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It has an endowment system which is very generous and ensures that the poorest students can have their fees paid for in their entirety.
Nicola Sturgeon, the first minister and SNP leader, again hailed her party's flagship policy of introducing free university tuition fees – it scrapped Scotland's former graduate endowment system for repaying tuition costs in 2008 – at the SNP's annual conference earlier this month.
The endowment system itself was later abolished so that all students domiciled and studying at Scottish universities did not have to pay any fees towards their tuition costs.
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She suggested that the Graduate Endowment, a system abolished by the SNP Government, could be reinstated if Labour were re-elected at the next Scottish parliamentary election.
"This is a beautiful cemetery, but it really needs a better system for endowment," Mr. Stubbs said.
Looking forward to a future low-carbon power system, the endowment effect could possibly be harnessed at a community scale, for example by offering consumers living near wind farms an electricity tariff with power banding that is linked to the output of the wind farm.
The $1.7 million study will be funded by money from the university system's endowment, one of the wealthiest in the nation. .
It is only appropriate that we create an endowment for the Park System that honors the park service's mission to protect them in perpetuity instead of having to depend on an anemic annual budget.
The rising cost of medicine and a shrinking endowment forced the organization to look at revamping its system.
However, British universities lack the generous endowments make the American system of bursaries possible.
"Universities have their own thing going — they want to build infrastructure and endowments and perpetuate their system, which isn't necessarily in the social interest," Mr. Gross said.
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