The public and private endowments are shared by Mississippi's three historically Black universities Alcorn State, Jackson State and Mississippi Valley State.
The settlement stipulated that 28.3 percent each of the private endowment goes to Alcorn and Valley and 43.4 percent to the larger Jackson State. To tap into the endowment, the three schools were to bring their non-black enrollments to at least 10 percent for three consecutive years.
Scholarships, stronger recruiting and new programs attracted dozens of students from Russia, Canada, Latin America and other lands and allowed Alcorn State to reach the 10 percent goal. Neither Jackson State nor Mississippi Valley has done as well.
Once the universities obtained a 10 percent "other race" enrollment for three consecutive years, they would receive the endowment funds to be used for educational programs.
PEER recommended the state College Board offer strategies to the three universities for raising additional income.
