Rutgers says it hit new fundraising record in 2014-15

Rutgers says it hit new fundraising record in 2014-15

Rutgers says it hit new fundraising record in 2014-15 (8/5/15)

NEW BRUNSWICK - Rutgers University says it hit a new one-year fundraising record amid a time of rapid change for New Jersey's flagship state university.

The university announced Wednesday that it had raised nearly $188 million during the 2014-15 academic year, a 27 percent increase over the $148 million raised a year earlier.

The university says a surge in donations at the end of a 7½-year, $1 billion fundraising campaign helped.

In the last few years, Rutgers has benefited from a major overhaul of New Jersey's higher education system. It has also joined the high-profile Big Ten conference. Last week, it completed merging its law schools in Camden and Newark into one school.

Of the donations, $15 million are being used to create endowed chairs in biomedical and health sciences.

advertisement | advertise on News 12

Trending Video

From left to right: New Jersey State Trooper 1 New Jersey state troopers help deliver baby on I-287
Ruben Mondalto was able to wander away from 2 Toddler wanders away from Sayreville day care
The Pascack Valley High School girls lacrosse team 3 HS lacrosse team 'adopts' 8-year-old fighting brain cancer
News 12 New Jersey - Weather On The 4 New Jersey Weather Forecast
Sea Cliff's Troy Ramey was voted off 'The 5 Elisa's Entertainment for 4/26

advertisement | advertise on News 12

More News

Rutgers Board of Governors approved a 2.3 percent Rutgers approves 2.3 percent tuition increase

Rutgers University's Board of Governors approved raising tuition and fees 2.3 percent at a meeting

Rutgers University officials will discuss a possible tuition Rutgers University to consider tuition increase

Officials at Rutgers will discuss a possible 2.4 percent tuition increase at a meeting scheduled

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.