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Just a reminder - GT academics for athletes
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<blockquote data-quote="ATL1" data-source="post: 28225" data-attributes="member: 26"><p>Stanford's endowment is 18.7 Billion </p><p>There athletic department has an endowment alone of $450 million and $500 million that pays out at 5.5% each year </p><p>That's as mush as UGA's as a school. </p><p>Very good article on how Stanford finances their athletic department that GT could easily mirror. </p><p><a href="http://online.wsj.com/news/articles/SB10001424052702304672404579181803355000052" target="_blank">http://online.wsj.com/news/articles/SB10001424052702304672404579181803355000052</a></p><p></p><p>Interesting nuggets in this article like;</p><p>"The normal revenues Stanford receives from football are so low, in fact, that its 36 varsity sports teams depend on something no other school has, or would dare rely so heavily on: an athletics-only endowment worth between $450 million and $500 million that pays out at 5.5% each year, people familiar with the matter said."</p></blockquote><p></p>
[QUOTE="ATL1, post: 28225, member: 26"] Stanford's endowment is 18.7 Billion There athletic department has an endowment alone of $450 million and $500 million that pays out at 5.5% each year That's as mush as UGA's as a school. Very good article on how Stanford finances their athletic department that GT could easily mirror. [url]http://online.wsj.com/news/articles/SB10001424052702304672404579181803355000052[/url] Interesting nuggets in this article like; "The normal revenues Stanford receives from football are so low, in fact, that its 36 varsity sports teams depend on something no other school has, or would dare rely so heavily on: an athletics-only endowment worth between $450 million and $500 million that pays out at 5.5% each year, people familiar with the matter said." [/QUOTE]
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Just a reminder - GT academics for athletes
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