<p>
</p>
<p>The top 10 in per student endowments are:</p>
<p>Grinnell
Pomona
Swarthmore
Williams
Amherst
Wellesley
Smith
Bowdoin
Bryn Mawr
Middlebury</p>
<p>There is a huge drop-off in per student endowments below Wellesley. For example, Swarthmore’s per student endowment is more than double that of Smith (#7), Bowdoin (#8), or Bryn Mawr (#9).</p>
<p>As of the the Fiscal Year 2004 reports, five LACs had endowments over $1 billion:</p>
<p>Grinnell
Williams
Wellesley
Pomona
Swarthmore</p>