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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]https://research.umich.edu/wp-content/uploads/2022/09/VOR_FY22.pdf Michigan receives over $1,000,000,000 yearly in funding from sources other than the NIH. That’s still more than Berkeley. Internally funded research is also over $500,000,000. [/quote] Internally funded research largely comes from reallocating tuition to research.[/quote] Unless you have an 18 billion dollar endowment.l,,[/quote] No. UM endowment distributions were $434M for the FY22 Fiscal Year. It would take the payout from the entire endowment and perhaps more to fund the $500M internal funded research. Most endowments are restricted by donors as to purpose, and other purposes and could not be applied to internal R&D funding. Pretty much anything given to the athletic program, law school, business school, academic scholarships, financial aid, etc. would not contribute to funding the internal funding for research. [/quote] Of course the endowment doesn’t pay for all of the internally funded R&D. You’re forgetting that Michigan gets well over 300 million annually from the state. Of course tuition covers some of the research dollars as well. That goes without saying at virtually every major research institution. [/quote]
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