finances

Endowment down 16.1%

Senior Executive Vice President Robert Kasdin attributed the slowdown in the endowment's losses to "stronger market conditions."

Endowment dips by about 22 percent, Bollinger writes

WEB EXCLUSIVE. According to a message University President Lee Bollinger sent to Columbia on Wednesday afternoon, over the first nine months of the fiscal year ending on March 31, 2009, the endowment's value decreased by about 22%. Click to see the full text of his e-mail.

CC tightens belt, cuts budget

As a result of the reduced funds available from Columbia University’s endowment in light of the financial crisis, Columbia College will take various measures to reduce its budgetary expenses, such as a slight increase in the student-to-faculty ratio.

Barnard to Increase Tuition by Three Percent

Gregory Brown, vice president of finance and planning at Barnard, announced a 3 percent tuition increase for the 2009-2010 academic year at a financial forum on Monday evening. The hike will amount to an increase of about $1560 more per student, which Barnard hopes will bolster financial aid when coupled with a faculty wage freeze.

Fun With Taxes

As stress mounts for students filing individual tax returns by the April 15 deadline, the lack of financial guidance available to University undergraduates is painfully evident.

SGB Releases Financial Info for Groups

Student Governing Board’s release of financial figures on Saturday brought what many hope will kick off a period of greater transparency and solve what many have pointed to as a long-standing conce