Word: fas
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Dates: during 1990-1999
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...University would restore its payout to4.5 percent of the endowment next year, it coulddraw an additional $6.25 million from fundsrestricted to use for undergraduate financial aid.Of FAS's annual payout, 15 percent is specificallyreserved for financial...
According to the University's financial reportto the Board of Overseers--released lastNovember--and Dean of the Faculty of Arts andSciences (FAS) Jeremy R. Knowles' recent budgetletter, two-thirds of undergraduate financial aidfunding comes from the FAS endowment...
...FAS's share is currently $4.7 billion of theUniversity's total $11.2 billion dollar nest...
That increase would be enough to roughly matchthe amount Princeton, Yale or Stanford will spendon their students next year, without taking moneyfrom any other program or forcing FAS to pump infunds not already restricted...
According to Ann E. Berman, associate dean offinance for FAS, the probability that Harvard'sgoverning body, the Corporation, will revise itsplans to call for a 4.5 percent payout next yearis "almost...