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Why are endowments important to NC State University?

endowments NC State
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Why are endowments important to NC State University?

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A. An endowment creates financial stability, allowing NC State to be less dependent on unpredictable sources of revenue, such as state appropriations and research sponsorship. Endowments support initiatives that promote excellence at NC State — scholarships and fellowships for our students, professorships for distinguished faculty, and research and program support.

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