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College endowments dropped in fiscal year 2022

Confessions of a Community College Dean

NACUBO also found that colleges increased their endowment spending, with dollars increasingly flowing toward institutional operating budgets, largely focused on student financial aid. Even as endowment returns dipped, colleges tapped those assets to fund their needs. The median percentage of budgets funded by endowments was 5.3

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Tennessee State cites past underfunding as cause of problems

Confessions of a Community College Dean

At stake is local control of an institution in a state that has admitted to years of inequitable funding for its only public historically Black college. A previous legislative report found between $150 and $544 million in unpaid land-grant funds should have gone to the university from fiscal years 1957 through 2007.