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Why is Carnegie Mellon’s endowment important?

Carnegie endowment Mellon
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Why is Carnegie Mellon’s endowment important?

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Simply put, the long-term strength, stability, and independence of Carnegie Mellon’s mission depends greatly on the health of its endowment. For Carnegie Mellon, its endowment is essential for providing students with world-class programs and educational opportunities beyond those that could be funded by tuition alone. Fortunately, Carnegie Mellon is extremely efficient with its financial resources; ensuring funds are dedicated to important educational purposes. Because of its exceptional efficiency and emphasis on world-class quality, Carnegie Mellon is able to compete with larger, richer institutions for the best students and faculty.

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