Word: payouts
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...last four years Radcliffe's endowment payout has been 6 percent, two points above the national average of 4 percent...
...bottom line? If the University sticks to aannual payout increase around 7 percent, Harvard'sfinancial gains will mean $2 million more forundergraduate aid each year for the near future...
Were Harvard to bring payout to 4.5 percentnext year--a level even more conservative than the20-year average--funds earmarked for financial aidincome would increase roughly $8 million dollarsnext year, or more than $6 million more than undercurrent plans...
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...
...market went up by 25 percent, we don'twant the payout to go up by 25 percent the nextyear because the next year, the market might godown by 25 percent, and then you have to takemoney away," she said. "You want to have steadyincreases in payout for operations...