Oxbridge uplift disguises a drop in the size of the average UK endowment

David Matthews reports for the Times Higher on the Sutton Trust endowments research.

Average endowments at UK universities, excluding Oxford and Cambridge, have shrunk during the past decade, according to a report that shows they are falling even further behind their counterparts in the US.

US universities such as Stanford and Princeton have increased their endowments by more than 50 per cent since 2012 and are now sitting on more than £10 billion each.

In the UK, however, endowments have not grown and remain tiny in comparison, according to Academic Assets: University Fundraising – An Update, released on 26 June by the Sutton Trust.

The trust, which works towards getting more students from disadvantaged backgrounds into university, points out in the report that the hugely wealthy Ivy League universities have used income from their endowments to allow “needs blind” admissions by providing financial support to poor students.

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