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On December 8, 2007, Duke announced a series of enhancements to undergraduate financial aid.
Gifts to the Financial Aid Initiative and the promise of its continued success play a significant role in Duke's ability to support these changes. Read the announcement here.
A Challenge
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Duke Management Company
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Duke Management Company (DUMAC), the independent corporation established to manage Duke's endowment, reported a 20.2 percent return on the university's endowment assets in 2005-06.
For the ten-year period ending June 30, 2006, DUMAC achieved a 16.3 percent average annual compound rate of return on the university's endowment assets. This was the second highest reported ten-year rate of return among a group of more than 450 colleges and universities.
For more information on Duke Management Company's extraordinary investment performance, visit www.dumac.duke.edu.
Next: Beyond the Numbers