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</a> <ul id="toc-Taxes-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Endowments_greater_than_$1_billion" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Endowments_greater_than_$1_billion"> <div class="vector-toc-text"> 2 Endowments greater than $1 billion </div> </a> <button aria-controls="toc-Endowments_greater_than_$1_billion-sublist" class="cdx-button cdx-button--weight-quiet cdx-button--icon-only vector-toc-toggle"> Toggle Endowments greater than $1 billion subsection </button> <ul id="toc-Endowments_greater_than_$1_billion-sublist" class="vector-toc-list"> <li id="toc-Private_schools" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Private_schools"> <div class="vector-toc-text"> 2.1 Private schools </div> </a> <ul id="toc-Private_schools-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Public_schools" class="vector-toc-list-item vector-toc-level-2"> <a class="vector-toc-link" href="#Public_schools"> <div class="vector-toc-text"> 2.2 Public schools </div> </a> <ul id="toc-Public_schools-sublist" class="vector-toc-list"> </ul> </li> </ul> </li> <li id="toc-Endowments_per_student_greater_than_$1_million" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#Endowments_per_student_greater_than_$1_million"> <div class="vector-toc-text"> 3 Endowments per student greater than $1 million </div> </a> <ul id="toc-Endowments_per_student_greater_than_$1_million-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-See_also" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a class="vector-toc-link" href="#See_also"> <div class="vector-toc-text"> 4 See also </div> </a> <ul id="toc-See_also-sublist" class="vector-toc-list"> </ul> </li> <li id="toc-Notes" class="vector-toc-list-item vector-toc-level-1 vector-toc-list-item-expanded"> <a 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</div> </div> </div> </div> </div> </nav> </div> </div> </div> <div class="vector-column-end"> <div class="vector-sticky-pinned-container"> <nav class="vector-page-tools-landmark" aria-label="Page tools"> <div id="vector-page-tools-pinned-container" class="vector-pinned-container"> </div> </nav> <nav class="vector-appearance-landmark" aria-label="Appearance"> <div id="vector-appearance-pinned-container" class="vector-pinned-container"> <div id="vector-appearance" class="vector-appearance vector-pinnable-element"> <div class="vector-pinnable-header vector-appearance-pinnable-header vector-pinnable-header-pinned" data-feature-name="appearance-pinned" data-pinnable-element-id="vector-appearance" data-pinned-container-id="vector-appearance-pinned-container" data-unpinned-container-id="vector-appearance-unpinned-container" > <div class="vector-pinnable-header-label">Appearance</div> <button class="vector-pinnable-header-toggle-button vector-pinnable-header-pin-button" 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height="174" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Widener_Library.jpg/390px-Widener_Library.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/6/6c/Widener_Library.jpg/520px-Widener_Library.jpg 2x" data-file-width="1500" data-file-height="1002" /></a><figcaption><a href="/wiki/Harvard_University" title="Harvard University">Harvard University</a>, with a $51.977 billion endowment as of FY2024<a class="external text" href="https://en.wikipedia.org/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit">[update]</a>, is the wealthiest university in the world.</figcaption></figure> Many colleges and universities in the United States maintain a <a href="/wiki/Financial_endowment" title="Financial endowment">financial endowment</a> consisting of <a href="/wiki/Asset" title="Asset">assets</a> that are invested in <a href="/wiki/Security_(finance)" title="Security (finance)">financial securities</a>, <a href="/wiki/Real_estate" title="Real estate">real estate</a>, and other instruments. The investment yields a <a href="/wiki/Return_on_investment" title="Return on investment">return</a> that funds a portion of an institution's <a href="/wiki/Operating_expense" title="Operating expense">operational expenses</a> while the principal exists in <a href="/wiki/Perpetuity" title="Perpetuity">perpetuity</a>. U.S. colleges and universities maintain some of the largest endowments in the world and <a href="/wiki/Lists_of_institutions_of_higher_education_by_endowment_size" title="Lists of institutions of higher education by endowment size">make up the vast majority</a> of higher education institutions with endowments greater than $1 billion. The National Association of College and University Business Officers (NACUBO) maintains information on endowments at U.S. higher education institutions by <a href="/wiki/Fiscal_year" title="Fiscal year">fiscal year</a> (FY).<a href="#cite_note-NACUBOhistoric-1">[1]</a> As of FY2024<a class="external text" href="https://en.wikipedia.org/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit">[update]</a>, the total endowment market value of U.S. institutions stood at $837.720 billion, with an average across all institutions of $1.322 billion and a median of $244.426 million.<a href="#cite_note-NACUBOtotal-2">[2]</a><a href="#cite_note-NACUBO-3">[3]</a> <meta property="mw:PageProp/toc" /> <div class="mw-heading mw-heading2"><h2 id="Enhancements_and_levies">Enhancements and levies</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=1" title="Edit section: Enhancements and levies">edit</a>]</div> The tabulated data below are from NACUBO. Some universities benefit from endowments that are not under their direct control but which are nonetheless dedicated to the welfare of one or several institutions. Examples of these foundations include <a href="/wiki/The_Duke_Endowment" title="The Duke Endowment">The Duke Endowment</a>, the <a href="/wiki/Robert_A._Welch_Foundation" title="Robert A. Welch Foundation">Robert A. Welch Foundation</a>, and the <a href="/wiki/Roy_J._Carver_Charitable_Trust" title="Roy J. Carver Charitable Trust">Roy J. Carver Charitable Trust</a>. <div class="mw-heading mw-heading3"><h3 id="Taxes">Taxes</h3>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=2" title="Edit section: Taxes">edit</a>]</div> In 2017, a federal <a href="/wiki/Endowment_tax" title="Endowment tax">endowment tax</a> was enacted in the <a href="/wiki/Tax_Cuts_and_Jobs_Act_of_2017" class="mw-redirect" title="Tax Cuts and Jobs Act of 2017">Tax Cuts and Jobs Act of 2017</a> in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and <a href="/wiki/Net_assets" class="mw-redirect" title="Net assets">net assets</a> of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time. $244M in taxes was raised from 58 institutions in 2022.<a href="#cite_note-EndowmentTax-4">[4]</a><a href="#cite_note-EndowmentTax2-5">[5]</a> The endowment tax provision of the Tax Cuts and Jobs Act has been criticized as funding tax breaks for corporations and the wealthy at the expense of education. Critics note that the tax could threaten financial aid for low-income students, stifle social mobility, and obstruct life-saving research.<a href="#cite_note-TaxOpinion-6">[6]</a><a href="#cite_note-TaxOpinion2-7">[7]</a><a href="#cite_note-TaxOpinion3-8">[8]</a> Lobbyists representing wealthy private universities continue to advocate for its repeal.<a href="#cite_note-TaxRepeal-9">[9]</a><a href="#cite_note-TaxRepeal2-10">[10]</a> The Don't Tax Higher Education Act, which would repeal the endowment tax, was introduced in the <a href="/wiki/115th_United_States_Congress" title="115th United States Congress">115th United States Congress</a>,<a href="#cite_note-TaxRepeal115th-11">[11]</a> <a href="/wiki/116th_United_States_Congress" title="116th United States Congress">116th United States Congress</a>,<a href="#cite_note-TaxRepeal116th-12">[12]</a> and <a href="/wiki/117th_United_States_Congress" title="117th United States Congress">117th United States Congress</a><a href="#cite_note-TaxRepeal117th-13">[13]</a> but failed in the <a href="/wiki/United_States_House_Committee_on_Ways_and_Means" title="United States House Committee on Ways and Means">Ways and Means Committee</a> each time. <div class="mw-heading mw-heading2"><h2 id="Endowments_greater_than_$1_billion">Endowments greater than $1 billion</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=3" title="Edit section: Endowments greater than $1 billion">edit</a>]</div> <div class="mw-heading mw-heading3"><h3 id="Private_schools">Private schools</h3>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=4" title="Edit section: Private schools">edit</a>]</div> <style data-mw-deduplicate="TemplateStyles:r1275448275">.mw-parser-output .defaultleft{text-align:left}.mw-parser-output .defaultcenter{text-align:center}.mw-parser-output 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td:nth-child(26),.mw-parser-output .col27right td:nth-child(27),.mw-parser-output .col28right td:nth-child(28),.mw-parser-output .col29right td:nth-child(29){text-align:right}</style> <table class="wikitable sortable col5right col6right col7right col8right"> <tbody><tr> <th colspan="2" scope="colgroup" class="unsortable">Rank</th> <th rowspan="2" scope="col">Institution</th> <th rowspan="2" scope="col">State</th> <th rowspan="2" scope="col">Endowment<a href="#cite_note-NACUBO-3">[3]</a> (billions <a href="/wiki/United_States_dollar" title="United States dollar">USD</a> – FY2024)</th> <th colspan="3" scope="colgroup" class="unsortable">Change </th></tr> <tr> <th scope="col">Private </th> <th scope="col">Overall </th> <th scope="col">1‑year<a href="#cite_note-NACUBO-3">[3]</a> </th> <th scope="col">5‑year<a href="#cite_note-NACUBO5Yr-14">[14]</a> </th> <th scope="col">10‑year<a href="#cite_note-NACUBO10Yr-15">[15]</a> </th></tr> <tr> <td>1</td> <td>1</td> <td><a href="/wiki/Harvard_University" title="Harvard University">Harvard University</a></td> <td>Massachusetts</td> <td>$51.977</td> <td>+5.0%</td> <td>+31.8%</td> <td>+44.8% </td></tr> <tr> <td>2</td> <td>3</td> <td><a href="/wiki/Yale_University" title="Yale University">Yale University</a></td> <td>Connecticut</td> <td>$41.442</td> <td>+1.7%</td> <td>+36.7%</td> <td>+73.4% </td></tr> <tr> <td>3</td> <td>4</td> <td><a href="/wiki/Stanford_University" title="Stanford University">Stanford University</a></td> <td>California</td> <td>$37.631</td> <td>+3.1%</td> <td>+35.9%</td> <td>+75.5% </td></tr> <tr> <td>4</td> <td>5</td> <td><a href="/wiki/Princeton_University" title="Princeton University">Princeton University</a></td> <td>New Jersey</td> <td>$34.052</td> <td>0.0%</td> <td>+30.4%</td> <td>+62.2% </td></tr> <tr> <td>5</td> <td>6</td> <td><a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a></td> <td>Massachusetts</td> <td>$24.573</td> <td>+4.8%</td> <td>+39.9%</td> <td>+97.8% </td></tr> <tr> <td>6</td> <td>7</td> <td><a href="/wiki/University_of_Pennsylvania" title="University of Pennsylvania">University of Pennsylvania</a></td> <td>Pennsylvania</td> <td>$22.348</td> <td>+6.6%</td> <td>+52.5%</td> <td>+133.2% </td></tr> <tr> <td>7</td> <td>11</td> <td><a href="/wiki/University_of_Notre_Dame" title="University of Notre Dame">University of Notre Dame</a></td> <td>Indiana</td> <td>$17.897</td> <td>+7.7%</td> <td>+58.8%</td> <td>+122.6% </td></tr> <tr> <td>8</td> <td>12</td> <td><a href="/wiki/Columbia_University" title="Columbia University">Columbia University</a></td> <td>New York</td> <td>$14.782</td> <td>+8.4%</td> <td>+35.0%</td> <td>+60.3% </td></tr> <tr> <td>9</td> <td>13</td> <td><a href="/wiki/Northwestern_University" title="Northwestern University">Northwestern University</a></td> <td>Illinois</td> <td>$14.210</td> <td>+3.7%</td> <td>+28.1%</td> <td>+45.3% </td></tr> <tr> <td>10</td> <td>14</td> <td><a href="/wiki/Johns_Hopkins_University" title="Johns Hopkins University">Johns Hopkins University</a></td> <td>Maryland</td> <td>$13.063</td> <td>+24.0%</td> <td>+108.1%</td> <td>+278.4% </td></tr> <tr> <td>11</td> <td>15</td> <td><a href="/wiki/Washington_University_in_St._Louis" title="Washington University in St. Louis">Washington University in St. Louis</a></td> <td>Missouri</td> <td>$11.981</td> <td>+4.5%</td> <td>+50.6%</td> <td>+80.4% </td></tr> <tr> <td>12</td> <td>16</td> <td><a href="/wiki/Duke_University" title="Duke University">Duke University</a></td> <td>North Carolina</td> <td>$11.890</td> <td>+16.1%</td> <td>+38.1%</td> <td>+69.0% </td></tr> <tr> <td>13</td> <td>17</td> <td><a href="/wiki/Emory_University" title="Emory University">Emory University</a></td> <td>Georgia</td> <td>$11.044</td> <td>+7.8%</td> <td>+40.3%</td> <td>+65.3% </td></tr> <tr> <td>14</td> <td>18</td> <td><a href="/wiki/Cornell_University" title="Cornell University">Cornell University</a></td> <td>New York</td> <td>$10.658</td> <td>+6.2%</td> <td>+45.4%</td> <td>+81.0% </td></tr> <tr> <td>15</td> <td>19</td> <td><a href="/wiki/Vanderbilt_University" title="Vanderbilt University">Vanderbilt University</a></td> <td>Tennessee</td> <td>$10.248</td> <td>+5.8%</td> <td>+63.4%</td> <td>+150.8% </td></tr> <tr> <td>16</td> <td>21</td> <td><a href="/wiki/University_of_Chicago" title="University of Chicago">University of Chicago</a></td> <td>Illinois</td> <td>$10.105</td> <td>+2.4%</td> <td>+22.3%</td> <td>+33.9% </td></tr> <tr> <td>17</td> <td>22</td> <td><a href="/wiki/Dartmouth_College" title="Dartmouth College">Dartmouth College</a></td> <td>New Hampshire</td> <td>$8.273</td> <td>+4.3%</td> <td>+44.4%</td> <td>+85.2% </td></tr> <tr> <td>18</td> <td>23</td> <td><a href="/wiki/University_of_Southern_California" title="University of Southern California">University of Southern California</a></td> <td>California</td> <td>$8.145</td> <td>+9.1%</td> <td>+42.1%</td> <td>+77.3% </td></tr> <tr> <td>19</td> <td>24</td> <td><a href="/wiki/Rice_University" title="Rice University">Rice University</a></td> <td>Texas</td> <td>$8.066</td> <td>+11.4%</td> <td>+24.5%</td> <td>+45.9% </td></tr> <tr> <td>20</td> <td>26</td> <td><a href="/wiki/Brown_University" title="Brown University">Brown University</a></td> <td>Rhode Island</td> <td>$6.719</td> <td>+8.3%</td> <td>+69.0%</td> <td>+124.0% </td></tr> <tr> <td>21</td> <td>27</td> <td><a href="/wiki/New_York_University" title="New York University">New York University</a></td> <td>New York</td> <td>$6.546</td> <td>+11.4%</td> <td>+50.6%</td> <td>+91.2% </td></tr> <tr> <td>22</td> <td>34</td> <td><a href="/wiki/California_Institute_of_Technology" title="California Institute of Technology">California Institute of Technology</a></td> <td>California</td> <td>$4.145</td> <td>+13.1%</td> <td>+39.3%</td> <td>+98.0% </td></tr> <tr> <td>23</td> <td>36</td> <td><a href="/wiki/Carnegie_Mellon_University" title="Carnegie Mellon University">Carnegie Mellon University</a></td> <td>Pennsylvania</td> <td>$3.997</td> <td>+2.8%</td> <td>+57.2%</td> <td>+149.8% </td></tr> <tr> <td>24</td> <td>38</td> <td><a href="/wiki/Boston_College" title="Boston College">Boston College</a></td> <td>Massachusetts</td> <td>$3.778</td> <td>+9.2%</td> <td>+49.7%</td> <td>+77.2% </td></tr> <tr> <td>25</td> <td>40</td> <td><a href="/wiki/Williams_College" title="Williams College">Williams College</a></td> <td>Massachusetts</td> <td>$3.656</td> <td>+4.8%</td> <td>+26.5%</td> <td>+62.2% </td></tr> <tr> <td>26</td> <td>41</td> <td><a href="/wiki/Georgetown_University" title="Georgetown University">Georgetown University</a></td> <td>District of Columbia</td> <td>$3.638</td> <td>+10.3%</td> <td>+99.6%</td> <td>+149.0% </td></tr> <tr> <td>27</td> <td>42</td> <td><a href="/wiki/Amherst_College" title="Amherst College">Amherst College</a></td> <td>Massachusetts</td> <td>$3.550</td> <td>+6.2%</td> <td>+43.5%</td> <td>+65.2% </td></tr> <tr> <td>28</td> <td>43</td> <td><a href="/wiki/Boston_University" title="Boston University">Boston University</a></td> <td>Massachusetts</td> <td>$3.537</td> <td>+13.0%</td> <td>+53.5%</td> <td>+118.9% </td></tr> <tr> <td>29</td> <td>45</td> <td><a href="/wiki/University_of_Richmond" title="University of Richmond">University of Richmond</a></td> <td>Virginia</td> <td>$3.245</td> <td>+3.0%</td> <td>+28.9%</td> <td>+40.3% </td></tr> <tr> <td>30</td> <td>48</td> <td><a href="/wiki/Wellesley_College" title="Wellesley College">Wellesley College</a></td> <td>Massachusetts</td> <td>$3.005</td> <td>+4.0%</td> <td>+38.3%</td> <td>+66.2% </td></tr> <tr> <td>31</td> <td>49</td> <td><a href="/wiki/Pomona_College" title="Pomona College">Pomona College</a></td> <td>California</td> <td>$2.992</td> <td>+7.7%</td> <td>+28.7%</td> <td>+42.4% </td></tr> <tr> <td>32</td> <td>50</td> <td><a href="/wiki/University_of_Rochester" title="University of Rochester">University of Rochester</a></td> <td>New York</td> <td>$2.989</td> <td>+5.9%</td> <td>+33.5%</td> <td>+48.3% </td></tr> <tr> <td>33</td> <td>54</td> <td><a href="/wiki/Swarthmore_College" title="Swarthmore College">Swarthmore College</a></td> <td>Pennsylvania</td> <td>$2.728</td> <td>+0.3%</td> <td>+28.0%</td> <td>+45.4% </td></tr> <tr> <td>34</td> <td>55</td> <td><a href="/wiki/Texas_Christian_University" title="Texas Christian University">Texas Christian University</a></td> <td>Texas</td> <td>$2.676</td> <td>+3.8%</td> <td>+56.6%</td> <td>+85.5% </td></tr> <tr> <td>35</td> <td>56</td> <td><a href="/wiki/Grinnell_College" title="Grinnell College">Grinnell College</a></td> <td>Iowa</td> <td>$2.671</td> <td>+6.6%</td> <td>+29.0%</td> <td>+46.0% </td></tr> <tr> <td>36</td> <td>57</td> <td><a href="/wiki/George_Washington_University" title="George Washington University">George Washington University</a></td> <td>District of Columbia</td> <td>$2.640</td> <td>+4.6%</td> <td>+48.4%</td> <td>+67.4% </td></tr> <tr> <td>37</td> <td>58</td> <td><a href="/wiki/Bowdoin_College" title="Bowdoin College">Bowdoin College</a></td> <td>Maine</td> <td>$2.582</td> <td>+6.5%</td> <td>+48.1%</td> <td>+112.3% </td></tr> <tr> <td>38</td> <td>59</td> <td><a href="/wiki/Smith_College" title="Smith College">Smith College</a></td> <td>Massachusetts</td> <td>$2.564</td> <td>+3.8%</td> <td>+34.0%</td> <td>+46.0% </td></tr> <tr> <td>39</td> <td>60</td> <td><a href="/wiki/Tufts_University" title="Tufts University">Tufts University</a></td> <td>Massachusetts</td> <td>$2.534</td> <td>+5.3%</td> <td>+35.6%</td> <td>+59.4% </td></tr> <tr> <td>40</td> <td>64</td> <td><a href="/wiki/Rockefeller_University" title="Rockefeller University">Rockefeller University</a></td> <td>New York</td> <td>$2.420</td> <td>+2.3%</td> <td>+5.5%</td> <td>+21.9% </td></tr> <tr> <td>41</td> <td>66</td> <td><a href="/wiki/Case_Western_Reserve_University" title="Case Western Reserve University">Case Western Reserve University</a></td> <td>Ohio</td> <td>$2.397</td> <td>+6.0%</td> <td>+28.4%</td> <td>+36.3% </td></tr> <tr> <td>42</td> <td>69</td> <td><a href="/wiki/Tulane_University" title="Tulane University">Tulane University</a></td> <td>Louisiana</td> <td>$2.274</td> <td>+7.9%</td> <td>+59.1%</td> <td>+92.1% </td></tr> <tr> <td>43</td> <td>73</td> <td><a href="/wiki/Southern_Methodist_University" title="Southern Methodist University">Southern Methodist University</a></td> <td>Texas</td> <td>$2.122</td> <td>+4.0%</td> <td>+27.5%</td> <td>+44.7% </td></tr> <tr> <td>44</td> <td>74</td> <td><a href="/wiki/Syracuse_University" title="Syracuse University">Syracuse University</a></td> <td>New York</td> <td>$2.097</td> <td>+10.5%</td> <td>+50.6%</td> <td>+77.3% </td></tr> <tr> <td>45</td> <td>75</td> <td><a href="/wiki/Baylor_University" title="Baylor University">Baylor University</a></td> <td>Texas</td> <td>$2.094</td> <td>+6.5%</td> <td>+56.3%</td> <td>+81.5% </td></tr> <tr> <td>46</td> <td>77</td> <td><a href="/wiki/Washington_and_Lee_University" title="Washington and Lee University">Washington and Lee University</a></td> <td>Virginia</td> <td>$2.043</td> <td>+3.5%</td> <td>+21.9%</td> <td>+38.2% </td></tr> <tr> <td>47</td> <td>78</td> <td><a href="/wiki/Wake_Forest_University" title="Wake Forest University">Wake Forest University</a></td> <td>North Carolina</td> <td>$1.997</td> <td>+5.1%</td> <td>+45.2%</td> <td>+74.0% </td></tr> <tr> <td>48</td> <td>81</td> <td><a href="/wiki/University_of_Delaware" title="University of Delaware">University of Delaware</a><a href="#cite_note-Delaware-16">[a]</a></td> <td>Delaware</td> <td>$1.930</td> <td>+6.0%</td> <td>+31.6%</td> <td>+47.3% </td></tr> <tr> <td>49</td> <td>82</td> <td><a href="/wiki/Saint_Louis_University" title="Saint Louis University">Saint Louis University</a></td> <td>Missouri</td> <td>$1.879</td> <td>+8.6%</td> <td>+50.0%</td> <td>+74.5% </td></tr> <tr> <td>50</td> <td>83</td> <td><a href="/wiki/Lehigh_University" title="Lehigh University">Lehigh University</a></td> <td>Pennsylvania</td> <td>$1.873</td> <td>+6.6%</td> <td>+32.7%</td> <td>+54.0% </td></tr> <tr> <td>51</td> <td>85</td> <td><a href="/wiki/Trinity_University_(Texas)" title="Trinity University (Texas)">Trinity University</a></td> <td>Texas</td> <td>$1.834</td> <td>+10.9%</td> <td>+43.2%</td> <td>+55.4% </td></tr> <tr> <td>52</td> <td>86</td> <td><a href="/wiki/Medical_College_of_Wisconsin" title="Medical College of Wisconsin">Medical College of Wisconsin</a></td> <td>Wisconsin</td> <td>$1.798</td> <td>+9.7%</td> <td>+91.7%</td> <td>+140.1% </td></tr> <tr> <td>53</td> <td>91</td> <td><a href="/wiki/Berea_College" title="Berea College">Berea College</a></td> <td>Kentucky</td> <td>$1.649</td> <td>+9.3%</td> <td>+35.3%</td> <td>+45.0% </td></tr> <tr> <td>54</td> <td>92</td> <td><a href="/wiki/Middlebury_College" title="Middlebury College">Middlebury College</a></td> <td>Vermont</td> <td>$1.598</td> <td>+8.8%</td> <td>+38.0%</td> <td>+47.7% </td></tr> <tr> <td>55</td> <td>94</td> <td><a href="/wiki/University_of_Miami" title="University of Miami">University of Miami</a></td> <td>Florida</td> <td>$1.590</td> <td>+16.4%</td> <td>+59.4%</td> <td>+83.7% </td></tr> <tr> <td>56</td> <td>96</td> <td><a href="/wiki/Wesleyan_University" title="Wesleyan University">Wesleyan University</a></td> <td>Connecticut</td> <td>$1.583</td> <td>+6.8%</td> <td>+57.6%</td> <td>+106.1% </td></tr> <tr> <td>57</td> <td>97</td> <td><a href="/wiki/Santa_Clara_University" title="Santa Clara University">Santa Clara University</a></td> <td>California</td> <td>$1.555</td> <td>+5.2%</td> <td>+52.5%</td> <td>+77.7% </td></tr> <tr> <td>58</td> <td>100</td> <td><a href="/wiki/Baylor_College_of_Medicine" title="Baylor College of Medicine">Baylor College of Medicine</a></td> <td>Texas</td> <td>$1.481</td> <td>+0.5%</td> <td>+13.9%</td> <td>+45.0% </td></tr> <tr> <td>59</td> <td>102</td> <td><a href="/wiki/Princeton_Theological_Seminary" title="Princeton Theological Seminary">Princeton Theological Seminary</a></td> <td>New Jersey</td> <td>$1.454</td> <td>+2.7%</td> <td>+28.9%</td> <td>+39.5% </td></tr> <tr> <td>60</td> <td>106</td> <td><a href="/wiki/Davidson_College" title="Davidson College">Davidson College</a></td> <td>North Carolina</td> <td>$1.375</td> <td>+4.0%</td> <td>+56.0%</td> <td>+111.7% </td></tr> <tr> <td>61</td> <td>107</td> <td><a href="/wiki/Rochester_Institute_of_Technology" title="Rochester Institute of Technology">Rochester Institute of Technology</a></td> <td>New York</td> <td>$1.373</td> <td>+7.7%</td> <td>+45.3%</td> <td>+82.4% </td></tr> <tr> <td>62</td> <td>108</td> <td><a href="/wiki/Berry_College" title="Berry College">Berry College</a></td> <td>Georgia</td> <td>$1.371</td> <td>+8.7%</td> <td>+29.5%</td> <td>+49.5% </td></tr> <tr> <td>63</td> <td>110</td> <td><a href="/wiki/Hamilton_College" title="Hamilton College">Hamilton College</a></td> <td>New York</td> <td>$1.362</td> <td>+6.2%</td> <td>+40.5%</td> <td>+58.5% </td></tr> <tr> <td>64</td> <td>111</td> <td><a href="/wiki/Loma_Linda_University" title="Loma Linda University">Loma Linda University</a></td> <td>California</td> <td>$1.346</td> <td>+3.1%</td> <td>+25.0%</td> <td>+170.1% </td></tr> <tr> <td>65</td> <td>112</td> <td><a href="/wiki/Villanova_University" title="Villanova University">Villanova University</a></td> <td>Pennsylvania</td> <td>$1.335</td> <td>+9.5%</td> <td>+74.1%</td> <td>+161.4% </td></tr> <tr> <td>66</td> <td>113</td> <td><a href="/wiki/Vassar_College" title="Vassar College">Vassar College</a></td> <td>New York</td> <td>$1.301</td> <td>+6.3%</td> <td>+16.4%</td> <td>+33.5% </td></tr> <tr> <td>67</td> <td>114</td> <td><a href="/wiki/Pepperdine_University" title="Pepperdine University">Pepperdine University</a></td> <td>California</td> <td>$1.296</td> <td>+10.8%</td> <td>+46.0%</td> <td>+64.3% </td></tr> <tr> <td>68</td> <td>115</td> <td><a href="/wiki/University_of_Tulsa" title="University of Tulsa">University of Tulsa</a></td> <td>Oklahoma</td> <td>$1.285</td> <td>+2.0%</td> <td>+15.3%</td> <td>+26.5% </td></tr> <tr> <td>69</td> <td>116</td> <td><a href="/wiki/Oberlin_College" title="Oberlin College">Oberlin College</a></td> <td>Ohio</td> <td>$1.270</td> <td>+6.0%</td> <td>+34.7%</td> <td>+55.7% </td></tr> <tr> <td>70</td> <td>117</td> <td><a href="/wiki/Brandeis_University" title="Brandeis University">Brandeis University</a></td> <td>Massachusetts</td> <td>$1.265</td> <td>+4.0%</td> <td>+17.8%</td> <td>+46.9% </td></tr> <tr> <td>71</td> <td>118</td> <td><a href="/wiki/Carleton_College" title="Carleton College">Carleton College</a></td> <td>Minnesota</td> <td>$1.255</td> <td>+7.1%</td> <td>+40.7%</td> <td>+58.4% </td></tr> <tr> <td>72</td> <td>120</td> <td><a href="/wiki/Bryn_Mawr_College" title="Bryn Mawr College">Bryn Mawr College</a></td> <td>Pennsylvania</td> <td>$1.247</td> <td>+6.7%</td> <td>+37.4%</td> <td>+46.1% </td></tr> <tr> <td>73</td> <td>121</td> <td><a href="/wiki/Claremont_McKenna_College" title="Claremont McKenna College">Claremont McKenna College</a></td> <td>California</td> <td>$1.240</td> <td>+10.4%</td> <td>+43.3%</td> <td>+77.3% </td></tr> <tr> <td>74</td> <td>124</td> <td><a href="/wiki/Bucknell_University" title="Bucknell University">Bucknell University</a></td> <td>Pennsylvania</td> <td>$1.167</td> <td>+7.3%</td> <td>+34.7%</td> <td>+55.4% </td></tr> <tr> <td>75</td> <td>125</td> <td><a href="/wiki/Colby_College" title="Colby College">Colby College</a></td> <td>Maine</td> <td>$1.160</td> <td>+3.9%</td> <td>+33.4%</td> <td>+56.6% </td></tr> <tr> <td>76</td> <td>127</td> <td><a href="/wiki/Lafayette_College" title="Lafayette College">Lafayette College</a></td> <td>Pennsylvania</td> <td>$1.125</td> <td>+6.9%</td> <td>+35.2%</td> <td>+40.5% </td></tr> <tr> <td>77</td> <td>129</td> <td><a href="/wiki/College_of_the_Holy_Cross" title="College of the Holy Cross">College of the Holy Cross</a></td> <td>Massachusetts</td> <td>$1.109</td> <td>+6.3%</td> <td>+41.2%</td> <td>+52.8% </td></tr> <tr> <td>78</td> <td>130</td> <td><a href="/wiki/Mount_Holyoke_College" title="Mount Holyoke College">Mount Holyoke College</a></td> <td>Massachusetts</td> <td>$1.102</td> <td>+6.3%</td> <td>+38.7%</td> <td>+55.1% </td></tr> <tr> <td>79</td> <td>131</td> <td><a href="/wiki/University_of_Denver" title="University of Denver">University of Denver</a></td> <td>Colorado</td> <td>$1.089</td> <td>+6.5%</td> <td>+38.5%</td> <td>+133.1% </td></tr> <tr> <td>80</td> <td>132</td> <td><a href="/wiki/Drexel_University" title="Drexel University">Drexel University</a></td> <td>Pennsylvania</td> <td>$1.069</td> <td>+10.7%</td> <td>+31.4%</td> <td>+62.0% </td></tr> <tr> <td>81</td> <td>133</td> <td><a href="/wiki/Loyola_University_Chicago" title="Loyola University Chicago">Loyola University Chicago</a></td> <td>Illinois</td> <td>$1.060</td> <td>+9.1%</td> <td>+53.1%</td> <td>+96.4% </td></tr> <tr> <td>82</td> <td>135</td> <td><a href="/wiki/American_University" title="American University">American University</a></td> <td>District of Columbia</td> <td>$1.051</td> <td>+7.6%</td> <td>+45.3%</td> <td>+85.6% </td></tr> <tr> <td>83</td> <td>137</td> <td><a href="/wiki/Denison_University" title="Denison University">Denison University</a></td> <td>Ohio</td> <td>$1.039</td> <td>+3.7%</td> <td>+18.4%</td> <td>+34.7% </td></tr> <tr> <td>84</td> <td>138</td> <td><a href="/wiki/Howard_University" title="Howard University">Howard University</a></td> <td>District of Columbia</td> <td>$1.032</td> <td>+11.4%</td> <td>+49.0%</td> <td>+76.2% </td></tr> <tr> <td>85</td> <td>140</td> <td><a href="/wiki/Fordham_University" title="Fordham University">Fordham University</a></td> <td>New York</td> <td>$1.025</td> <td>+4.8%</td> <td>+39.7%</td> <td>+51.8% </td></tr> <tr> <td>86</td> <td>141</td> <td><a href="/wiki/DePaul_University" title="DePaul University">DePaul University</a></td> <td>Illinois</td> <td>$1.019</td> <td>+12.3%</td> <td>+46.4%</td> <td>+127.9% </td></tr> <tr> <td>87</td> <td>143</td> <td><a href="/wiki/Rensselaer_Polytechnic_Institute" title="Rensselaer Polytechnic Institute">Rensselaer Polytechnic Institute</a></td> <td>New York</td> <td>$1.000</td> <td>+8.2%</td> <td>+35.2%</td> <td>+51.8% </td></tr></tbody></table> <div class="mw-heading mw-heading3"><h3 id="Public_schools">Public schools</h3>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=5" title="Edit section: Public schools">edit</a>]</div> <figure class="mw-default-size" typeof="mw:File/Thumb"><a href="/wiki/File:University_of_texas_at_austin_main_building_2014.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/0/03/University_of_texas_at_austin_main_building_2014.jpg/220px-University_of_texas_at_austin_main_building_2014.jpg" decoding="async" width="220" height="176" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/0/03/University_of_texas_at_austin_main_building_2014.jpg/330px-University_of_texas_at_austin_main_building_2014.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/0/03/University_of_texas_at_austin_main_building_2014.jpg/440px-University_of_texas_at_austin_main_building_2014.jpg 2x" data-file-width="2625" data-file-height="2100" /></a><figcaption>The <a href="/wiki/University_of_Texas_System" title="University of Texas System">University of Texas System</a> has the largest system-wide endowment of any American public higher education institution.</figcaption></figure> For public universities, larger endowments are often associated with flagship state universities, especially those associated with a <a href="/wiki/Medical_school" title="Medical school">medical school</a>. Sixteen states do not have institutions included in this list: Alaska, Connecticut, Delaware, Hawaii, Idaho, Maine, Mississippi, Montana, Nevada, New Mexico, North Dakota, Rhode Island, South Dakota, Vermont, West Virginia, and Wyoming. Many of these states have small populations. The New England states, however, are known for well-endowed private institutions. New York is one of the few populous states without a public university with a large endowment. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1275448275"> <table class="wikitable sortable col5right col6right col7right col8right"> <tbody><tr> <th colspan="2" scope="colgroup" class="unsortable">Rank</th> <th rowspan="2" scope="col">Institution</th> <th rowspan="2" scope="col">State</th> <th rowspan="2" scope="col">Endowment<a href="#cite_note-NACUBO-3">[3]</a> (billions <a href="/wiki/United_States_dollar" title="United States dollar">USD</a> – FY2024)</th> <th colspan="3" scope="colgroup" class="unsortable">Change </th></tr> <tr> <th scope="col">Public </th> <th scope="col">Overall </th> <th scope="col">1‑year<a href="#cite_note-NACUBO-3">[3]</a> </th> <th scope="col">5‑year<a href="#cite_note-NACUBO5Yr-14">[14]</a> </th> <th scope="col">10‑year<a href="#cite_note-NACUBO10Yr-15">[15]</a> </th></tr> <tr> <td>1</td> <td>2</td> <td><a href="/wiki/University_of_Texas_System" title="University of Texas System">University of Texas System</a></td> <td>Texas</td> <td>$47.465</td> <td>+5.6%</td> <td>+53.3%</td> <td>+86.7% </td></tr> <tr> <td>2</td> <td>8</td> <td><a href="/wiki/Texas_A%26M_University_System" title="Texas A&M University System">Texas A&M University System</a><a href="#cite_note-RelFoundations-17">[b]</a></td> <td>Texas</td> <td>$20.381</td> <td>+5.7%</td> <td>+50.8%</td> <td>+83.5% </td></tr> <tr> <td>3</td> <td>9</td> <td><a href="/wiki/University_of_Michigan" title="University of Michigan">University of Michigan</a></td> <td>Michigan</td> <td>$19.166</td> <td>+7.2%</td> <td>+54.0%</td> <td>+97.0% </td></tr> <tr> <td>4</td> <td>10</td> <td><a href="/wiki/University_of_California_System" class="mw-redirect" title="University of California System">University of California System</a><a href="#cite_note-CalRegents-18">[c]</a></td> <td>California</td> <td>$19.103</td> <td>+8.0%</td> <td>+61.9%</td> <td>+158.7% </td></tr> <tr> <td>5</td> <td>20</td> <td><a href="/wiki/University_of_Virginia" title="University of Virginia">University of Virginia</a></td> <td>Virginia</td> <td>$10.217</td> <td>+4.3%</td> <td>+44.8%</td> <td>+71.8% </td></tr> <tr> <td>6</td> <td>25</td> <td><a href="/wiki/Ohio_State_University" title="Ohio State University">Ohio State University</a></td> <td>Ohio</td> <td>$7.932</td> <td>+7.4%</td> <td>+50.9%</td> <td>+123.6% </td></tr> <tr> <td>7</td> <td>28</td> <td><a href="/wiki/University_of_Minnesota" title="University of Minnesota">University of Minnesota</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Minnesota</td> <td>$5.935</td> <td>+7.9%</td> <td>+50.2%</td> <td>+87.5% </td></tr> <tr> <td>8</td> <td>29</td> <td><a href="/wiki/University_of_Pittsburgh" title="University of Pittsburgh">University of Pittsburgh</a></td> <td>Pennsylvania</td> <td>$5.804</td> <td>+5.7%</td> <td>+34.6%</td> <td>+66.2% </td></tr> <tr> <td>9</td> <td>30</td> <td><a href="/wiki/University_of_North_Carolina_at_Chapel_Hill" title="University of North Carolina at Chapel Hill">University of North Carolina at Chapel Hill</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>North Carolina</td> <td>$5.728</td> <td>+10.1%</td> <td>+56.0%</td> <td>+112.5% </td></tr> <tr> <td>10</td> <td>31</td> <td><a href="/wiki/Pennsylvania_State_University" title="Pennsylvania State University">Pennsylvania State University</a></td> <td>Pennsylvania</td> <td>$4.769</td> <td>+7.3%</td> <td>+4.9%</td> <td>+38.4% </td></tr> <tr> <td>11</td> <td>32</td> <td><a href="/wiki/Michigan_State_University" title="Michigan State University">Michigan State University</a></td> <td>Michigan</td> <td>$4.419</td> <td>+9.0%</td> <td>+45.7%</td> <td>+106.0% </td></tr> <tr> <td>12</td> <td>33</td> <td><a href="/wiki/University_of_Wisconsin-Madison" class="mw-redirect" title="University of Wisconsin-Madison">University of Wisconsin-Madison</a></td> <td>Wisconsin</td> <td>$4.305</td> <td>+12.2%</td> <td>+36.5%</td> <td>+84.6% </td></tr> <tr> <td>13</td> <td>35</td> <td><a href="/wiki/Purdue_University_System" class="mw-redirect" title="Purdue University System">Purdue University System</a></td> <td>Indiana</td> <td>$4.106</td> <td>+8.2%</td> <td>+56.4%</td> <td>+88.2% </td></tr> <tr> <td>14</td> <td>37</td> <td><a href="/wiki/Indiana_University_System" class="mw-redirect" title="Indiana University System">Indiana University System</a></td> <td>Indiana</td> <td>$3.821</td> <td>+7.4%</td> <td>+53.7%</td> <td>+92.2% </td></tr> <tr> <td>15</td> <td>39</td> <td><a href="/wiki/University_of_Illinois_System" title="University of Illinois System">University of Illinois System</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Illinois</td> <td>$3.689</td> <td>+9.0%</td> <td>+56.7%</td> <td>+61.9% </td></tr> <tr> <td>16</td> <td>44</td> <td><a href="/wiki/University_of_Iowa" title="University of Iowa">University of Iowa</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Iowa</td> <td>$3.502</td> <td>+7.5%</td> <td>+121.8%</td> <td>+179.8% </td></tr> <tr> <td>17</td> <td>46</td> <td><a href="/wiki/Georgia_Institute_of_Technology" class="mw-redirect" title="Georgia Institute of Technology">Georgia Institute of Technology</a><a href="#cite_note-RelFoundations-17">[b]</a></td> <td>Georgia</td> <td>$3.167</td> <td>+6.5%</td> <td>+46.0%</td> <td>+67.7% </td></tr> <tr> <td>18</td> <td>47</td> <td><a href="/wiki/University_of_California,_Berkeley" title="University of California, Berkeley">University of California, Berkeley</a></td> <td>California</td> <td>$3.112</td> <td>+6.8%</td> <td>+50.3%</td> <td>+108.0% </td></tr> <tr> <td>19</td> <td>51</td> <td><a href="/wiki/University_of_California,_San_Francisco" title="University of California, San Francisco">University of California, San Francisco</a></td> <td>California</td> <td>$2.948</td> <td>+8.4%</td> <td>+60.2%</td> <td>+212.4% </td></tr> <tr> <td>20</td> <td>52</td> <td><a href="/wiki/Texas_Tech_University_System" title="Texas Tech University System">Texas Tech University System</a></td> <td>Texas</td> <td>$2.904</td> <td>+69.2%</td> <td>+120.5%</td> <td>+142.9% </td></tr> <tr> <td>21</td> <td>53</td> <td><a href="/wiki/Virginia_Commonwealth_University" title="Virginia Commonwealth University">Virginia Commonwealth University</a><a href="#cite_note-AffEntities-20">[e]</a></td> <td>Virginia</td> <td>$2.886</td> <td>+11.7%</td> <td>+41.3%</td> <td>+91.2% </td></tr> <tr> <td>22</td> <td>61</td> <td><a href="/wiki/University_of_Nebraska_System" class="mw-redirect" title="University of Nebraska System">University of Nebraska System</a></td> <td>Nebraska</td> <td>$2.527</td> <td>+11.5%</td> <td>+76.0%</td> <td>+63.3% </td></tr> <tr> <td>23</td> <td>62</td> <td><a href="/wiki/University_of_Kansas" title="University of Kansas">University of Kansas</a></td> <td>Kansas</td> <td>$2.525</td> <td>+7.1%</td> <td>+39.0%</td> <td>+71.7% </td></tr> <tr> <td>24</td> <td>63</td> <td><a href="/wiki/University_of_Florida" title="University of Florida">University of Florida</a></td> <td>Florida</td> <td>$2.454</td> <td>+5.0%</td> <td>+34.4%</td> <td>+61.5% </td></tr> <tr> <td>25</td> <td>65</td> <td><a href="/wiki/University_of_Missouri_System" title="University of Missouri System">University of Missouri System</a></td> <td>Missouri</td> <td>$2.411</td> <td>+7.9%</td> <td>+38.3%</td> <td>+67.4% </td></tr> <tr> <td>26</td> <td>67</td> <td><a href="/wiki/University_of_Alabama_System" title="University of Alabama System">University of Alabama System</a></td> <td>Alabama</td> <td>$2.379</td> <td>+13.9%</td> <td>+56.5%</td> <td>+92.6% </td></tr> <tr> <td>27</td> <td>68</td> <td><a href="/wiki/University_System_of_Maryland" title="University System of Maryland">University System of Maryland</a></td> <td>Maryland</td> <td>$2.291</td> <td>+9.3%</td> <td>+59.5%</td> <td>+139.7% </td></tr> <tr> <td>28</td> <td>70</td> <td><a href="/wiki/University_of_Colorado_System" class="mw-redirect" title="University of Colorado System">University of Colorado System</a></td> <td>Colorado</td> <td>$2.245</td> <td>+7.1%</td> <td>+54.6%</td> <td>+111.2% </td></tr> <tr> <td>29</td> <td>71</td> <td><a href="/wiki/North_Carolina_State_University" title="North Carolina State University">North Carolina State University</a><a href="#cite_note-RelFoundations-17">[b]</a></td> <td>North Carolina</td> <td>$2.220</td> <td>+9.4%</td> <td>+58.5%</td> <td>+150.8% </td></tr> <tr> <td>30</td> <td>72</td> <td><a href="/wiki/Rutgers_University" title="Rutgers University">Rutgers University System</a></td> <td>New Jersey</td> <td>$2.180</td> <td>+9.7%</td> <td>+47.7%</td> <td>+137.3% </td></tr> <tr> <td>31</td> <td>76</td> <td><a href="/wiki/University_of_Georgia" title="University of Georgia">University of Georgia</a><a href="#cite_note-RelFoundations-17">[b]</a></td> <td>Georgia</td> <td>$2.056</td> <td>+13.5%</td> <td>+53.0%</td> <td>+118.9% </td></tr> <tr> <td>32</td> <td>79</td> <td><a href="/wiki/University_of_Kentucky" title="University of Kentucky">University of Kentucky</a></td> <td>Kentucky</td> <td>$1.979</td> <td>+9.4%</td> <td>+40.6%</td> <td>+74.1% </td></tr> <tr> <td>33</td> <td>80</td> <td><a href="/wiki/Virginia_Tech" title="Virginia Tech">Virginia Tech</a></td> <td>Virginia</td> <td>$1.954</td> <td>+10.1%</td> <td>+43.9%</td> <td>+145.3% </td></tr> <tr> <td>34</td> <td>84</td> <td><a href="/wiki/University_of_Utah" title="University of Utah">University of Utah</a></td> <td>Utah</td> <td>$1.860</td> <td>+13.2%</td> <td>+51.8%</td> <td>+120.2% </td></tr> <tr> <td>35</td> <td>87</td> <td><a href="/wiki/University_of_Tennessee_System" class="mw-redirect" title="University of Tennessee System">University of Tennessee System</a></td> <td>Tennessee</td> <td>$1.766</td> <td>+10.4%</td> <td>+30.4%</td> <td>+64.7% </td></tr> <tr> <td>36</td> <td>88</td> <td><a href="/wiki/Iowa_State_University" title="Iowa State University">Iowa State University</a></td> <td>Iowa</td> <td>$1.717</td> <td>+4.5%</td> <td>+55.9%</td> <td>+121.0% </td></tr> <tr> <td>37</td> <td>89</td> <td><a href="/wiki/University_of_Arkansas_at_Fayetteville" class="mw-redirect" title="University of Arkansas at Fayetteville">University of Arkansas at Fayetteville</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Arkansas</td> <td>$1.666</td> <td>+9.1%</td> <td>+36.3%</td> <td>+79.2% </td></tr> <tr> <td>38</td> <td>90</td> <td><a href="/wiki/University_of_Oregon" title="University of Oregon">University of Oregon</a></td> <td>Oregon</td> <td>$1.651</td> <td>+10.8%</td> <td>+78.9%</td> <td>+163.2% </td></tr> <tr> <td>39</td> <td>93</td> <td><a href="/wiki/Arizona_State_University" title="Arizona State University">Arizona State University</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Arizona</td> <td>$1.592</td> <td>+8.5%</td> <td>+72.7%</td> <td>+154.4% </td></tr> <tr> <td>40</td> <td>95</td> <td><a href="/wiki/University_of_California,_San_Diego" title="University of California, San Diego">University of California, San Diego</a></td> <td>California</td> <td>$1.589</td> <td>+16.8%</td> <td>+100.5%</td> <td>+209.7% </td></tr> <tr> <td>41</td> <td>98</td> <td><a href="/wiki/University_of_Massachusetts_System" class="mw-redirect" title="University of Massachusetts System">University of Massachusetts System</a></td> <td>Massachusetts</td> <td>$1.547</td> <td>+17.7%</td> <td>+75.5%</td> <td>+104.2% </td></tr> <tr> <td>42</td> <td>99</td> <td><a href="/wiki/Oklahoma_State_University_System" title="Oklahoma State University System">Oklahoma State University System</a></td> <td>Oklahoma</td> <td>$1.482</td> <td>+5.9%</td> <td data-sort-value="" style="vertical-align:middle; text-align:center" class="table-na">—</td> <td>+63.7% </td></tr> <tr> <td>43</td> <td>101</td> <td><a href="/wiki/College_of_William_%26_Mary" title="College of William & Mary">College of William & Mary</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Virginia</td> <td>$1.454</td> <td>+6.9%</td> <td>+46.0%</td> <td>+82.4% </td></tr> <tr> <td>44</td> <td>103</td> <td><a href="/wiki/Texas_State_University_System" title="Texas State University System">Texas State University System</a></td> <td>Texas</td> <td>$1.407</td> <td>+95.4%</td> <td>+575.1%</td> <td>+772.7% </td></tr> <tr> <td>45</td> <td>104</td> <td><a href="/wiki/University_of_Arizona" title="University of Arizona">University of Arizona</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Arizona</td> <td>$1.387</td> <td>+7.7%</td> <td>+33.6%</td> <td>+82.4% </td></tr> <tr> <td>46</td> <td>105</td> <td><a href="/wiki/Washington_State_University" title="Washington State University">Washington State University</a></td> <td>Washington</td> <td>$1.383</td> <td>+9.1%</td> <td>+29.5%</td> <td>+59.3% </td></tr> <tr> <td>47</td> <td>109</td> <td><a href="/wiki/University_System_of_New_Hampshire" title="University System of New Hampshire">University System of New Hampshire</a></td> <td>New Hampshire</td> <td>$1.367</td> <td>+7.0%</td> <td>+70.1%</td> <td>+106.6% </td></tr> <tr> <td>48</td> <td>119</td> <td><a href="/wiki/Oregon_Health_%26_Science_University" title="Oregon Health & Science University">Oregon Health & Science University</a></td> <td>Oregon</td> <td>$1.253</td> <td>−0.3%</td> <td>+42.8%</td> <td>+139.9% </td></tr> <tr> <td>49</td> <td>123</td> <td><a href="/wiki/Auburn_University" title="Auburn University">Auburn University</a><a href="#cite_note-Foundations-19">[d]</a></td> <td>Alabama</td> <td>$1.187</td> <td>+10.0%</td> <td>+49.7%</td> <td>+91.2% </td></tr> <tr> <td>50</td> <td>126</td> <td><a href="/wiki/Louisiana_State_University_System" title="Louisiana State University System">Louisiana State University System</a></td> <td>Louisiana</td> <td>$1.138</td> <td>+7.3%</td> <td>+22.9%</td> <td>+44.4% </td></tr> <tr> <td>51</td> <td>128</td> <td><a href="/wiki/Clemson_University" title="Clemson University">Clemson University</a></td> <td>South Carolina</td> <td>$1.124</td> <td>+9.4%</td> <td>+45.1%</td> <td>+80.4% </td></tr> <tr> <td>52</td> <td>134</td> <td><a href="/wiki/University_at_Buffalo" title="University at Buffalo">University at Buffalo</a></td> <td>New York</td> <td>$1.059</td> <td>+9.1%</td> <td>+33.3%</td> <td>+69.6% </td></tr> <tr> <td>53</td> <td>136</td> <td><a href="/wiki/University_of_South_Carolina" title="University of South Carolina">University of South Carolina</a></td> <td>South Carolina</td> <td>$1.044</td> <td>+9.7%</td> <td>+32.5%</td> <td>+75.1% </td></tr> <tr> <td>54</td> <td>139</td> <td><a href="/wiki/Florida_State_University" title="Florida State University">Florida State University</a></td> <td>Florida</td> <td>$1.030</td> <td>+8.8%</td> <td>+46.3%</td> <td>+64.9% </td></tr> <tr> <td>55</td> <td>142</td> <td><a href="/wiki/University_of_Louisville" title="University of Louisville">University of Louisville</a></td> <td>Kentucky</td> <td>$1.008</td> <td>+9.8%</td> <td>+40.0%</td> <td>+15.0% </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="Endowments_per_student_greater_than_$1_million">Endowments per student greater than $1 million</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=6" title="Edit section: Endowments per student greater than $1 million">edit</a>]</div> <figure typeof="mw:File/Thumb"><a href="/wiki/File:Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg" class="mw-file-description"><img src="//upload.wikimedia.org/wikipedia/commons/thumb/c/c6/Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg/215px-Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg" decoding="async" width="215" height="109" class="mw-file-element" srcset="//upload.wikimedia.org/wikipedia/commons/thumb/c/c6/Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg/323px-Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg 1.5x, //upload.wikimedia.org/wikipedia/commons/thumb/c/c6/Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg/430px-Alexander_Hall_and_sign_at_Princeton_Theological_Seminary.jpg 2x" data-file-width="3600" data-file-height="1824" /></a><figcaption><a href="/wiki/Princeton_Theological_Seminary" title="Princeton Theological Seminary">Princeton Theological Seminary</a> has the largest endowment per student in the United States.</figcaption></figure> Counterbalancing the effect of the large endowments per student for private institutions, average <a href="/wiki/College_tuition_in_the_United_States" title="College tuition in the United States">tuition and fees</a> at private four-year institutions were approximately two to four times the average tuition and fees of four-year public institutions in academic year 2021–22.<a href="#cite_note-NCESTuition-21">[16]</a> It is these high dollar per student endowments that are particularly affected by the <a href="/wiki/Endowment_tax" title="Endowment tax">endowment tax</a>. <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1275448275"> <table class="wikitable sortable col3right col4right col5right"> <tbody><tr> <th>Rank </th> <th>Institution </th> <th>Enrollment<a href="#cite_note-NACUBO-3">[3]</a> (<a href="/wiki/Full-time_equivalent" title="Full-time equivalent">FTE</a> – fall 2023) </th> <th>Endowment per student<a href="#cite_note-NACUBO-3">[3]</a> (<a href="/wiki/United_States_dollar" title="United States dollar">USD</a> – FY2024) </th> <th>Change<a href="#cite_note-NACUBO-3">[3]</a><a href="#cite_note-NACUBO1Yr-22">[17]</a> (1‑year) </th></tr> <tr> <td>1</td> <td><a href="/wiki/Princeton_Theological_Seminary" title="Princeton Theological Seminary">Princeton Theological Seminary</a></td> <td>282</td> <td>$5,154,575</td> <td>+12.2% </td></tr> <tr> <td>2</td> <td><a href="/wiki/Princeton_University" title="Princeton University">Princeton University</a></td> <td>9,079</td> <td>$3,750,669</td> <td>−2.1% </td></tr> <tr> <td>3</td> <td><a href="/wiki/Yale_University" title="Yale University">Yale University</a></td> <td>15,269</td> <td>$2,714,107</td> <td>−2.4% </td></tr> <tr> <td>4</td> <td><a href="/wiki/Stanford_University" title="Stanford University">Stanford University</a></td> <td>17,623</td> <td>$2,135,335</td> <td>+1.5% </td></tr> <tr> <td>5</td> <td><a href="/wiki/Harvard_University" title="Harvard University">Harvard University</a></td> <td>24,357</td> <td>$2,133,974</td> <td>+5.0% </td></tr> <tr> <td>6</td> <td><a href="/wiki/Massachusetts_Institute_of_Technology" title="Massachusetts Institute of Technology">Massachusetts Institute of Technology</a></td> <td>11,777</td> <td>$2,086,500</td> <td>+4.1% </td></tr> <tr> <td>7</td> <td><a href="/wiki/Frederick_S._Pardee_RAND_Graduate_School" title="Frederick S. Pardee RAND Graduate School">Pardee RAND</a></td> <td>158</td> <td>$1,981,314</td> <td>−11.4% </td></tr> <tr> <td>8</td> <td><a href="/wiki/Amherst_College" title="Amherst College">Amherst College</a></td> <td>1,910</td> <td>$1,858,417</td> <td>+5.6% </td></tr> <tr> <td>9</td> <td><a href="/wiki/Pomona_College" title="Pomona College">Pomona College</a></td> <td>1,652</td> <td>$1,810,914</td> <td>+11.4% </td></tr> <tr> <td>10</td> <td><a href="/wiki/Williams_College" title="Williams College">Williams College</a></td> <td>2,140</td> <td>$1,708,205</td> <td>+4.3% </td></tr> <tr> <td>11</td> <td><a href="/wiki/California_Institute_of_Technology" title="California Institute of Technology">California Institute of Technology</a></td> <td>2,463</td> <td>$1,682,826</td> <td>+10.2% </td></tr> <tr> <td>12</td> <td><a href="/wiki/Columbia_Theological_Seminary" title="Columbia Theological Seminary">Columbia Theological Seminary</a></td> <td>167</td> <td>$1,676,212</td> <td>+11.1% </td></tr> <tr> <td>13</td> <td><a href="/wiki/Swarthmore_College" title="Swarthmore College">Swarthmore College</a></td> <td>1,712</td> <td>$1,593,734</td> <td>−0.5% </td></tr> <tr> <td>14</td> <td><a href="/wiki/Grinnell_College" title="Grinnell College">Grinnell College</a></td> <td>1,750</td> <td>$1,526,198</td> <td>+5.0% </td></tr> <tr> <td>15</td> <td><a href="/wiki/Austin_Presbyterian_Theological_Seminary" title="Austin Presbyterian Theological Seminary">Austin Presbyterian Theological Seminary</a></td> <td>110</td> <td>$1,445,756</td> <td>+7.4% </td></tr> <tr> <td>16</td> <td><a href="/wiki/University_of_Notre_Dame" title="University of Notre Dame">University of Notre Dame</a></td> <td>12,785</td> <td>$1,399,873</td> <td>+8.7% </td></tr> <tr> <td>17</td> <td><a href="/wiki/Bowdoin_College" title="Bowdoin College">Bowdoin College</a></td> <td>1,847</td> <td>$1,397,968</td> <td>+10.2% </td></tr> <tr> <td>18</td> <td><a href="/wiki/Wellesley_College" title="Wellesley College">Wellesley College</a></td> <td>2,362</td> <td>$1,272,249</td> <td>+16.3% </td></tr> <tr> <td>19</td> <td><a href="/wiki/Dartmouth_College" title="Dartmouth College">Dartmouth College</a></td> <td>6,700</td> <td>$1,234,823</td> <td>+5.0% </td></tr> <tr> <td>20</td> <td><a href="/wiki/Principia_College" title="Principia College">Principia College</a></td> <td>838</td> <td>$1,141,078</td> <td>+10.3% </td></tr> <tr> <td>21</td> <td><a href="/wiki/Berea_College" title="Berea College">Berea College</a></td> <td>1,487</td> <td>$1,108,849</td> <td>+4.2% </td></tr> <tr> <td>22</td> <td><a href="/wiki/Medical_College_of_Wisconsin" title="Medical College of Wisconsin">Medical College of Wisconsin</a></td> <td>1,656</td> <td>$1,085,649</td> <td>+9.7% </td></tr> <tr> <td>23</td> <td><a href="/wiki/Smith_College" title="Smith College">Smith College</a></td> <td>2,495</td> <td>$1,027,705</td> <td>+18.5% </td></tr></tbody></table> <div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=7" title="Edit section: See also">edit</a>]</div> <ul><li><a href="/wiki/Lists_of_institutions_of_higher_education_by_endowment_size" title="Lists of institutions of higher education by endowment size">Lists of institutions of higher education by endowment size</a></li></ul> <div class="mw-heading mw-heading2"><h2 id="Notes">Notes</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=8" title="Edit section: Notes">edit</a>]</div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist reflist-lower-alpha"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-Delaware-16"><a href="#cite_ref-Delaware_16-0">^</a> NACUBO classifies the University of Delaware as a private institution. It is chartered as a state-assisted, privately governed university.<a href="#cite_note-Delaware-23">[18]</a> </li> <li id="cite_note-RelFoundations-17">^ <a href="#cite_ref-RelFoundations_17-0">a</a> <a href="#cite_ref-RelFoundations_17-1">b</a> <a href="#cite_ref-RelFoundations_17-2">c</a> <a href="#cite_ref-RelFoundations_17-3">d</a> Endowment value includes related foundation(s). </li> <li id="cite_note-CalRegents-18"><a href="#cite_ref-CalRegents_18-0">^</a> System-wide endowment pool managed by the <a href="/wiki/Regents_of_the_University_of_California" title="Regents of the University of California">Regents of the University of California</a>. </li> <li id="cite_note-Foundations-19">^ <a href="#cite_ref-Foundations_19-0">a</a> <a href="#cite_ref-Foundations_19-1">b</a> <a href="#cite_ref-Foundations_19-2">c</a> <a href="#cite_ref-Foundations_19-3">d</a> <a href="#cite_ref-Foundations_19-4">e</a> <a href="#cite_ref-Foundations_19-5">f</a> <a href="#cite_ref-Foundations_19-6">g</a> <a href="#cite_ref-Foundations_19-7">h</a> <a href="#cite_ref-Foundations_19-8">i</a> Endowment value includes foundation(s). </li> <li id="cite_note-AffEntities-20"><a href="#cite_ref-AffEntities_20-0">^</a> Endowment value includes affiliated entities. </li> </ol></div></div> <div class="mw-heading mw-heading2"><h2 id="References">References</h2>[<a href="/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&action=edit&section=9" title="Edit section: References">edit</a>]</div> <link rel="mw-deduplicated-inline-style" href="mw-data:TemplateStyles:r1239543626"><div class="reflist reflist-columns references-column-width" style="column-width: 35em;"> <ol class="references"> <li id="cite_note-NACUBOhistoric-1"><a href="#cite_ref-NACUBOhistoric_1-0">^</a> <style data-mw-deduplicate="TemplateStyles:r1238218222">.mw-parser-output cite.citation{font-style:inherit;word-wrap:break-word}.mw-parser-output .citation q{quotes:"\"""\"""'""'"}.mw-parser-output .citation:target{background-color:rgba(0,127,255,0.133)}.mw-parser-output .id-lock-free.id-lock-free a{background:url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-limited.id-lock-limited a,.mw-parser-output .id-lock-registration.id-lock-registration a{background:url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .id-lock-subscription.id-lock-subscription a{background:url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")right 0.1em center/9px no-repeat}.mw-parser-output .cs1-ws-icon a{background:url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em center/12px no-repeat}body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-free a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-limited a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-registration a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .id-lock-subscription a,body:not(.skin-timeless):not(.skin-minerva) .mw-parser-output .cs1-ws-icon a{background-size:contain;padding:0 1em 0 0}.mw-parser-output .cs1-code{color:inherit;background:inherit;border:none;padding:inherit}.mw-parser-output .cs1-hidden-error{display:none;color:var(--color-error,#d33)}.mw-parser-output .cs1-visible-error{color:var(--color-error,#d33)}.mw-parser-output .cs1-maint{display:none;color:#085;margin-left:0.3em}.mw-parser-output .cs1-kern-left{padding-left:0.2em}.mw-parser-output .cs1-kern-right{padding-right:0.2em}.mw-parser-output .citation .mw-selflink{font-weight:inherit}@media screen{.mw-parser-output .cs1-format{font-size:95%}html.skin-theme-clientpref-night .mw-parser-output .cs1-maint{color:#18911f}}@media screen and (prefers-color-scheme:dark){html.skin-theme-clientpref-os .mw-parser-output .cs1-maint{color:#18911f}}</style><cite class="citation web cs1"><a rel="nofollow" class="external text" href="https://www.nacubo.org/Research/2024/Historic-Endowment-Study-Data">"Historic Endowment Study Data"</a>. 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Retrieved July 5, 2023.</cite><span title="ctx_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=unknown&rft.jtitle=The+News+Journal&rft.atitle=Is+UD+public+or+private%3F+%27We%27re+special%2C%27+lawyer+says%2C+and+have+to+agree+to+charter+changes&rft.date=2020-03-03&rft.aulast=Alamdari&rft.aufirst=Natalia&rft_id=https%3A%2F%2Fwww.delawareonline.com%2Fstory%2Fnews%2F2020%2F03%2F03%2Fud-public-private-were-special-lawyer-says%2F4941070002%2F&rfr_id=info%3Asid%2Fen.wikipedia.org%3AList+of+colleges+and+universities+in+the+United+States+by+endowment" class="Z3988"> </li> </ol></div>    </div><noscript><img src="https://login.wikimedia.org/wiki/Special:CentralAutoLogin/start?useformat=desktop&type=1x1&usesul3=0" alt="" width="1" height="1" style="border: none; position: absolute;"></noscript> <div class="printfooter" data-nosnippet="">Retrieved from "<a dir="ltr" href="https://en.wikipedia.org/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&oldid=1275364984">https://en.wikipedia.org/w/index.php?title=List_of_colleges_and_universities_in_the_United_States_by_endowment&oldid=1275364984</a>"</div></div> <div id="catlinks" class="catlinks" data-mw="interface"><div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="/wiki/Help:Category" title="Help:Category">Categories</a>: <ul><li><a href="/wiki/Category:Lists_of_universities_and_colleges_in_the_United_States" title="Category:Lists of universities and colleges in the United States">Lists of universities and colleges in the United States</a></li><li><a href="/wiki/Category:Financial_endowments" title="Category:Financial endowments">Financial endowments</a></li><li><a href="/wiki/Category:Education_finance_in_the_United_States" title="Category:Education finance in the United States">Education finance in the United States</a></li><li><a href="/wiki/Category:Lists_of_institutions_of_higher_education_by_endowment_size" title="Category:Lists of institutions of higher education by endowment size">Lists of institutions of higher education by endowment size</a></li></ul></div><div id="mw-hidden-catlinks" class="mw-hidden-catlinks mw-hidden-cats-hidden">Hidden categories: <ul><li><a href="/wiki/Category:Articles_with_short_description" title="Category:Articles with short description">Articles with short description</a></li><li><a href="/wiki/Category:Short_description_is_different_from_Wikidata" title="Category:Short description is different from Wikidata">Short description is different from Wikidata</a></li><li><a href="/wiki/Category:Use_mdy_dates_from_February_2025" title="Category:Use mdy dates from February 2025">Use mdy dates from February 2025</a></li><li><a href="/wiki/Category:Articles_containing_potentially_dated_statements_from_2024" title="Category:Articles containing potentially dated statements from 2024">Articles containing potentially dated statements from 2024</a></li><li><a href="/wiki/Category:All_articles_containing_potentially_dated_statements" title="Category:All articles containing potentially dated statements">All articles containing potentially dated statements</a></li></ul></div></div> </div> </main> </div> <div class="mw-footer-container"> <footer id="footer" class="mw-footer" > <ul id="footer-info"> <li id="footer-info-lastmod"> This page was last edited on 12 February 2025, at 16:15 (UTC).</li> <li id="footer-info-copyright">Text is available under the <a href="/wiki/Wikipedia:Text_of_the_Creative_Commons_Attribution-ShareAlike_4.0_International_License" title="Wikipedia:Text of the Creative Commons Attribution-ShareAlike 4.0 International License">Creative Commons Attribution-ShareAlike 4.0 License</a>; additional terms may apply. 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