The 20 richest boarding schools in America
Cranbrook Schools / Facebook
Business Insider recently published a list of the most elite boarding schools in America. The ranking was based on three metrics weighted equally: endowment, acceptance rate, and average SAT score, primarily using data from BoardingSchoolReview.com, a website that collects information on boarding schools directly from the institutions. Here, we've re-ranked the schools based solely on endowment to determine which are the country's richest.
These funds, raised from generous donors and alumni, support schools' day-to-day operations and help provide financial aid to students. At Phillips Exeter Academy - the No. 1 school on our list with an endowment of $1.15 billion - nearly half of the student body benefits from financial aid.
Behind Exeter, Phillips Academy Andover took the No. 2 spot on the list with an endowment of $1 billion.
Read on to see the rest of the 20 richest boarding schools in America.
Additional reporting by Andy Kiersz.
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market