by Audrey Williams June, Chronicle of Higher Education
"During a fiscal year when stocks soared, college endowments posted annual returns that were up sharply from the year before, when the markets hit a volatile stretch early in the pandemic.
According to the annual Nacubo-TIAA Study of Endowments, college endowments had an average one-year return of 30.6 percent, net of fees, in the 2021 fiscal year. The year before, the endowments’ overall average return was 1.8 percent.
The positive results extended across endowments both large and small. Even the lowest rates of return were still more than 20 percent, the study found.
Almost 60 percent of endowments increased their support for their institution’s operating budget in the 2021 fiscal year. The likely impetus for that decision, according to the study, is that the pandemic cut into tuition and auxiliary revenue at many colleges."
Top 10 Endowments of Division III Members (in $1,000s)
MIT, $27,527,204
Washington, Mo., $13,536,003
Emory, $11,031,029
Johns Hopkins, $9,315,279
New York U., $5,574,000
Williams, $4,170,895
Carnegie Mellon, $3,967,324
Caltech, $3,805,000
Amherst, $3,775,153
Wellesley, $3,236,785
Top 10 DIII Liberal Arts Colleges
Williams, $4,170,895
Amherst, $3,775,153
Wellesley, $3,236,785
Pomona, $3,035,208
Grinnell, $2,931,550
Swarthmore, $2,899,311
Bowdoin, $2,719,628
Smith, $2,559,083
Washington and Lee, $2,092,420
Berea, $1,612,887
DIII Endowment per Student
MIT, $2,483,284
Amherst, $2,163,412
Williams, $2,131,270
Pomona, $2,076,066
Swarthmore, $2,017,614
Grinnell, $1,994,252
Caltech, $1,698,661
Bowdoin, $1,530,460
Wellesley, $1,419,643
Principia, $1,280,708
>> A Closer Look: D3Playbook will take a deeper dive into DIII endowments throughout the week. Tomorrow, we look at the rises and drops in market value.
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"As a proud NCAA Division III swimmer, I can attest to the immense joy that Division III swimming can provide. Swimming in college allows for many opportunities such as travel, making new friends, bonding, and excelling in the sport you love.
Sportsmanship & Camaraderie Due to the nature of Division III schools tending to be smaller colleges, D-III conferences are close-knit and full of fast racing. In any division, swimmers routinely swim against the same schools in their divisions at dual meets and championship meets. By continually swimming against the same teams, a bond is formed among competitors.
Focus on Academics For many Division III swimmers, swimming in college is an amazing complement to their college experience with their academics at the forefront. At a Division III college, student-athletes can pursue many different academic routes and conduct external academic projects such as researching in a lab or writing a thesis.
A Team to Endlessly Support You By joining a swim team, a student-athlete gains a big support system out of their teammates. Their teammates understand their busy schedules, their dedication to the sport they love and their commitment.
Well-Roundedness Another excellent quality of Division III swimming is the ability to participate in many activities that interest you. Swimming teaches athletes many things, but some of the most important include dedication, perseverance, and time-management.
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Congratulations to Lenny Reich, associate athletic director and sports information director at Mount Union, upon his selection to the College Sports Information Directors of America (CoSIDA) Hall of Fame.
The Scots (20-3) and the Panthers (15-10) meet in a USA South quarterfinal. Kyle Brown leads LaGrange in scoring (17.7), while Myles Rasnick leads the Scots (15.6)
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