For the six-month period ending in December, college endowments nationwide lost an average of 24 percent, according to the nonprofit Commonfund Institute of Connecticut, forcing a handful of small regional universities to make significant cutbacks to their scholarship funds for the upcoming fall semester (“ More Bad News on Campus: Scholarships Drying Up,” Associated Press , March 12, 2009). This year, Eastern Washington University in Cheney, Washington, provided half a million dollars for 500 scholarships, said Mike Westfall, vice president for university advancement

Continued here: 
College Scholarships Dry Up Along With Endowment Funding

The University of California public school system is considering increasing the number of out-of-state students it accepts in an effort to help UC schools bring in more revenue and offset cuts in state funding, reports the Los Angeles Times (“ UC Officials Debate Accepting More Non-Californians to Boost Revenue ,” Jan. 4, 2008). With the California budget gap now reaching nearly $15 billion and the state’s contribution to the UC system per student having fallen nearly 40 percent since 1990, the school system hopes increasing the number of out-of-state students will provide a substantial funding boost.

See the rest here: 
UC System Needs a Boost of Higher-Paying Students