<p>Just released. For the year ending June 30, 2009:</p>
<p>Ouch @ the endowment but that looks pretty much in line with everybody else, ri-ight? At least it’s a lot higher now… where do you think it is as of today?</p>
<p>35.6% decline in endowment value at year end. I’m sure it has recovered some since then. Still in the top 10 LAC per student endowments. </p>
<p>Cash liquidity looks like an issue, as is the case at many schools right now. The endowment is $336 million. Debt is $104 million. Cash call commitments of $140 million expected to be called over the next four years.</p>
<p>There’s a similar report for Bryn Mawr, prepared by the same auditors for the year ending 05/31/09, at:</p>
<p><a href=“http://www.brynmawr.edu/controller/BrynMawrCollege-FinancialStatements-2009-Final.pdf[/url]”>http://www.brynmawr.edu/controller/BrynMawrCollege-FinancialStatements-2009-Final.pdf</a> </p>
<p>Looks like a 23-24% decline in endowment value</p>
<p>Thanks Corbett. I hadn’t seen Bryn Mawr’s yet. Bowdoin and Middlebury posted there’s in the last few days, too.</p>
<p>Does this mean that Haverford’s amount financial aid will go down? i already know they don’t do any scholarships besides need based. But haverford is like my #1 school right now and i will definitely need financial aid…</p>
<p>No, the College has increased the budget for financial aid. HC is incredibly committed to access and need-blind admissions.</p>
<p>Sorry to be a Debbie Downer but I still can’t get over how bad those financials look. It appears that Haverford took one of the larger hits, percentage-wise. I’m guessing we don’t have any specific info on where it is today.</p>