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==Academics== Four of the Sun Belt's member schools, [[Georgia State University|Georgia State]], [[University of Louisiana at Lafayette|Louisiana]], [[Old Dominion University|Old Dominion]] and [[University of Southern Mississippi|Southern Miss]] are doctorate-granting universities with "very high research activity," the highest classification given by the [[Carnegie Foundation for the Advancement of Teaching]].<ref name="carnegie">{{cite web|url=https://carnegieclassifications.iu.edu/lookup/lookup.php|title=Carnegie Classifications Institution Lookup |publisher=[[Carnegie Foundation for the Advancement of Teaching]] |year=2021 |access-date=October 26, 2021 }}</ref> [[Appalachian State University|Appalachian State]] is also currently ranked as one of the Top 10 regional schools in the South by the ''[[U.S. News & World Report]]''. {| class="wikitable sortable" style="text-align:center; margin:1em auto; font-size:95%" |- ! University ! Affiliation ! [[Carnegie Classification of Institutions of Higher Education|Carnegie]]<ref name="carnegie"/> ! [[Financial endowment|Endowment]]<ref>{{cite web |url=http://www.nacubo.org/Documents/EndowmentFiles/2013NCSEEndowmentMarket%20ValuesRevisedFeb142014.pdf |title=National Association of College and University Business Officers |publisher=National Association of College and University Business |year=2013 |access-date=July 1, 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140521022511/http://www.nacubo.org/Documents/EndowmentFiles/2013NCSEEndowmentMarket%20ValuesRevisedFeb142014.pdf |archive-date=May 21, 2014 }}</ref> ! [[U.S. News and World Report#Best Colleges|''US News'']]<ref name="US News Rankings">{{cite web|url=https://www.usnews.com/best-colleges/rankings/national-universities|title=2022-2023 Best College Rankings and Lists |work=[[U.S. News & World Report]] |year=2022 |access-date=September 13, 2022 }}</ref> ! [[Forbes Magazine's List of America's Best Colleges|''Forbes'']]<ref>{{cite web|url=https://www.forbes.com/top-colleges/ |title=Forbes America's Top Colleges 2021 |work=[[Forbes]] |year=2021 |access-date=2021-10-22}}</ref> |- ! {{sort|Appalachian State|[[Appalachian State University]]}} | [[Public university|Public]] ([[University of North Carolina|UNC]]) | {{ntsh|4}}Research (High) | {{ntsh|10}}$99,593,000<ref name="nacubo.org">{{cite web |title=U.S. and Canadian Institutions Listed by Fiscal Year (FY) 2017 Endowment Market Value and Change* in Endowment Market Value from FY2016 to FY2017 |url=http://www.nacubo.org/Documents/research/2017-Endowment-Market-Values-2.pdf |publisher=National Association of College and University Business Officers and Commonfund Institute |access-date=February 22, 2018 |archive-date=March 6, 2018 |year=2018 |url-status=dead |archive-url=https://wayback.archive-it.org/all/20180306015434/http://www.nacubo.org/Documents/research/2017-Endowment-Market-Values-2.pdf }}</ref> | {{ntsh|997}}6 (Regional: South) | {{ntsh|301}}301 |- ! {{sort|Arkansas State|[[Arkansas State University]]}} | Public ([[Arkansas State University System|ASU System]]) | {{ntsh|2}}Research (High) | {{ntsh|11}}$66,217,000<ref name="nacubo.org"/> | {{ntsh|317}}317 (National) | {{ntsh|651}}N/A{{refn|group=d|Arkansas State is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Coastal Carolina|[[Coastal Carolina University]]}} | Public | {{ntsh|4}}Master's (Larger) | {{ntsh|13}}$39,432,000<ref name="nacubo.org"/> | {{ntsh|998}}38 (Regional: South) | {{ntsh|651}}N/A{{refn|group=d|Coastal Carolina is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Georgia Southern|[[Georgia Southern University]]}} | Public ([[University System of Georgia|USG System]]) | {{ntsh|2}}Research (High) | {{ntsh|12}}$50,999,000<ref name="nacubo.org"/> | {{ntsh|331}}331-440 (National) | {{ntsh|651}}N/A{{refn|group=d|Georgia Southern is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Georgia State|[[Georgia State University]]}} | Public (USG System) | {{ntsh|1}}Research (Very High) | {{ntsh|6}}$155,303,000<ref name="nacubo.org"/> | {{ntsh|234}}234 (National) | {{ntsh|367}}367 |- ! {{sort|James Madison|[[James Madison University]]}} | Public | {{ntsh|2}}Research (High) | {{ntsh|8}}$116,700,000<ref name="endowmentmarketvalue">{{cite report |url=https://www.nacubo.org/-/media/Documents/Research/2020-NTSE-Public-Tables--Endowment-Market-Values--FINAL-FEBRUARY-19-2021.ashx |title=U.S. and Canadian Institutions Listed by Fiscal Year 2020 Endowment Market Value and Change in Endowment Market Value from FY19 to FY20 |publisher=National Association of College and University Business Officers and [[TIAA]] |date=February 19, 2021 |access-date=February 20, 2021}}</ref> | {{ntsh|151}}151 (National) | {{ntsh|139}}139 |- ! {{sort|Louisiana-Lafayette|[[University of Louisiana at Lafayette]]}} | Public ([[University of Louisiana System|UL System]]) | {{ntsh|1}}Research (Very High) | {{ntsh|5}}$178,300,000<ref>{{Cite web|url=http://www.theadvocate.com/baton_rouge/news/education/article_4ffea844-e96b-11e6-844d-07fc2cf1a615.html|title = Louisiana university endowments following national downturn; here's what that means for LSU, others| date=11 February 2017 }}</ref> | {{ntsh|331}}331-440 (National) | {{ntsh|651}}N/A{{refn|group=d|Louisiana-Lafayette is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Louisiana-Monroe|[[University of Louisiana at Monroe]]}} | Public (UL System) | {{ntsh|3}}Doctoral/Research | {{ntsh|14}}$28,787,795<ref>{{cite book |title=Financial Report for the Years Ended June 30, 2019 and 2018 |date=December 17, 2019 |publisher=University of Louisiana Monroe Foundation |page=26 |chapter=Notes to the Financial Statements Β§ Note 10 - Endowments}}</ref> | {{ntsh|331}}331-440 (National) | {{ntsh|651}}N/A{{refn|group=d|Louisiana-Monroe is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Marshall|[[Marshall University]]}} | Public | {{ntsh|2}}Research (High) | {{ntsh|3}}$192,000,000<ref name="endowmentmarketvalue" /> | {{ntsh|299}}299 (National) | {{ntsh|651}}N/A{{refn|group=d|Marshall is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Old Dominion|[[Old Dominion University]]}} | Public | {{ntsh|1}}Research (Very High) | {{ntsh|2}}$265,800,000<ref name="endowmentmarketvalue" /> | {{ntsh|299}}299 (National) | {{ntsh|472}}472 |- ! {{sort|South Alabama|[[University of South Alabama]]}} | Public | {{ntsh|2}}Research (High) | {{ntsh|1}}$555,735,000<ref name="nacubo.org"/> | {{ntsh|331}}331-440 (National) | {{ntsh|651}}N/A{{refn|group=d|South Alabama is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Southern Miss|[[University of Southern Mississippi]]}} | Public | {{ntsh|1}}Research (Very High) | {{ntsh|7}}$136,300,000<ref name="endowmentmarketvalue" /> | {{ntsh|331}}331-440 (National) | {{ntsh|651}}N/A{{refn|group=d|Southern Miss is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |- ! {{sort|Texas State|[[Texas State University]]}} | Public ([[Texas State University System|TSU System]]) | {{ntsh|2}}Research (High) | {{ntsh|4}}$186,676,000<ref name="nacubo.org"/> | {{ntsh|331}}331-440 (National) | {{ntsh|385}}385 |- ! {{sort|Troy|[[Troy University]]}} | Public ([[Troy University System|TU System]]) | {{ntsh|4}}Doctoral/Research<ref>{{cite web | url=https://today.troy.edu/news/troy-achieves-historic-milestone-with-ache-instructional-role-change/ | title=TROY achieves historic milestone with ACHE instructional role change | date=8 September 2023 }}</ref> | {{ntsh|9}}$191,458,000<ref>{{cite web | url=https://www.troy.edu/_assets/irpe/_documents/endowment-values-returns.pdf | title=TROY endowment values and returns | date=15 January 2024 }}</ref> | {{ntsh|999}}44 (Regional: South) | {{ntsh|651}}N/A{{refn|group=d|Troy is not ranked in the 2022 ''Forbes'' America's Best Colleges rankings.}} |}
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