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The deadline to raise the $2.6 So far, the college has raised $178,000, according to an email sent to supporters earlier this week. 3, Interim President Stockwell Day—a former Canadian minister of finance—noted that the college wasn’t close to hitting the $2.6 million was Feb. 14 email update to constituents.
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 budgetsfunded by endowments was 5.3
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. Mumpower told lawmakers that university leaders should have foreseen a housing crisis, given that it more than quadrupled its 2022–23 scholarship budget to $28.3
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