<p>@texaspg I should clarify. I do realize that endowment can affect money available for financial aid and to that extent can have an affect on admissions. But what I meant when I said endowment doesn’t directly affect admissions, I just mean very few students (except the completely insane ones) make their decisions about what schools to apply to based primarily on the size of a school’s endowment.</p>
<p>Indeed, several schools that have a lower admit rate currently than UChicago have a smaller endowment:</p>
<p>1) Dartmouth 9.0%, $3.4 billion
2) Brown 9.4%, $2.5 billion
3) Duke 11.9%, $5.7 billion</p>
<p>Comparison of UChicago to a few other school’s endowment on a side note:
Berkeley, $3.15 billion
Cambridge, $6.8 billion
Oxford, $5.2 billion
Columbia, $7.8 billion
Northwestern, $7.2 billion
Penn, $6.6 billion
UChicago, $6.3 billion</p>