The Pitt News

The committee approved a flat distribution rate from the University’s endowment this year in the wake of the COVID-19 pandemic.

Endowment distribution to remain the same for 2022 fiscal year

By Natalie Frank, News Editor June 15, 2021
The Investment Committee of Pitt’s Board of Trustees voted at a public meeting Thursday morning to keep the spending policy and distribution from the University’s endowment funds the same in the 2022 fiscal year.
The investment committee of the board of trustees met Tuesday via Zoom.

Board committee approves flat endowment distribution rate

By Jon Moss, Editor-in-Chief June 16, 2020
Pitt will not increase the payout from its endowment for fiscal year 2021, a board committee unanimously voted Tuesday.
Pitt’s Investment Committee approved a new spending policy that increases the amount of University funding directly supporting financial aid.

New Pitt spending policy increases support for financial aid

By Janine Faust, Editor-in-chief June 25, 2019
At a public meeting in Posvar Hall Monday morning, Pitt’s Investment Committee approved a new spending policy that increases the amount of University funding directly supporting financial aid.
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