Endowment Assets per Student, 2014-15
In 2014-15, the 10% of students enrolled at private nonprofit four-year institutions with the highest endowments per student benefited from endowment assets averaging $840,600 per full-time equivalent (FTE) student, compared with a median of $33,200 for the sector as a whole.
Figure 16A: Endowment Assets per Full-Time Equivalent (FTE) Student at Four-Year Colleges and Universities by Decile, 2014-15
Notes & Sources
NOTES: Endowment values are as of the end of FY15 based on data for 511 public and 1,022 private nonprofit four-year institutions. Average endowment per student by decile is calculated by ordering institutions by assets per student and dividing students in the sector into deciles. Total assets in institutions enrolling 10% of students are divided by the number of students in those schools.
SOURCES: NCES, IPEDS 2015 Finance data; calculations by the authors.
- In recent years, institutions have been spending about 4% of the value of their endowments. With a 4% spending rate, the median private college endowment of $33,200 per FTE student yields about $1,300 a year in funding per student, compared with $33,600 per student at the institutions in the top decile.
- In 2014-15, the 10% of students enrolled at public institutions with the highest endowments per student benefited from endowment assets averaging $103,100 per FTE student, compared with a median of $8,700 for the sector as a whole.
- With a 4% spending rate, the median public college endowment yields about $350 a year in funding per student, compared with $4,100 at the public institutions in the top decile.