Harvard University continues to have the largest endowment of any U.S. higher education institution.

The 2019 NACUBO-TIAA Study of Endowments says that for fiscal 2019, Harvard's endowment was valued at $39.4 billion—more than $8.4 billion larger than the next largest endowment—nearly $31 billion at the University of Texas System.

The only other institution with an endowment of more than $30 billion is Yale University.

Data from 774 U.S. colleges and universities for the  NACUBO-TIAA Study found that endowments returned an average of 5.3% for the fiscal 2019 (July 1, 2018 – June 30, 2019) compared with 8.2 percent growth percent for the 2018 fiscal year.

Here are the 10 higher-education institutions that had the largest endowments in fiscal 2019.

Harvard University                                     $39,427,896,000

The University of Texas System              $30,958,239,000

Yale University                                             $30,314,800,000

Stanford University                                     $27,699,834,000

Princeton University                                    $26,116,022,000

Massachusetts Institute of Technology     $17,569,328,000

University of Pennsylvania                         $14,649,761,000

The Texas A&M University System            $13,514,527,000

University of Michigan                                 $12,448,816,00

University of California                                 $11,797,543,000