Editing University of Waterloo (section)

=== Finances ===
The university completed the 2014–2015 academic year with revenues of $936.240 million and expenses of $906.730 million, yielding a surplus of $29.510 million.<ref name="UWFin">{{cite web|title=University of Waterloo Financial Statements|url=https://uwaterloo.ca/finance/sites/ca.finance/files/uploads/files/april_30_2015_financial_statements_2.pdf|date=30 April 2015|publisher=University of Waterloo|access-date=13 December 2015|archive-date=22 December 2015|archive-url=https://web.archive.org/web/20151222103700/https://uwaterloo.ca/finance/sites/ca.finance/files/uploads/files/april_30_2015_financial_statements_2.pdf|url-status=dead}}</ref> Grants and contracts make up the largest source of revenue for the university, totaling $392.357 million, followed by academic fees at $357.889 million. Salaries make up nearly half of the university's expenses, at $439.973 million.<ref name="UWFin" /> As of 30 April 2015, the university's endowment is valued at $335.731 million.<ref name="UWFin" />