FINANCIAL SUMMARY 2021–2022

Revenue FY15 to FY22 - 251%

Expense Savings Actuals vs. Budget FY15 and FY22

GSEP established various student aid scholarships to assist students with their financial needs and to award those with excellent academic performance and/or community service.

Revenue Increase from FY15 to FY22

Revenue

GSEP experienced a 243% increase in total revenue from the 2014–2015 academic year (FY15) to the 2021–2022 academic year (FY22).

• 83% increase from FY15 to FY22 (psychology in-person programs) and 62% increase from FY15 to FY22 (education in-person programs), representing a 74% revenue increase from FY15 to FY22 in in-person programs.

• 2,216% increase from FY18 to FY22 (online psychology programs), with the MA in Clinical Psychology program bringing in more than half of the total revenue of the online psychology programs for FY22.

Expenses

As we increased our revenue by triple percentage points, our savings increased even more. GSEP has been operating on a lean budget, consistently spending even less than our allotted expense funds. In fact, in FY22, we slightly underspent our budgeted expense by $0.7M vs. FY15 $0.5M.

Net Contribution to the University

As a top contributor from Pepperdine University’s five schools, GSEP’s net income helps fund the institution. GSEP’s in-person education and psychology programs brought in 56 precent more income in FY21 than FY15, and including the net revenue from our online psychology programs, GSEP’s net contribution increased by 100 percent.

Student Aid

From FY15 to FY22 GSEP has consistently increased our student aid available. For 2021–2022, the school had more than $9 million available to students.