Word: payouts
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...recent years, however, total spending has remained constant while the endowment has exploded, making Harvard's payout 3.9 percent in FY '97 and 3.7 percent...
Merely by restoring the payout to its traditional level, Harvard could tap into its financial good fortune and pass the savings on to its students...
...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...
...Layout and the Payout...
...while Harvard's invested funds havefattened, the percentage payout of its endowmenthas...