{"id":281,"date":"2022-01-26T14:01:10","date_gmt":"2022-01-26T20:01:10","guid":{"rendered":"https:\/\/wp.stolaf.edu\/presidentialsearch\/?page_id=281"},"modified":"2023-06-07T08:32:55","modified_gmt":"2023-06-07T13:32:55","slug":"financial-plan","status":"publish","type":"page","link":"https:\/\/wp.stolaf.edu\/presidentialsearch\/financial-plan\/","title":{"rendered":"Financial Plan"},"content":{"rendered":"<div data-modular-content-collection><!-- begin-migrated-from-panel-builder -->\t\t\t<div\n\t\t\tclass=\"site-section site-panel__image_overlay panel panel-image_overlay site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"image-overlay\"\n\t\t>\n\t\n\t\t<div class=\"site-section__inner site-section__inner--no-padding\">\n\n\t\n\t\t\n\t\n\t\n\t<div role=\"img\" aria-label=\"Winter19-001-X2\" style=\"background-image:url('https:\/\/i0.wp.com\/wp.stolaf.edu\/presidentialsearch\/files\/2022\/01\/Winter19-001-X2.jpg?resize=1279%2C853&#038;ssl=1');\" loading=\"lazy\"  class=\"site-section__bg-img site-section__bg-img--m-stack\"><\/div>\n\n\t\n\t\t\t\t\n                \n\t<div id=\"site-panel__image-overlay-69d05a106e058\" class=\"site-panel__img-overlay-wrap site-panel__img-overlay--no-ribbon horz-center vert-middle no-height-set\">\n\n\t\t<div class=\"site-panel__img-overlay-content\">\n\t\t\t<div class=\"t-content t-content--light\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"site-section__desc\"\n\t\t\t\t\t\tdata-depth=\"0\"\n\t\t\t\t\t\tdata-name=\"content\"\n\t\t\t\t\t\tdata-autop\n\t\t\t\t\t\tdata-livetext\n\t\t\t\t\t>\n\t\t\t\t\t\t<h5 style=\"text-align: center;\"><span style=\"font-weight: 400;\">St. Olaf \u2018s nearly $750 million endowment <\/span><span style=\"font-weight: 400;\">supports many aspects of the life of the College, including financial aid for students, professorships and academic and co-curricular programs. Sinking funds, set aside to meet long-term debt service obligations, are included in the Endowment.<\/span><\/h5>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\n\n\t\t\t\t\n\t\t<\/div>\n\n\t\t\t<\/div>\n\t\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__wysiwyg panel panel-wysiwyg site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"wysiwyg\"\n\t\t>\n\t\n\t\t\t<div class=\"site-section__inner l-wrapper \">\n\t\n\t\n\t\t\n\t\n\t\n\t<div class=\"site-section__content \">\n\t\t<div class=\"site-grid site-grid__wrapper site-grid__wrapper-stagger\"\n\t\t\t data-depth=\"0\"\n\t\t\t data-name=\"columns\"\n\t\t\t data-livetext>\n\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content \"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"0\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The Endowment is broadly diversified with allocations to domestic and international equities, private equity, fixed income, hedge funds and real assets.<\/span><\/p>\n<p><a class=\"cta\" href=\"\/\/wp.stolaf.edu\/finance\/investment\/\u201d\" target=\"_blank\" rel=\"noopener\">Learn more about St. Olaf\u2019s endowment and financial management<\/a><\/p>\n<p><span style=\"font-weight: 400;\">The college is committed to meeting the demonstrated financial need of every student. In the 2021-22 academic year, 98% of our students received need- or merit-based financial aid. Any student who applies and is admitted through early decision receives a minimum of $20,000 in St. Olaf scholarships.<\/span><\/p>\n<p><a class=\"cta\" href=\"\/\/wp.stolaf.edu\/admissions\/afford\/\u201d\" target=\"_blank\" rel=\"noopener\">Learn more about financial aid at St. Olaf<\/a><\/p>\n<p><span style=\"font-weight: 400;\">For the 2021-22 academic year, gift revenue totaled $45.9 million, including $13.4 million in cash gifts. The college has nearly 38,000 alumni over record, with an alumni participation rate of 22 percent.<\/span><\/p>\n<p><a class=\"cta\" href=\"\/\/wp.stolaf.edu\/news?category=giving\u201d\" target=\"_blank\" rel=\"noopener\">Explore giving stories<\/a><\/p>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\n\t\t<\/div> <!-- .site-grid, .site-grid__wrapper -->\n\t<\/div> <!-- site-section__content -->\n\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\n\t\t\t<\/div>\n\t\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__micronavbutton panel panel-micronavbutton site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"micronavbutton\"\n\t\t>\n\t\n\t    <div class=\"site-section__inner site-section__inner--top-padding-none site-section__inner--bottom-padding-none micronavbutton\">\n\n\t\t\n\t\n\t<div class=\"site-grid site-grid__no-gutters\"\n\t     data-depth=\"0\"\n\t     data-name=\"buttons\"\n\t     data-livetext\n\t>\n\n\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t<a class=\"site-panel__micronavbtn-btn u-bc-cranberry\"\n\t\t\t\t   \thref=\"https:\/\/wp.stolaf.edu\/presidentialsearch\/strategic-plan\/\"\n\t\t\t\t   \ttarget=\"\"\n\t\t\t\t>\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-label\">\u2190 Strategic Plan<\/span>\n\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-desc\">\n\t\t\t\t\t\t\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t<a class=\"site-panel__micronavbtn-btn u-bc-teal\"\n\t\t\t\t   \thref=\"https:\/\/wp.stolaf.edu\/presidentialsearch\/search-process-overview\/\"\n\t\t\t\t   \ttarget=\"\"\n\t\t\t\t>\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-label\">Search Process<\/span>\n\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-desc\">\n\t\t\t\t\t\t\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t<a class=\"site-panel__micronavbtn-btn u-bc-purple\"\n\t\t\t\t   \thref=\"https:\/\/wp.stolaf.edu\/presidentialsearch\/\"\n\t\t\t\t   \ttarget=\"\"\n\t\t\t\t>\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-label\">Presidential Search \u2192<\/span>\n\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-desc\">\n\t\t\t\t\t\t\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\n\t<\/div> <!-- .site-grid -->\n\n\n\t\t\t\t\n\t\t<\/div>\n\n\t\t\t<\/div>\n\t\n<!-- end-migrated-from-panel-builder --><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":3439,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-281","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/pages\/281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/users\/3439"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/comments?post=281"}],"version-history":[{"count":10,"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/pages\/281\/revisions"}],"predecessor-version":[{"id":921,"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/pages\/281\/revisions\/921"}],"wp:attachment":[{"href":"https:\/\/wp.stolaf.edu\/presidentialsearch\/wp-json\/wp\/v2\/media?parent=281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}