Consolidated University Financial Statements for the year 2025
The management of the 2025 financial year has guaranteed economic balance.
The University achieved revenues of €929,368,799 and incurred costs of €921,052,790, achieving a profit for the year of €8,316,009.
Operating income recorded an increase of over €77.6 million compared to 2024 (+9.1%), confirming the growth trend of the last three years. The growth concerned all the main revenue items. In particular, own income grew from almost 257 million euros in 2024 to almost 296 million euros in 2025 (+39 million) and, among these, the allocation of FFO recorded an increase of almost 26.7 million euros compared to 2024.
The trend in costs is characterised by an increase in operating costs of €72.1 million compared to 2024 (+8.8%), attributable to:
- current management costs (+€37.7 million compared to 2024) incurred for the right to education (+€5.7 million), higher transfers to partners in coordinated projects (€19.9 million);
- personnel costs (a total of €24.5 million) in particular, for teachers and researchers (+€12.6 million) due to the numerical increase and salary and technical-administrative staff dynamics, for new hires (+119 units) as well as arrears due to the renewal of the 2022-2024 C.C.N.L.;
- costs for technical-management services and collaborations (€9.8 million).
With reference to the Balance Sheet, Shareholders' Equity stood at €444,490,715 (+€8,316,309 compared to 2024) while on the liabilities side there was a decrease in accrued expenses (-€7.6 million), investment grants (-€3.5 million) and deferred income for ongoing research projects (-€11.6 million).
As regards the indices monitored by the Ministry , it should be noted that the parameters are below the regulatory limits:
- indicator of personnel expenses (Legislative Decree no. 49 of 29 March 2012, art. 5): 69.14% (80% limit), down compared to the previous year (69.49%);
- debt limit (Legislative Decree no. 49 of 29 March 2012, art. 7): 2.45% (10% attention limit) down compared to the previous year (2.64%);
- economic and financial sustainability index – ISEF (Legislative Decree no. 49 of 29 March 2012, art. 7): 1.17 (value greater than or equal to 1), up compared to the previous year (1.16).
The ratio between student contributions and FFO is 16.26% (limit 20%).
With regard to the use of the profit for the year, the Board of Administration has decided to allocate:
- €3,000,000 for the creation of a fund for investments to improve energy efficiency and the production of energy from renewable sources;
- €1,000,000 for the creation of a fund to support the development of shared and accessible research infrastructures;
- 500,000 euros for the creation of a fund intended to encourage the strengthening and support of the Lifelong learning degree courses;
- €500,000 for the creation of a fund to support the appropriate use of artificial intelligence tools;
- €3,316,009 allocated to capital strengthening in increase of free reserves, also taking into account that during the 2026 financial year the University drew on shareholders' equity for €12,990,440 to cover investment expenses.
Guidelines for the sustainable management of events of the University of Padova
The new Guidelines for the sustainable management of events have been adopted, a tool aimed at systematically integrating the principles of sustainability into the planning and implementation of institutional initiatives. The document was created as part of the 2023-2027 Strategic Piano and the Charter of Sustainability Commitments, following a process started in 2024 that led to the definition of a Management System compliant with the UNI ISO 20121:2024 standard. In 2025, the system was tested on different types of events, obtaining certification from the Bureau Veritas body: a milestone that makes the University the only Italian university currently certified in this area. The Guidelines provide concrete indications on environmental (logistics, materials, energy, waste) and social (inclusion, gender equality, labor protection) aspects, promoting a shared culture of sustainability.
Student fees, exemptions and incentives for the A.Y.. 2026/2027
For the 2026/2027 academic year, the contribution system maintains a substantially unchanged approach, ensuring continuity and introducing interventions aimed at strengthening equity and accessibility.
The previous division of contributions into two groups of courses of study (A and B) has been reconfirmed, with the exemption from the payment of contributions for students with an ISEE of up to 30,000 euros, and providing for concessions on contributions up to 70,000 euros of ISEE, a threshold beyond which the full rate of 2,790 euros for humanities courses applies, group A, and 2,990 euros for scientific courses and primary education sciences, Group B).
The main facilitation measures include the following:
- confirmation of the No-Tax Area with total exemption for ISEE up to 30,000 euros and introduction of a new exemption for sons and daughters of victims of duty, terrorism and massacres;
- enhancement of the concessions for the medium brackets (ISEE between 30,000 and 50,000 euros), with reductions of up to 150 euros according to criteria of inverse proportionality in the reference range;
- confirmation of the conditions for international students, with unchanged contributions and 100 total exemptions for courses taught in English;
- maintenance of the facilities for scientific degrees, syllabus "Double student-athlete career" and protocol "PA 110 cum laude";
- continuation of the differentiated instalment plan for freshmen, in order to facilitate the calculation based on the actual ISEE.
Allocation of funds for tutoring allowances for the A.Y. 2026/2027
As part of the strengthening of services for students, the University allocates a total of 682,503 euros for tutoring and teaching support activities. Against a ministerial quota (FFO 2025) of 502,503 euros, the University integrates 180,000 euros of own funds to ensure the highest quality of services.
Among the main features of the intervention:
- allocation criterion based on the number of students enrolled in the first year (new career start-ups as of 10 March 2026);
- financing of information, didactic-integrative, preparatory and remedial tutoring activities;
- activation of contracts aimed at master's and PhD students;
- additional allocation for transversal projects aimed at improving teaching.
The calls for the assignment of the assignments will be published by June 2026.
Audit Register: analysis of the results and status of the Internal Control System
The University takes a decisive step towards integrated risk management with the preparation of the Final Balance of the Register of Controls. The document, based on a systematic mapping of internal regulations, is configured as a strategic tool aimed at ensuring accountability and transparency of academic and administrative processes.
The system is divided into three levels of controls: the first level, internal to the process, the second level, external to the process and the third level or audit. The analysis shows that 76% of the processes are currently monitored, with both formal control measures and integrated into operational flows.
The mapping phase represents the basis for the future planning of the audit plan, with particular attention to areas not yet covered by external controls or with greater exposure to risk. Among the priorities already identified by the Control Committee are the management of missions, procedures for purchases below the threshold.
For further decisions taken by the Board of Administration, please refer to the report.