largest endowment in the United States, and it had the greatest per-student endowment in the world at over $4.4 million per student. The endowment is sustained through continued donations and is maintained by investment advisers. Princeton's operating budget is over $2 billion per year, with 50% going to academic departments and programs, 33% to administrative and student service departments, 10% to financial aid departments, and 7% to the Princeton Plasma Physics Laboratory.
== Academics ==
=== Undergraduate ===
Princeton follows a liberal arts curriculum, and offers two bachelor's degrees to students: a Bachelor of Arts (A.B.) and a Bachelor of Science in Engineering (B.S.E.). Typically, A.B. students choose a major (called a concentration) at the end of sophomore year, while B.S.E. students declare at the end of their freshman year. Students must complete distribution requirements, departmental requirements, and independent work to graduate with either degree. A.B. students must complete distribution …
