b'32RAPPORT | Notes & News2021 Financial StatementThe College awarded $2.97 million in$45.5 FY 17 $34.2MFY 18 $36.6Mscholarship aid and paid out $1.73 millionFY 19 $37.4Min student employment. The combinedMILLION FY 20 $43.2Mtotal of $4.7 million represents 14 percentin total assets FY 21 $45.5Mof the total operating budget. Revenues from government grants totaled $23.9 FY 17 $12.3MFY 18 $14.6M$6.93 million.MILLION FY 19 $15.7MFY 20 $18.9MThe change in net assets from the in net assets FY 21 $23.9MFY 2021 Audited Financial Statements was $5,012,957, the highest in the$6.93 FY 17 $980K $1.85KFY 18Colleges history. A significant portionFY 19 $2.15MMILLIONof this funding , $2,820,523, came fromin governmentFY 20 $3.86Mthe Higher Education Emergency Reliefcontracts FY 21 $6.93MFund (HEERF) and Paycheck ProtectionFY 17 $1.23MProgram (PPP). The chart represents$2.97 FY 18 $1.56M FY 19 $1.94Mfinancial highlights from the year. MILLION FY 20 $1.53MFor detailed information about ourin scholarship aid FY 21 $2.97Mfinancial statements, please contactVice President of Finance and Operations$1.73 FY 17 $1.01KFY 18 $1.01KDaniel Brent at 617-564-9336 or MILLION FY 19 $1.19MFY 20 $1.22Mdan_brent@williamjames.edu.in studentFY 21 $1.73Memployment'