Fiscal Year 2025
Deadlines
eDeadline for submission of Budget Narrative: Thursday, May 16.
Deadline for completion of Budget Construction: Thursday, May 16.
Submit narratives to vpfinadm@indiana.edu.
This document, along with supplemental details contained in the attachments, provides the information needed for preparing Fiscal Year 2025 (FY25) budget requests. As in past years, the Office of Finance, Administration & Budget (FAB) will formally review each budget to check for compliance with campus and university policies. Any deviations from these guidelines or policies must be approved by FAB.
Our primary focus in budget development is, as always, the responsible stewardship of IU’s resources. Each unit is accountable for how they allocate funds, and decisions should be guided by a continued spotlight on strengthening the student experience—including affordability—and investing in strategies that foster excellence in our core missions of teaching, research, and service.
The budget provides a high-level outline of unit plans and priorities for the upcoming year as each unit’s budget should align closely with its planned activities. Aligning unit priorities with campus strategic goals will further enhance our ability to leverage the collective assets of the campus, create efficiencies in implementation, and foster connections among units and systems. Combined, these efforts will lead to better outcomes for students, faculty, and staff.
At IU, the academic mission of the university lies at the core of our financial decision-making, and that principle makes IU Bloomington a remarkable place. This can only happen thanks to the collective efforts and dedication of all of you and your staff.
With great appreciation,
Aimee Heeter,
Vice Provost for Finance and Administration