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Graphs - Institutional Characteristics
Ohio's independent colleges include some of the state's oldest, dating to the earliest days of statehood, as well as some dating to the post-World War II era.
By the end of fiscal 2010, endowments at Ohio independent colleges had rebounded only slightly from their low point in FY2009, and half of AICUO members¹ endowments were valued at $21.1 million or less.
A sampling error resulting from the much smaller tracking cohort in public community colleges makes graduation rate comparisons with for-profit colleges meaningless.
If you count only those campuses that award undergraduate degrees, Ohio's ranking climbs to a tie for fifth place.
Of AICUO's 52 members, 36 were founded or sponsored by denominations or religious orders.
The 2008-09 academic year was a bad one for college and university endowments, whether large or small. On June 30, 2008, half of the independent colleges in Ohio had endowments of $27 million or less, with little room for decline.
Ohio's independent colleges, by and large, are heavily dependent on tuition income to support their teaching, research, and service programs. Of our 51 members, 36 get more than half their revenue from their students, even when considering the amount of financial aid the campused themselves offer.
AICUO MemberEndowment Market Values
Half of Ohio' private nonprofit colleges and universities have endowments of less than $25 million.
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