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Endowment Payout Rates

The primary purpose of the endowment is to provide a predictable and permanent source of funding for the University’s mission.

In order to calculate an endowment payout amount, either multiply the payout rate per unit by the number of units in the endowment or increase the prior year endowment spending budget by the parameter listed in the table below for the appropriate fiscal year. 

Endowment rates for FY 2022
Fiscal Year
Payout Rate
Parameter Increase Over Prior Year
FY 2023 $12.30 8.90%
FY 2022 $11.30 2.26%
FY 2021 $11.05 1.56%
FY 2020 $10.88 4.21%