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Monday, June 29, 2009

Endowments Dipped | Aid Experts Like President's Plan

Foundation Endowments Dipped in 2008, but Giving Rose

Grant makers’ endowments plunged by 26 percent last year as the stock market fell to levels not seen in years, says a new report from the Commonfund Institute.

That was a sharply different picture from the one in 2007, when endowments grew by 9.9 percent. But foundations’ returns still compared favorably to the overall performance of the market. [Click Here for more]



Aid Experts Like President's Plan to Streamline FAFSA but Hope for Bigger Changes

"The plan that the White House unveiled on Wednesday for simplifying the form, known as the FAFSA, wouldn't go that far, and its most significant changes would require Congressional approval. Still, financial-aid experts say the president's proposal will greatly simplify the process of applying for student aid, while creating momentum for broader change going forward," The Chronicle of Higher Education reports. [Click Here for more]

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