March 12, 2008

In January, Amherst and 135 other colleges and universities with endowments of $500 million or more across the country were contacted by Sens. Max Baucus and Charles Grassley, leaders of the U.S. Senate Committee on Finance. The legislators asked for clarification on the schools’ undergraduate tuition, spending on financial aid and endowment growth, among other things. “Your letter and request for information comes at a time when Amherst College and its Board of Trustees have been focusing a great deal of attention and resources on the issues you raise,” wrote President Anthony W. Marx in response to the senators. “Since its founding in 1821, the College has made it a priority to ensure that an Amherst education is affordable for all of our undergraduates, and we remain as dedicated as ever to that mission.”To read the full text of Marx’s letter—which also includes data on student enrollment, grants and scholarships and recruiting initiatives—click here:

Amherst's Response to Senate Finance CommitteeAmherst's Response to Senate Finance Committee