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Khan, Muhammad Asif; Ashraf, Rohail; Baazeem, Thamer Ahmad S. – Journal of Applied Research in Higher Education, 2022
Purpose: State funding is being reduced for higher education institutes (HEIs) is linked to several checks such as performance-based incentives (Hagood, 2019). This forces HEIs to look for other options for funding. Endowment funds are now becoming the main source of revenue for HEIs (Sörlin, 2007), largely provided by alumni. Thus, this study…
Descriptors: Endowment Funds, Educational Finance, Foreign Countries, Public Colleges