of endowment; within $2 million of the fifth-rated school. As of June 30, 2021, MSU's endowment had a market value of $4.4 billion.
== Colleges ==
MSU has over 200 academic programs offered by 17 degree-granting colleges.
=== Residential colleges ===
MSU's first residential college, Justin Morrill College started in 1965 with an interdisciplinary curriculum. MSU closed Morrill College in 1979, but today the university has three residential colleges, including the recent opening of the Residential College in Arts & Humanities (RCAH) located in Snyder and Phillips halls.
Established in 1967, James Madison College is a smaller component residential college featuring multidisciplinary programs in the social sciences, founded on a model of liberal education. James Madison College is housed in Case Hall. Classes in the college are small, with an average of 25 students, and most instructors are tenure track faculty. James Madison College has about 1150 students total, with each freshman class containing about 320 …
