Activities commonly supported by these revenues are student government, cultural events, organizations, and intramurals. One should not attempt to correlate the level of revenue among universities, since the operating philosophies vary by campus. Conversely, FSU operates its student union within the student activity budget. Student Financial Aid is a program component which represents the amount of resources for which each university is fiscally accountable. Component units are legally separate organizations for which the nature and significance of their relationship with a university are such that exclusion would cause the reporting entity's financial statements to be misleading or incomplete.
Instruction includes expenditures of an institution's instruction program.
Open university, short courses, and home study activities falling within the classification and offered for credit are included. However, this activity does not include instructional offerings that are part of programs leading toward degrees or certificates at levels below the higher education level, such as adult basic education. Research includes expenditures on research and development ordinarily managed within academic departments. Such activities usually have stated goals or purposes and projected outcomes, and may be created for specific periods as a result of a contract, grant or specific allocation of institutional or system resources. A component of Research and Development is the eventual dissemination of research results.