Northeastern dodges higher-ed headwinds with strong revenue, endowment gains
Boston Business Journal - 11/13/2014
Northeastern University’s endowment posted a strong 16.8 percent return in the most-recent fiscal year, just one of the school’s financial highlights during an otherwise challenging stretch for the higher-education sector as a whole.
The investment performance corresponded with a 7 percent increase in Northeastern’s net tuition revenue, or the amount it generates from student tuition after accounting for aid discounts on an annual basis. That figure, which totaled $688.7 million in the fiscal year that ended June 30, represented around two-thirds of Northeastern’s total revenue of $1 billion.