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What are private universities?

Posted on Jun 28, 2016

Private Universities are funded by a combination of endowments, tuition fees, research grants, and gifts from their alumni. For instance, Anand Mahindra gave Harvard $10 million in 2010 to support a Humanities Center that was renamed the Mahindra Humanities Center in honor of his mother, Indira Mahindra. Tuition fees at private universities tend to be higher than public universities, but many private universities are more likely to offer financial aid as well.

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