Why is endowment a high priority in the campaign?
Endowment is the gift which gives forever. The principal remains intact while the earned income is used to provide student scholarships and programs, faculty/staff support, and project and program funding. Endowment funds make up a significant portion of the budget for many private universities and colleges, and they are often roughly equivalent to state appropriations of public institutions. Increasingly, public universities also have large, growing endowments that can help to close the gap between declining state appropriations and growing needs and aspirations. The average endowment per student at Sam Houston State University is about $1,600. A look at the top public and private universities reveals that the average endowment per student at public universities is $24,000 and $469,000 at private universities.
Related Questions
- If UT’s endowment has topped $ 1 billion and we’ve set our sights on a large goal, how will the campaign impact our need for tuition?
- What is the status of the Outreach Endowment that was part of the Jubilee Capital Campaign?
- Do offers that exclude requests for repairs or terminate receive high priority?
