Budget Overview
Content based on 2026 unit budget
This article is compiled from "2026 Qingdao University Unit Budget" (Qingdao University's publicly released annual budget report). The budget is adjusted annually; this article reflects the initial budget arrangement for 2026, please refer to the university's official budget report for that year. The original report can be found at Qingdao University 2026 Unit Budget (Finance Office Official Website).
Although it has nothing to do with your living expenses, it's quite interesting to know how much your alma mater spends each year By the way: The university's money comes from government allocations, tuition and housing fees, and its own operating income, which is separate from your tuition fees. The first thing to do upon receiving the budget is to repay the university's bank loans (Yes, there's a repayment budget of over 60 million).
In a Nutshell
Qingdao University's total budget for 2026 is 2.769 billion yuan (2,769,051.6 thousand yuan), all allocated for education expenditure. Of this, 1.256 billion is used to ensure the university's normal operation (basic expenditure, mainly faculty and staff salaries), and 1.513 billion is used for various projects (project expenditure, such as research, scholarships, infrastructure, etc.).
Where the Income Comes From
The total income budget for 2026 is 2,769,051.6 thousand yuan, with the following main sources:
| Income Source | Amount (10,000 yuan) | Approx. Share | Description |
|---|---|---|---|
| Fiscal Appropriation Income | 93,008.25 | 33.6% | Provincial fiscal appropriation (general public budget) |
| Carried Over from Previous Year | 64,041.91 | 23.1% | Unused funds from the previous year carried over for use this year (mainly research project funds) |
| Fiscal Special Account Management Fund Income | 46,605.00 | 16.8% | Education fees such as tuition, housing fees, training fees (specially managed) |
| Other Income | 41,250.00 | 14.9% | Interest, rental of fixed assets, operating income, etc. |
| Business Income (excluding education fees) | 32,000.00 | 11.6% | Income from professional business activities |
Where the Money Goes
The total expenditure budget for 2026 is 2,769,051.6 thousand yuan, all for education expenditure (higher education):
| Expenditure Type | Amount (10,000 yuan) | Description |
|---|---|---|
| Basic Expenditure | 125,566.00 | Ensuring normal university operation: personnel salaries, daily public expenses |
| Project Expenditure | 151,339.16 | Special projects such as research, scholarships, infrastructure, etc. |
Basic Expenditure Composition (Approx. 1.256 billion)
- Salary and Welfare Expenditure approximately 1.076 billion (basic salary, allowances, performance, social insurance, housing provident fund, etc.) — this is the source of teachers' salaries
- Goods and Service Expenditure approximately 78.74 million (office, utilities, maintenance, travel, and other daily operations)
- Subsidies to Individuals and Families approximately 101 million (pension, survivor benefits, etc.)
Key Project Expenditures
Among project expenditures, several directions worth noting:
| Project | Amount (10,000 yuan) | Description |
|---|---|---|
| Research Project Funds | 96,041.91 | Vertical + horizontal projects, supporting research |
| Logistics Service Support Funds | 11,000 | Cafeteria operation, food security (Note: the performance target table lists 120 million, while the main text table shows 110 million; the official table prevails) |
| Teaching and Research Support Funds | 12,029 | Utilities, property management, and other support expenditures |
| 2026 Provincial University National Scholarships and Grants | 11,427 | National scholarships, grants, etc., directly related to you |
| Student Scholarships and Grants | 3,000 | University-level scholarships, work-study, hardship subsidies |
| Debt Repayment and Interest Expenditure | 6,250 | Repayment of bank loan principal and interest |
| Provincial University Talent Introduction Funds | 5,274 | Introduction and cultivation of high-level talents |
| Provincial University Teaching Condition Improvement Project | 4,000 | Procurement of databases, journals, books, etc. |
| Qingdao University Basic Condition Construction Improvement Project | 800 | New student dormitory construction at Fushan Campus |
| Qingdao University Shandong Province Key Laboratory Special Construction Funds | 500 | Construction of provincial key laboratories |
| Information Operation and Maintenance Project | 300 | Network and information system operation and maintenance |
| College Student Innovation and Entrepreneurship Ability Enhancement Plan | 162.25 | Supporting college student innovation competitions and innovation projects |
| Publicly Funded Normal Student Training | 316 | Training funds for publicly funded normal students |
| Publicly Funded Medical Student Training | 30 | Training funds for publicly funded medical students |
| Normal Student Professional Skills Competition Awards | 9 | Awards for normal student skills competitions |
Points Relevant to You
- Scholarships and Grants: National scholarships and grants budget 114 million + university-level student scholarships and grants 30 million, covering undergraduate national grants (per capita subsidy standard approx. 3,700 yuan/year), graduate grants, scholarships, work-study, hardship subsidies, etc.
- New Dormitories: New student dormitory construction at Fushan Campus, planned to add approximately 59,000 square meters of building area and approximately 4,000 new beds. Living conditions will improve after completion.
- Library: The teaching condition improvement project includes procurement of databases, journals, and e-books.
Increase or Decrease Compared to the Previous Year?
The 2026 revenue and expenditure budget is 2,769,051.6 thousand yuan, a decrease of 210,584.1 thousand yuan from the previous year (a decrease of approximately 7.1%). Main reasons: Fiscal initial budget appropriation has decreased, some projects are implemented with mid-year allocations; at the same time, the university has reduced loan income, optimized financial structure, and lowered financial costs.
Other Things Worth Knowing
- "Three Public" Expenditures: In both 2025 and 2026, no general public budget appropriations have been arranged for "three public" expenditures (overseas travel for official business, official vehicles, official hospitality)
- Government Procurement: The 2026 government procurement budget is 170,766.6 thousand yuan, of which 110 million for goods, 54.4826 million for services, and 6 million for engineering
- State-owned Assets: As of December 31, 2025, the university has 3 official vehicles; equipment with a unit value of over 1 million yuan amounts to 182 units, and 19 more are planned for procurement in 2026
- Internal Institutions: The university has 74 internal institutions (including colleges, functional departments, medical school colleges, research institutes, etc.), itself a secondary budget unit under the Shandong Provincial Department of Education, with no subordinate units
Glossary of Terms
| Term | Meaning |
|---|---|
| Fiscal Appropriation | Funds allocated by the government finance to the university |
| Fiscal Special Account Management Funds | Education fees such as tuition, housing fees, managed in special accounts for specific uses |
| Business Income | Income from the university's business activities (excluding education fees) |
| Carried Over from Previous Year | Unused funds from the previous year carried over for use this year for the original purpose |
| Basic Expenditure | Expenditure to maintain normal university operation (personnel + daily public expenses) |
| Project Expenditure | Expenditure to complete specific tasks and objectives (research, infrastructure, scholarships, etc.) |
| "Three Public" Expenditures | Costs for overseas travel for official business, official vehicle purchase and operation, and official hospitality |
Data source: "2026 Qingdao University Unit Budget", budget disclosure unit is in 10,000 yuan. Please refer to the university's official budget report for that year.