Administration Banking Community College Student Financial Aid 
Confessions of a Community College Dean
FEBRUARY 17, 2023
The average return for all college endowments in fiscal 2022 was negative 8 percent, falling far short of the 30.6 NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid.
Robert Kelchen
JUNE 15, 2023
Public Administration Review, 78 (4), 626-639. link ) University of Tennessee System’s FY2023 budget: [link] University of Tennessee System’s FY2022 annual financial report: [link] UTK’s Budget Allocation Model website: [link] Higher education expenditures Archibald, R. Journal of Student Financial Aid, 48 (3), Article 4.
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