Highest endowment per student — doctoral research universities

These 50 doctoral research universities rank highest by endowment per undergraduate, drawn from 420 institutions with reported data in the most recent U.S. Department of Education release (2024-25). Harvard University (Cambridge, MA) leads at $7M.

#	Institution	Endowment per undergrad
1	Harvard UniversityMA · Private	$7M
2	Yale UniversityCT · Private	$6.1M
3	Princeton UniversityNJ · Private	$5.9M
4	Massachusetts Institute of TechnologyMA · Private	$5.4M
5	Stanford UniversityCA · Private	$5M
6	Johns Hopkins UniversityMD · Private	$2.3M
7	University of PennsylvaniaPA · Private	$2.1M
8	University of Notre DameIN · Private	$2.1M
9	Duke UniversityNC · Private	$1.8M
10	Dartmouth CollegeNH · Private	$1.8M
11	Emory UniversityGA · Private	$1.7M
12	Rice UniversityTX · Private	$1.7M
13	Columbia University in the City of New YorkNY · Private	$1.6M
14	Washington University in St LouisMO · Private	$1.5M
15	Vanderbilt UniversityTN · Private	$1.4M
16	University of ChicagoIL · Private	$1.2M
17	Northwestern UniversityIL · Private	$1.2M
18	Brown UniversityRI · Private	$929,807
19	Thomas Jefferson UniversityPA · Private	$775,648
20	Cornell UniversityNY · Private	$636,304
21	University of Virginia-Main CampusVA · Public	$571,427
22	University of Michigan-Ann ArborMI · Public	$552,850
23	Georgetown UniversityDC · Private	$480,703
24	University of RochesterNY · Private	$472,124
25	University of TulsaOK · Private	$458,600
26	Carnegie Mellon UniversityPA · Private	$442,497
27	University of Southern CaliforniaCA · Private	$395,874
28	Boston CollegeMA · Private	$387,551
29	Case Western Reserve UniversityOH · Private	$372,325
30	Pepperdine UniversityCA · Private	$371,244
31	Wake Forest UniversityNC · Private	$364,139
32	Tufts UniversityMA · Private	$358,838
33	Brandeis UniversityMA · Private	$349,615
34	Texas A&M University-College StationTX · Public	$320,638
35	Lehigh UniversityPA · Private	$317,517
36	Southern Methodist UniversityTX · Private	$297,364
37	Tulane University of LouisianaLA · Private	$290,201
38	University of Pittsburgh-Pittsburgh CampusPA · Public	$282,660
39	University of North Carolina at Chapel HillNC · Public	$276,037
40	Saint Louis UniversityMO · Private	$258,625
41	Santa Clara UniversityCA · Private	$237,370
42	Texas Christian UniversityTX · Private	$237,216
43	George Washington UniversityDC · Private	$236,068
44	New York UniversityNY · Private	$232,076
45	Abilene Christian UniversityTX · Private	$227,374
46	Clark UniversityMA · Private	$219,894
47	William & MaryVA · Public	$206,154
48	University of the PacificCA · Private	$200,742
49	Boston UniversityMA · Private	$193,370
50	Villanova UniversityPA · Private	$189,252

Endowment per undergraduate uses undergraduate headcount (not 12-month FTE); this list is limited to institutions with at least 1,000 undergraduates so graduate-heavy schools with tiny undergrad counts don’t distort the ranking. A data ranking — not an Ibex endorsement or quality rating. Ranked solely on the metric named above using the most recent College Scorecard & IPEDS release, which lags the current academic year by 2–3 years. Institutions that do not report this metric are excluded. Figures and peer context appear on each institution’s profile.

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Source: U.S. Department of Education — College Scorecard & IPEDS (most recent release, 2024-25), with Census ACS, BLS Employment Projections, WICHE & the FSA Direct Loan Dashboard. Compiled by Ibex Insights. For informational benchmarking only — not financial, investment, or accreditation advice. See the methodology.