[Giving]The HBCU Endowment Feature – Tennessee State University

photo from tnstate.edu

Story from HBCUMoney.com

School Name: Tennessee State University

Median Cost of Attendance: $24 125

Undergraduate Population: 7 105

Endowment Needed: $3 428 162 560

 

Analysis: Tennessee State University needs approximately $3.4 billion to allow all of its students to attend debt free annually. The HBCU with the eight largest endowment going into 2012 is poised with new leadership at the helm – and fair or unfair some would say a continuing identity crisis. Leadership has challenged alumni chapters to raise what could be an estimated $3 million which could put Tennessee State University in striking distance of seventh place but would need to double its current endowment of $38 million to make a run at sixth place.

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