The term endowment is used to describe a cluster of assets invested by a university or college to support its educational and research mission in continuity. Endowment is one of the many factors that contribute to the success of a university. The larger the endowment funds, the bigger money that can be assigned to research, scholarships and other costs.
The world’s most prosperous colleges and universities are a group of elite institutions with a high level of research funding and endowment funds. The finest schools in the world have to have first-class academics, an excellent student experience, and a good distinction.
The US is base to the larger part of the world’s wealthiest colleges, with the Harvard University ranking the 1st place, followed by Yale University in 2nd place, Stanford University in 3rd place, and Columbia University in 4th place.
The finest schools with the largest endowment funds are the ones that offer an excellent education, and also offers a lot of financial aid to aid students from all backgrounds attain their career choices. These university institutions proffer many career opportunities for their students to not only succeed in their studies, but also in life after college. The most outstanding example of this university institution is the Harvard University. It is one of the wealthiest universities in America, with an endowment worth over $37 billion. It is also one of the oldest and most prestigious schools in the country.
The Harvard University > $36 billion USD > $150k USD per student:
The Harvard University is an American private Ivy League research university in Cambridge, Massachusetts.
It is the oldest institution of higher learning in the United States of America.
The Harvard University is one of the world’s wealthiest university. It has a total undergraduate enrollment of 20,700 and total graduate enrollment of 11,700. The tuition fees for undergraduate students are $45k USD per year and for graduate students are $150k USD per year.
The Harvard University has a total endowment of $36.7 billion and has produced many notable alumni including 8 U.S presidents and numerous Nobel laureates.
For centuries, the Harvard University has been the most prestigious university in the world. It is also one of the riches and oldest universities in the United States of America.
Yale University is a private Ivy League research university in New Haven, Connecticut. It is one of the eight universities in the Ivy League. It is the third oldest institution of higher education in the United States and one of the nine Colonial Colleges founded before the American Revolution. The university has been one of America’s top universities for over 200 years and it is ranked as one of the world’s best universities.
The Yale University has an endowment of about $25.8 billion USD, making it the second richest university in the United States of America and also 12th richest in the world. It has a total revenue of $3.7 million USD per student, which is more than any other research university in the United States of America.
Stanford University is a private research university in Stanford, California. It is the oldest and most prestigious institution of higher learning in Silicon Valley. It is also one of the wealthiest universities in the world, with an endowment of $24.7 billion.
As one of the world’s leading teaching and research universities, the Stanford university has made a world wide impact in areas such as computer science, engineering, medicine, law, arts and humanities. The university’s endowment was valued at $22 billion as of October 2018. In fiscal year 2017-2018 it had an annual operating budget of $5 million USD per student.
The New York University is the largest private, non- profit university in the US. It was founded in the year 1831 and its focal campus is based in New York City.
The school has a total of 25,000 students enrolled and it has 12 schools and colleges. The New York University endowment stands at $3.4 billion USD as of 2017, making it one of the most prosperous universities in the United States of America.
The New York University tuition costs range from $55,000 to $220,000 USD for undergraduate students and from $63,000 to $250,000 for graduate students per year. The average cost per student is about 131 thousand USD per year which is lower than most Ivy League Schools with an average cost per student of about 240 thousand USD per year.
The Princeton University has been awarded a 10 billion GBP grant by the UK government. The university will be using the funding to build a new campus in Singapore and also to put up a research center in Beijing. The project duration is expected to take about ten years.
As leading university in England, it will be spending £1.3bn to set up a new campus in Singapore and to set up a research center in Beijing. The project will take about ten years and is expected to create 3,000 jobs. The Dubai Future Accelerators Programme is a ten year-long programme with the goal of developing disruptive technologies, innovations and future businesses. It will avail about 3,000 jobs in a one year.
Pomona College is a private liberal arts college in Claremont, California. It was founded in 1887 as an alternative to the Presbyterian-founded University of Southern California. The school became co-educational in 1926 and presently one of the most outstanding colleges in America.
The Pomona College endowment has expanded for over 100 years, but not without obstacles. In 1979, the value of the endowment dropped from $152 million to $38 million, which was due to a combination of inflation and poor investments. However, by 1999, the value had increased back up to $150 million.
With a total endowment of $1.8 billion, Swarthmore College is among the wealthiest institutions of higher education in the world.
The endowment has been an focal part of the college’s financial strategy since its inception in 1864, and it has expanded to become one of the largest endowments per student in the world.
In the past few years, the Swarthmore College has been able to secure a larger endowment than most other schools. The endowment is now worth $2.5 billion, which is more than some countries. Reason for this huge endowment is due to the fact that the Swarthmore College has a huge per-student endowment i.e Each student at the school receives an average of $47,000 in scholarship money each year. This large per-student endowment allows the school to offer scholarships and still maintain a normalized budget.
A student-to-endowment ratio is a statistics used in college finance to measure the number of students at a college or university for every dollar of endowment.
The following below are some few captivating data points on the student-to-endowment ratio:
The apex two schools with the highest student-to-endowment ratio are Harvard College and Princeton University.
The average endowment per full time student is $600,000.
The average student-to-endowment ratio is approximately 3:1.