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Pomona College Responds to U.S. Senate Committee on Finance Request for Information

In response to a request from the U.S. Senate Committee on Finance, Pomona President David Oxtoby has submitted information to Senators Max Baucus and Charles Grassley on Pomona College's endowments, financial aid and college costs

"All of our financial planning and decision making is designed to assure that the intentions of our founders and benefactors are protected in perpetuity, at the same time that we challenge ourselves to do everything we can to provide a superior education for the students who are here today," says President Oxtoby in the letter. "This balance between serving today’s students and guaranteeing the same for tomorrow’s students is our legacy, and our financial management policies are designed to protect that legacy."

The entire response, which includes data on tuition costs, scholarships awarded and endowment management, is available online [pdf] .