pennsylvania’s and the nation’s future leaders, we understand the importance of being responsible custodians of public funds. This commitment extends beyond just financial matters; it encompasses a dedication to open communication, ethical governance, and rigorous oversight. Pitt ensures efficient and effective use of public funds by adhering to these principles, fostering stakeholder trust and upholding our mission to provide accessible and world-class education to all.
Every dollar the University receives from the commonwealth in its general support appropriation is used exclusively to lower tuition for Pennsylvania students. In-state students save about $16,000 annually because of the state’s investment. Learn more about why state support matters.
For ease of reference, compiled below are information and reports the University provides to local, state and federal authorities.
Required State Reporting
Right to Know Law - Pennsylvania's Right-to-Know law requires all state-related universities to make disclosures on an annual basis. In particular, state-related universities are required to file IRS Form 990, which includes the compensation of the University’s officers and salaries of the twenty-five highest-paid non-officer employees.
State Financial Disclosure Reports - The Stairs Report, per Pennsylvania’s Public School Code of 1949, as amended, requires that Pitt disclose certain information annually, including unit expenses and revenues, median and mean salaries, and contracts for purchasing goods and services.
State Academic Reports - Also required by Pennsylvania, the Snyder Report focuses on data related to student credit hours and degrees, faculty salaries and workweek activities for all academic programs of the University for the reporting year.
Financial Reports
Audited Financial Statements - Pitt furnishes audited financial statements for each fiscal year, concluding on June 30.
Audit of Federal Expenditures - The Single Audit is a comprehensive financial statement and federal awards audit that must be completed by the University annually. The Single Audit is performed to ensure Pitt uses its federal funds appropriately and complies with all applicable requirements and regulations of each grant award.
Economic Impact Report - The University of Pittsburgh is integral to the state’s economic success, and Pitt operations directly or indirectly impact nearly every resident of Pennsylvania. In FY ’21 (the fiscal year that ended June 30, 2021), Pitt generated more than $5.2 billion in economic impact for the state.
This report highlights the impact of our five campuses and overall areas of workforce development, innovation, medicine, community partnership, and athletics.
Campus Safety
Annual Security Reports - With assistance from the Office of University Communications and Marketing, the Office of Public Safety and Emergency Management gathers policy and crime information and prepares this report to help keep the Pitt community safe.
Clery Act Report - The Clery Act, formally known as the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act, is a federal consumer protection law mandating that higher education institutions participating in federal student financial aid programs must provide information regarding specific crimes occurring on campus, in university-owned or controlled buildings/properties, and on publicly owned property within or immediately adjacent to the campus.
Institutional Information
Pitt Fact Book - The interactive fact book is a valuable source of information about the University. The site includes dashboards and data, including student statistics and demographics, graduation and retention rates, and student enrollment, reflecting much of what the Office of Institutional Research reports on behalf of the University throughout the year.
Tuition and Fees - Find information about the University's tuition rates and mandatory fees for the current academic year.
Student Graduation Rates - Graduation rates serve as a commonly utilized gauge of student success. The “6-year Graduation Rate” for the official entering cohort represents the percentage of those initial first-time, first-year students who successfully earned their degree within six years.
Licensure Pass Rates - The pass rate indicates the percentage of candidates from Pitt who took and passed the examinations related to their areas of study or profession. Note that some candidates may take these examinations before they complete their educational program, which could affect the pass rate.
Student Retention Rates - Retention rates are a frequently used metric for assessing student success. The “2nd-year Retention Rate” for the official entering cohort signifies the percentage of first-time, first-year students who return for classes in the fall of their second year, which is a critical indicator of their academic progress.
Integrated Postsecondary Education Data System - The Integrated Postsecondary Education Data System (IPEDS) is a system of interrelated surveys conducted annually by the U.S. Department’s National Center for Education Statistics. IPEDS gathers information from every college, University, and technical and vocational institution that participates in the federal student financial aid programs and provides a data feedback report to the institutions annually.