The Role of Endowments
Binita Mandalia '11 was recgonized
as a first-year student for her
superior writing skills through the
Elaine P. Maimon Award for Excellence
Tuition alone does not cover the cost of an Arcadia education, and in today's environment, budget pressures on the University are fierce. A strong endowment is needed to ensure that the University remains strong.
Our students and faculty make Arcadia exceptional. To continue to attract and retain the very best students and faculty, we must also increase our endowment – for student scholarships, for faculty and leadership positions and for special learning opportunities.
Arcadia's endowment has nearly doubled in the past decade. Still, our average endowment per student in 2006 was only $16,286, which compares unfavorably to the average of $25,606 per student for the Top 10 Masters Universities in the North. Average endowment per student is even higher for such nearby Pennsylvania colleges and universities as Ursinus College ($66,282), Drexel University ($33,204) and Villanova University ($30,973).
A more robust endowment will help us weather financial challenges, seize new opportunities as they arise and continue to support our outstanding students and faculty.