University of Tampa Revenue is on the Rise

The University of Tampa’s revenue has been steadily increasing over the past five years, growing nearly $50 million since 2013, from $167 million to $215 million.

The school has invested most of that back into its students, with spending increasing $40 million over the same period, according to recent bond disclosures.

The private university’s net assets have nearly doubled from $272 million in 2013 to $444 million this year.

Enrollment at the school increased by more than 1,000 since 2013; the university now has 8,235 students. More than 7,000 of those are full-time undergraduate students who pay nearly $26,000 a year in tuition. By comparison, University of South Florida undergraduates pay about $6,400 a year for full-time tuition.

More than half of UT's annual revenue comes from student tuition. The next biggest source of revenue — more than $40 million in 2017 — comes from things like athletics, housing, meals, the student union and the on-campus bookstore.

The bookstore, run by the chain Barnes & Noble, paid the school a little less than $500,000 in both 2016 and 2017 to sell books on campus.

Despite the school’s increasing financial might, it still falls behind USF in the latest Wall Street Journal/Times Higher Education ranking.