provost for the university on September 1, 2020.
Students are formally involved in the university's administration through the Associated Student Government, elected representatives of the undergraduate students, and the Graduate Student Association, which represents the university's graduate students.
The admission requirements, degree requirements, courses of study, and disciplinary and degree recommendations for each of Northwestern's 12 schools are determined by the voting members of that school's faculty (assistant professor and above).
=== Endowment ===
Northwestern maintains an endowment of $14.3 billion, the eighth-largest university endowment among private universities in the United States. The endowment is sustained through donations and is maintained by investment advisers at the university's Investment Office.
== Academics ==
=== Admissions ===
Northwestern University's admissions are characterized as "most selective" by U.S. News & World Report. Northwestern received a record 52,225 applications …