NACUBO Codes

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NACUBO Codes

The NACUBO code is a two-digit number assigned by the National Association of Colleges and University Business Officers to identify a specific functional expense classification. NACUBO codes are used as a method of grouping expenses according to the purpose for which the costs are incurred. The classifications tell why an expense was incurred rather than what was purchased. Below is the list of UT Austin’s NACUBO codes.

NACUBO functional expense categories and their general descriptions
NACUBO Code	General Description
02	Instruction – expenditures for all activities that are part of an institution’s instruction program.
06	Research – expenditures for all activities specifically organized to conduct research, whether funded by an external agency or separately budgeted within an organizational unit of the institution.
12	Public Service – expenditures for activities that offer non-instructional services intended to benefit individuals and groups external to the institution.
14	Academic Support – expenditures for services that directly support the academic functions of the institution, such as academic administration (academic dean but not department chair), awards, sabbaticals and development programs for faculty, and libraries and museums.
15	Hospitals and Clinics – includes expenditures from Hospitals and Clinics.
16	Student Services – expenditures incurred for the offices of admissions and the registrar, as well as for activities primarily aimed at supporting students' emotional and physical well-being, and fostering their intellectual, cultural, and social development outside the formal instructional program.
20	Institutional Support – expenditures for all central executive-level activities related to the management and long-range planning of the entire institution. Includes space management, purchase and maintenance of supplies and materials, campus-wide communication services, general stores and printing shops. If an institution does not separately budget and record expenses for information technology resources, the costs related to the three core programs (instruction, research, and public service) will be allocated to academic support, with the remaining costs assigned to this category.
22	Operation and Maintenance of Physical Plant – expenditures involving current operating funds for the administration, oversight, operation, maintenance, preservation, and protection of the institution’s physical plant.
48	Scholarships and Fellowships – expenditures in the form of student grants awarded either through institutional selection or as part of an entitlement program. Includes tuition and fee waivers and tuition assistance.
70	Auxiliary Enterprises – auxiliary enterprises provide goods or services to students, faculty, and staff in exchange for a fee. These enterprises are managed as a self-supporting activity. Examples include residence halls, food service, college stores, parking, and intercollegiate athletics.
86	Depreciation and Amortization – depreciation and amortization expenses are calculated in accordance with the institution’s capitalization and depreciation policies.
99	Not Applicable – designates that a NACUBO code is not applicable.