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What is an endowment?
Author: Ariele Gregerson
Website: http://www.About-Grants.com
Added: Sun, Oct 1, 2006 11:57:42
Category: Grant Questions
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An endowment is an amount of money or a fund that is provided to a college or university on the condition that the money will be invested to accrue interest instead or spending it all immediately.
keywords: Grant | Grants | Financial Aid | Funding | Endowment | Scholarship About the Author:
Ariele Gregerson answers frequently asked grant questions at PrettyGreatAnswers.com.
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