The approved lease establishes royalty payments between the city and Pioneer Oil, which plans to drill on Indiana University State's campus.
The Washington Monthly College Guide rated ISU number one out of 281 universities across the nation for community engagement among students.
The lease is more than a revenue source, but also an incentive to keep Terre Haute International Airport's air traffic control tower secured.
Enrollment and applications to schools of education are down in Indiana and nationwide.
ISU's new Scott College of Business features 11 classrooms and offices for 50 faculty, administrators and staff.
Administrators at Indiana State University push diversity initiatives to the forefront.
Indiana State University is continuing to see growing numbers of students.
Indiana State University's enrollment record means more revenue is coming into the University.
Vigo County educators will visit K-12 classrooms to compare US education to education overseas.