Indiana University is increasing its Bicentennial fundraising campaign after nearly meeting its original goal with more than two years left to go.
The university wanted to raise $2.5 billion by its bicentennial in 2020. It’s more than 80 percent there.
IU president Michael McRobbie announced this weekend the goal is increasing to $3 billion and the campaign will extend through June 2020.
“Extending the campaign and increasing its goal will enable IU to attract even more gifts for scholarships,” McRobbie says. “These will enable us to expand even further our recent extremely successful efforts to keep an IU education affordable and accessible for all Indiana citizens and continue to provide students with the best possible teaching and learning opportunities.”
The money is being used to –among other things – fund scholarships and endow faculty positions.