Weizmann Institute is Third Most Profitable Scholar Institution

Israel’s top university counted USD 456 million in revenues in 2005; in order, Tel Aviv University, Weizmann Institute, Ben Gurion and Technion next most profitable

The Hebrew University in Jerusalem continues to lead as Israel's most profitable university, counting revenues of USD 456.7 million in 2005, according to data released Sunday by the Dan and Bradstreet Company Israel.

The overall revenue from Israel’s 25 leading universities and colleges totaled roughly USD 2.3 billion in 2005, a 3.5 percent rise since
the previous year. Profits from tuition fees only represented 20 percent of total revenues, as the majority of profits were attributed to various governmental subsidies and private endowments.

Hebrew University profits from tuition totaled USD 38.1 million in 2005 and governmental budget funds totaled USD 208.8 million in 2005. Another USD 209.8 million came from “other sources.”

Tel Aviv University rates as the country's second most profitable institution, with profits of USD 330 million in 2005. USD 66 million came from tuition fees, USD 156 million from governmental subsidies, and USD 108 million from other sources. The study counted 29,254 students enrolled at Hebrew University in 2005.

The Weizmann Institute of Science in Rehovot ranked third, with revenues of USD 302.8 million, USD 73 million of which were government subsidies and USD 220 million from other sources.

Source: Hebrew U. still most profitable university. Ynet.co.il (12 March 2006) [FullText]