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Posts tagged ‘Pomona College’

10
Jul

Executive Compensation at Pomona College

Pomona College (Pomona) in Claremont, California is often referred to as the Harvard of the West (Forbes ranked Pomona the number one college in America in 2015). With only 1,700 students, Pomona charges about $50,000 for tuition and another $16,000 for room and board annually, which is in line with other top private colleges in the country.

Pomona reported $236 million in revenue in 2016 – about half ($104 million) of which came from tuition, room and board payments. The remaining revenue primarily came from the sale of assets ($75 million) and contributions, gifts and grants ($44 million). Expenses totaled $192 million (net of depreciation) including $38 million in tuition assistance to 973 students (an average of $41,000 each). At year-end, Pomona had $2.4 billion in net fund assets. Read more »