These are the top 15 richest public colleges

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Endowment funds are money donated to schools for the school to invest.

Chron.com reported that all of the schools have over $960 million in endowments. Three have over $5 billion in donations.

The top 15, which includes Georgia Tech, UNC Chapel Hill, University of Washington, The University of Texas at Austin, Ohio State, The University of Virginia and Texas A&M, among others, is below:

15. University of California - Berkeley ($1.67 billion endowment)

14. Georgia Institute of Technology ($1.89 billion endowment)

13. Pennsylvania State University ($2.26 billion endowment)

12. Purdue University ($2.45 billion endowment)

11. Michigan State University ($2.55 billion endowment)

10. University of North Carolina at Chapel Hill ($2.66 billion endowment)

9. University of Washington - Seattle ($2.92 billion endowment)

8. University of Minnesota - Twin Cities ($2.99 billion endowment)

7. University of Wisconsin-Madison ($3.13 billion endowment)

6. The University of Texas at Austin ($3.38 billion endowment)

5. University of Pittsburgh ($3.47 billion endowment)

4. Ohio State University ($3.60 billion endowment)

3. University of Virginia ($5.88 billion endowment)

2. University of Michigan - Ann Arbor ($9.60 billion endowment)

1. Texas A&M University - College Station ($10.52 billion endowment)

The full list of the 25 richest colleges, and more statistics on each, can be found at StartClass.