The National Association of College and University Business Officers (NACUBO) recently released its Commonfund Study of Endowments, which covers schools in the United States and Canada.
According to the report, Swarthmore’s fiscal year 2011 endowment was $1,508,483,000, up 20.8% from 2010. This amounts to $989,169.180 per student. If that seems large, it is, but it’s lower than in recent years, when the endowment surpassed a million dollars per student.
Compared to other schools, Swarthmore’s one-and-a-half billion dollars gives it the forty-eighth largest endowment. Harvard tops the list at over thirty-one billion dollars; the next highest, Yale, has only two-thirds as much, at about nineteen billion dollars.
It’s difficult to compare per-student endowments across every school—the tiniest schools don’t appear in the NACUBO report—Swarthmore ranks twelfth in the Gazette’s back-of-a-napkin estimation, just behind Pomona. Swat also trails Rice, University of Chicago, Cal Tech, MIT, Stanford, and the “Big Three” of the Ivy League on a per capita basis. Swarthmore has more money per student than Amherst, Grinnell, and Williams and beats Carleton by a long shot.
Bryn Mawr has $671,103,000 in total and about $513,468 per student, while Haverford has $402,730,000 and $210,853 per student.
The NACUBO report is available here.