Stanford Raises $6.2-Billion, a Record for Higher Education

In a five-year fund-raising campaign that concluded December 31, Stanford University raised $6.2-billion, the largest sum ever collected in a single campaign by a higher-education institution, the university announced on Wednesday. The money will go toward a variety of university projects, including 38 new or renovated campus buildings, $250-million in need-based scholarships for undergraduate students, 130 new endowed faculty appointments, and 360 new fellowships for graduate students. More than 166,000 alumni, parents, students, and others made 560,000 donations since the campaign began in 2006, the university said in a news release.

Stanford Raises $6.2-Billion, a Record for Higher Education