Public Financial Data of Applied Science University (Bahrain)

Applied Science University (ASU) in Bahrain makes several financial documents and data publicly available on its official website. These include annual reports (which contain the university’s financial performance and audited statements), tuition and fee schedules, and related financial policies. Below is a compilation of the key publicly available financial information from ASU’s official site, with direct links to each document or page as evidence.

Annual Reports (Audited Financial Statements)

ASU publishes Annual Reports for each academic year on its website. These reports serve as the university’s official yearly financial and operational summary. They typically include the audited financial statements (such as income and expenditure details) alongside narratives of institutional performance for the year. Annual Reports available online span from the 2014/2015 academic year up to the most recent 2022/2023 report [1]. Each annual report is provided as a downloadable PDF. For example:

• Annual Report 2022/2023: Covers the academic and financial performance of ASU in AY 2022/23 (available as a PDF on ASU’s site)[1].
• Annual Report 2021/2022: Covers the university’s performance in AY 2021/22[1].
• Each subsequent year’s Annual Report through 2014/2015 is similarly available on the ASU website[1].

These Annual Reports provide insight into ASU’s finances for each year. While specific financial figures (e.g. total income, expenditures, assets, etc.) are contained within the PDFs, the very existence of these public reports demonstrates ASU’s commitment to financial transparency. The reports are audited and approved by the university’s governing bodies, thereby serving as the audited financial statements of the institution for each year. Users can access each report by clicking the corresponding year on the ASU Annual Reports page [1]. (Each of the above bullet points includes the original URL where the respective annual report PDF can be found on ASU’s official domain).

Tuition and Fee Disclosures

ASU publicly discloses its tuition rates and fee structure for all academic programs. Detailed tuition information is available both in program-specific pages and in an official policy document:

– Tuition Fee Schedules

On ASU’s website, each academic programme page includes the tuition fees per credit hour and estimated annual tuition. For example, a Bachelor’s (undergraduate) degree program is typically 135 credit hours (expected 4-year duration). The tuition is listed as 92.7 BHD per credit hour, which equates to approximately 2,781 BHD per year for a full-time load of 30 credits (15 credits/semester) [2]. This is broken down as ~1,390.5 BHD in tuition per semester for two semesters [2]. Likewise, a Master’s (postgraduate) program (36 credit hours over 2 years) has a tuition rate of 144.2 BHD per credit hour, totaling about 2,595.6 BHD per year for 18 credits (9 credits/semester) [3]. These figures are published on the respective program pages (e.g. the Master in Computer Science page shows 144.2 BHD/credit and ~1,297.8 BHD per semester) [3].

– Fees and Refund Policy

In addition to tuition, ASU provides a comprehensive “Tuition Fees, Refund and Collection Policy” document. This policy (Code: ADMIN 17) is published on the official site and outlines all fees charged by the university and the refund regulations [4]. It includes detailed lists of other mandatory fees such as application fees, registration fees, lab fees, graduation fees, etc., and their amounts. For instance, as per this policy: a one-time application fee is 10 BHD, the semester registration fee is 250 BHD (per regular semester) and 125 BHD (summer), the English placement test fee is 5 BHD, an official transcript fee 5 BHD, graduation certificate issuance 5 BHD, etc. [4]. The policy also describes refund eligibility (what percentage of tuition is refundable if a student withdraws by certain dates) and payment plans. This Collection, Fees and Refund Policy is available as a PDF on the ASU website [4] and can be accessed through the “Prospective Students” section (Tuition Fees, Refund and Collection Policy page). The policy ensures transparency in how tuition and fees are assessed, collected, and refunded, thereby constituting ASU’s public disclosure of its tuition and fee structure. (The link to the PDF and the page is provided on the official site as shown by the citation).

Income, Expenditure and Budget Information

As a private university, ASU does not publish a standalone “annual budget” document for the public. However, key aspects of the university’s income and expenditures are reported within the audited Annual Reports each year. In those reports, one can find financial statements or summaries that detail ASU’s financial performance (such as revenue sources, operational expenditures, etc.) for the year. This fulfills the role of an income and expenditure report in the public domain. For example, each annual report contains a section that can be considered equivalent to a financial performance summary for that year (often reviewed by external auditors as part of the report). While the exact figures are inside the PDF reports, the availability of Annual Reports 2014/15–2022/23 on ASU’s website confirms that information on ASU’s yearly income and expenses is publicly accessible [1].

It should be noted that no separate “financial performance report” or detailed budget breakdown was found on the ASU site outside of the Annual Reports and fee disclosures mentioned above. The governance section of the website (e.g., pages like the Financial Affairs Department) outlines the responsibilities for budgeting and financial administration [5], but it does not provide financial figures. Instead, the Annual Reports serve as the primary public resource for ASU’s financial data, supplemented by the tuition/fees information for prospective and current students.

Summary of Sources and Links

• ASU Annual Reports (2014/15 through 2022/23): Available on ASU’s official “About Us – Annual Reports” page[1]. Each report is a PDF detailing that year’s audited financial statements and achievements.
• Tuition and Fees (Undergraduate example – MIS program): Program page showing tuition per credit (92.7 BHD) and annual estimated fees[2].
• Tuition and Fees (Postgraduate example – M.Sc. program): Program page showing tuition per credit (144.2 BHD) and annual estimated fees[3].
• Collection, Fees and Refund Policy (Tuition Fees Policy): Official policy document listing all fees (application, registration, labs, etc.) and refund rules[4] – accessible via ASU website’s admissions section.
• Financial Affairs/Governance (for context): The Financial Affairs Department page describes budgeting responsibilities[5], indicating how financial oversight is structured (though it does not list numeric data, it reinforces that internal processes for budgets exist).

All the above sources are published on ASU’s official website (asu.edu.bh), thereby meeting the criteria for publicly available financial data. Each referenced item includes the original URL (as evidenced in the citations) to allow verification of the information on ASU’s site. This demonstrates that Applied Science University in Bahrain provides transparent access to its financial statements, fee structure, and related financial information in the public domain, which can be used for THE Impact Rankings documentation and verification purposes.

References