With the continuous expansion of the universities in China, the gradually growing of limited higher education resources cannot meet the increased demand of contemporary teachers and students in China. Therefore, in this paper, the author analyzed the utilization and allocation of existing education resources in universities based on educational cost and benefit. Moreover, the author selected 11 schools of Qufu Normal University as an individual case. The data envelopment analysis (DEA) model was built according to the data on input (cost) and output (benefit) of educational resources of these 11 schools during 2016. After that, cost-benefit analysis of calculation result was conducted to provide reference for optimal allocation of established educational resources.