|
Five-Year Financial Overview ($ in millions)
|
1997
|
1996
|
1995
|
1994
|
1993
|
|
Operating Results:
|
|
|
|
|
|
|
Operating deficit
|
(3.8)
|
(7.5)
|
(11.1)
|
(17.0)
|
(14.8)
|
| |
|
|
|
|
|
|
Endowment:
|
|
|
|
|
|
|
Total investments
|
5,759.1
|
4,860.6
|
3,981.8
|
3,549.3
|
3,243.7
|
|
Total return on investments
|
21.8%
|
25.7%
|
15.7%
|
12.0%
|
17.3%
|
|
Spending from endowment
|
4.0%
|
4.3%
|
4.2%
|
4.1%
|
4.2%
|
| |
|
|
|
|
|
|
Facilities:
|
|
|
|
|
|
|
Land, buildings and equioment, net of accumulated depreciation
|
923.5
|
819.6
|
734.6
|
671.7
|
634.8
|
|
Disbursements for building projects
|
130.6
|
118.1
|
87.8
|
62.1
|
67.9
|
| |
|
|
|
|
|
|
Debt:
|
|
|
|
|
|
|
For facilities improvements
|
529.3
|
453.9
|
392.7
|
324.3
|
333.9
|
|
For student loans
|
45.1
|
45.2
|
35.2
|
28.1
|
26.0
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
Five-Year Enrollment Statistics
|
1997
|
1996
|
1995
|
1994
|
1993
|
|
Student Fees:
|
|
|
|
|
|
|
Yale College term bill
|
$28,880
|
$27,630
|
$26,350
|
$25,110
|
$23,700
|
| |
|
|
|
|
|
|
Freshmen Enrollment:
|
|
|
|
|
|
|
Freshmen applications
|
12,952
|
12,620
|
12,991
|
10,705
|
11,054
|
|
Freshmen admitted
|
2,371
|
2,522
|
2,451
|
2,453
|
2,455
|
|
Admissions rate
|
18.3%
|
20.0%
|
18.9%
|
22.9%
|
22.2%
|
|
Freshmen enrollment
|
1,409
|
1,364
|
1,308
|
1,317
|
1,326
|
|
Yield
|
59.4%
|
54.1%
|
53.4%
|
53.7%
|
54.0%
|
| |
|
|
|
|
|
|
Total Enrollment:
|
|
|
|
|
|
|
Yale College
|
5,312
|
5,236
|
5,166
|
5,217
|
5,194
|
|
Graduate and professional schools
|
5,646
|
5,660
|
5,703
|
5,675
|
5,662
|
|
Three-Year Financial Overview ($ in millions)
|
1997
|
1996
|
1995
|
|
|
|
Financial Position Highlights:
|
|
|
|
|
|
|
Total assets
|
7,362.9
|
6,327.9
|
5,311.3
|
|
|
|
Total liabilities
|
857.3
|
759.6
|
663.0
|
|
|
|
Total net assets
|
6,506.6
|
5,568.3
|
4,648.3
|
|
|
|