Princeton won't have to pay net investment income tax on returns from its $36.4 billion endowment. A recent expansion of its undergraduate financial aid program left the university below a 3,000 tuition-paying student threshold to qualify for taxation. www.dailyprincetonian.com/article/2026...
www.dailyprincetonian.com
The University’s expanded financial aid program has brought its number of tuition-paying students below the threshold for a new 8 percent federal tax on the wealthiest university endowments enacted by...
