KU Has Record Setting Donation Year
Associated Press - September 2, 2014 11:13 am
The University of Kansas plans to let freshmen decide whether to lock in tuition costs over four years or to gamble that yearly rates won't increase dramatically.
The University of Kansas says it received a record $253.2 million in donations in the fiscal year that ended June 30.
The university said in a news release Tuesday that the donations compared with $174.2 million donated the previous fiscal year.
The contributions to the university and the University of Kansas Hospital included $193.1 million in outright gifts and pledges, $59.1 million in deferred gifts and $1 million in contributions directly to the university.
The donations allowed the university to create seven new professorship and fund 91 new scholarships and fellowships. The statement says the money also will be used to expand or build several buildings, including Capitol Federal Hall, the DeBruce Center and the Earth, Energy and