### Question
What does endowment fund income mean?


### Answer
**Endowment fund income** has the following meaning in *20 U.S.C. § 1065*:

> an amount equal to the total value of the endowment fund established under this section minus the endowment fund corpus

#### Citation:
  - *20 U.S.C. § 1065*
  - Heading: **CHAPTER 28-HIGHER EDUCATION RESOURCES AND STUDENT ASSISTANCE > SUBCHAPTER III-INSTITUTIONAL AID > Part C-Endowment Challenge Grants for Institutions Eligible for Assistance Under Part A or Part B**

