The economic crisis affecting local colleges and universities is hitting hard for those needing scholarships. And with endowments fluctuating with the volatile market, one program at East Carolina is turning to their "friends."
The School of Theatre and Dance at East Carolina is depending on their friends foundation to offset the loss in endowment money meant to bring in the best schools.
Students say with rehearsals, class and other commitments they cannot work and go to school, so scholarship money is key to keep them on the stage.
According to ECU, their endowments dropped 29 percent during the four month period that ending in January.