Overall inflation was right at 0.1% in 2015 according to a website I looked at. So the Fund grew a bit more than inflation, though I am not sure how much was investment or growth through giving.
I don't have any easy to find numbers for App State specifically (though I could access my daughters account I guess if anyone REALLY wants some hard numbers) but college costs on average have been rising around 3% a year for most colleges but has been as high as 5%. At best the fund is barely keeping pace with costs and most likely it is slipping a little behind.
Hopefully, everything I am posting is moving people to give or give more to the Appalachian Fund. It is a bit depressing to be honest, but not futile and something that makes for a call to action more than a giving up.
On a final note my oldest did get a small merit scholarship for the coming year. I am not sure of the funding source be it from Appalachian Fund or NC Lottery proceeds but happy to have the grant.
- Who is online
- In total there are 2 users online :: 0 registered, 0 hidden and 2 guests
Most users ever online was 1551 on Sun Sep 02, 2018 4:31 pm
Users browsing this forum: No registered users and 2 guests