Top 50 Endowments Per Pupil

I'm sure I missed a couple schools (I'm human, I didn't include public schools, and there may be some ultra-small schools I missed), but these are all the schools I could find who are able to spend at least $10K per student per year (assuming a 5% endowment spending rate) while glancing through the rankings and endowment data.

Rank	School	Endowment	Enroll	End/Stu	5%/stu	USNWR
1	Princeton	$17,109,508	7,802	$2,192,964	$109,648	Res 1
2	Yale	$19,374,000	11,701	$1,655,756	$82,788	Res 3
3	Harvard	$31,728,080	19,627	$1,616,553	$80,828	Res 1
4	Pomona	$1,700,454	1,560	$1,090,035	$54,502	LAC 4
5	Swarthmore	$1,508,483	1,524	$989,818	$49,491	LAC 3
6	MIT	$9,712,628	10,566	$919,234	$45,962	Res 5
7	Amherst	$1,641,511	1,795	$914,491	$45,725	LAC 2
8	Grinnell	$1,500,219	1,655	$906,477	$45,324	LAC 19
9	Williams	$1,784,305	2,083	$856,603	$42,830	LAC 1
10	Stanford	$16,502,606	19,535	$844,771	$42,239	Res 5
11	CIT	$1,772,369	2,175	$814,882	$40,744	Res 5
12	Rice	$4,451,452	5,879	$757,178	$37,859	Res 17
13	Cooper Union	$607,135	910	$667,181	$33,359	RCN 2
14	Wellesley	$1,499,872	2,411	$622,095	$31,105	LAC 6
15	Berea	$978,735	1,613	$606,779	$30,339	LAC 27
16	Washington &Lee	$1,218,132	2,173	$560,576	$28,029	LAC 12
17	Dartmouth	$3,413,406	6,141	$555,839	$27,792	Res 11
18	Notre Dame	$6,259,598	11,992	$521,981	$26,099	Res 19
19	Richmond	$1,877,193	3,618	$518,848	$25,942	LAC 27
20	Chicago	$6,575,126	12,781	$514,445	$25,722	Res 5
21	Bowdoin	$904,215	1,762	$513,175	$25,659	LAC 6
22	Smith	$1,429,527	3,113	$459,212	$22,961	LAC 19
23	Claremont McKenna	$543,236	1,278	$425,067	$21,253	LAC 9
24	Emory	$5,400,367	13,381	$403,585	$20,179	Res 20
25	Trinity (TX)	$962,829	2,417	$398,357	$19,918	RUW 1
26	Duke	$5,747,377	14,983	$383,593	$19,180	Res 10
27	Bryn Mawr	$671,103	1,755	$382,395	$19,120	LAC 25
28	Wash U	$5,280,143	13,820	$382,065	$19,103	Res 14
29	Northwestern	$7,182,745	19,389	$370,455	$18,523	Res 12
30	Berry	$752,544	2,087	$360,586	$18,029	LAC 121
31	Middlebury	$907,668	2,532	$358,479	$17,924	LAC 5
32	Hamilton	$657,529	1,861	$353,320	$17,666	LAC 17
33	Columbia	$7,789,578	22,283	$349,575	$17,479	Res 4
34	Haverford	$402,730	1,177	$342,167	$17,108	LAC 10
35	Colby	$611,441	1,825	$335,036	$16,752	LAC 21
36	Vassar	$814,130	2,446	$332,841	$16,642	LAC 14
37	Penn	$6,582,029	19,842	$331,722	$16,586	Res 5
38	Carleton	$653,465	2,020	$323,498	$16,175	LAC 6
39	Macalester	$654,465	2,033	$321,921	$16,096	LAC 25
40	Harvey Mudd	$243,125	773	$314,521	$15,726	LAC 18
41	Davidson	$509,583	1,742	$292,528	$14,626	LAC 11
42	Denison	$654,584	2,275	$287,729	$14,386	LAC 49
43	Brown	$2,496,926	8,695	$287,168	$14,358	Res 15
44	Lafayette	$658,146	2,414	$272,637	$13,632	LAC 40
45	Vanderbilt	$3,414,514	12,714	$268,563	$13,428	Res 17
46	Mount Holyoke	$602,481	2,345	$256,922	$12,846	LAC 29
47	Cornell	$5,059,406	20,939	$241,626	$12,081	Res 15
48	Colgate	$693,436	2,903	$238,869	$11,943	LAC 21
49	Oberlin	$699,895	2,974	$235,338	$11,767	LAC 24
50	Holy Cross	$606,074	2,899	$209,063	$10,453	LAC 29

There seem to be four tiers here:

1.) Three schools can spend over $80,000 per student in a given year
2.) Eight schools can spend between $40K and $55K per student
3.) 13 schools can spend between $20K and $40K per student
4.) 26 schools can spend between $10K and $20K per student

I was curious whether national research universities or liberal arts colleges had more resources per student but, outside the top three, they're pretty evenly mixed.

Endowments of Top 25 Research Universities

I already posted the figures for top 25 liberal arts colleges, so I might as well post these as well.

USNWR	School	Endowment	Enroll	End/Stu	5%/stu	Rank
1	Harvard	$31,728,080	19,627	$1,616,553	$80,828	3
1	Princeton	$17,109,508	7,802	$2,192,964	$109,648	1
3	Yale	$19,374,000	11,701	$1,655,756	$82,788	2
4	Columbia	$7,789,578	22,283	$349,575	$17,479	15
5	Chicago	$6,575,126	12781	$514,445	$25,722	10
5	CIT	$1,772,369	2,175	$814,882	$40,744	6
5	MIT	$9,712,628	10,566	$919,234	$45,962	4
5	Penn	$6,582,029	19,842	$331,722	$16,586	16
5	Stanford	$16,502,606	19,535	$844,771	$42,239	5
10	Duke	$5,747,377	14,983	$383,593	$19,180	12
11	Dartmouth	$3,413,406	6,141	$555,839	$27,792	8
12	Northwestern	$7,182,745	19,389	$370,455	$18,523	14
13	Johns Hopkins	$2,598,467	21,092	$123,197	$6,160	21
14	Wash U	$5,280,143	13,820	$382,065	$19,103	13
15	Brown	$2,496,926	8,695	$287,168	$14,358	17
15	Cornell	$5,059,406	20,939	$241,626	$12,081	19
17	Rice	$4,451,452	5,879	$757,178	$37,859	7
17	Vanderbilt	$3,414,514	12,714	$268,563	$13,428	18
19	Notre Dame	$6,259,598	11,992	$521,981	$26,099	9
20	Emory	$5,400,367	13,381	$403,585	$20,179	11
22	Georgetown	$1,160,291	16,871	$68,774	$3,439	24
23	Carnegie Mellon	$1,017,338	11,618	$87,566	$4,378	23
23	USC	$3,517,173	36,986	$95,095	$4,755	22
25	Wake Forest	$1,058,250	7,162	$147,759	$7,388	20

The six columns above are the school's US News & World Report ranking, the school name, the endowment size (in thousands), the school's enrollment (as reported by USNWR), the endowment per student, a ratio of 5% of the endowment per student (which is roughly how much a school has to spend per student solely from tapping into the endowment), and the rank (within this sample) of the endowment per student.

I dropped public schools because I wasn't sure which endowments listed were for one particular campus versus which ones were for a system of schools.  As expected, there's a strong correlation between endowment size and ranking (-.68 between endowment and ranking and -.70 between per pupil endowment and ranking).

Notable overachievers include Penn and Columbia, which both have longstanding reputations of excellence given their placement in both the Ivy League and large, historically prominent American cities, and Johns Hopkins, which has some very prominent programs in medicine and hard sciences.

Notable underachievers include Rice, which is located in Houston, which has only recently become one of the largest cities in the nation, and Notre Dame, which has strong ties with the Catholic church.