<p>If (as is customary) the three schools distribute about 5% of the value of the endowment each year, then Georgetown has <$3,000 in endowment income per student per year. All three schools are significantly under-endowed. Compare to Rice, which has over $500,000 in endowment – $25,000 per year – per student (but still awards only about $5,500 per year per student in financial aid).</p>