CHANNILLO
Chapter Nine: College Tuition and Student Loans (4)
Series Info | Table of Contents
Amherst is better than others, however. Some schools that already do have sizable endowments and could increase aid are instead decreasing it. Cornell, which has an endowment of about $5 billion, took $35 million from its endowment in 2009-2010 to fund financial aid. It is now changing its policy to draw less from the endowment, which includes lowering its financial aid policies.
For GW, with $1.33 billion in its endowment (about 1/18 of Amherst&rs...
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