Rose-Hulman raises $250M for scholarships, buildings

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Officials of Rose-Hulman Institute of Technology announced Wednesday the school has successfully completed its years-long $250 million fundraising campaign.

Officials say the funds raised since 2018 will increase the number of student scholarships. They also have brought new workspaces and classrooms to the campus and solidified the Terre Haute school’s standing in undergraduate science, technology, engineering, and mathematics education.

Rose-Hulman President Robert A. Coons says The Mission Driven Campaign has transformed the school and prepared it to better meet the challenges of being a top STEM college.

“We’re grateful for the commitment by so many in support of providing our students with the world’s best undergraduate STEM education in an environment of individual attention and support,” Coons said in a statement.

An increased number of student scholarships as a result of fundraising, including $10 million donation from alumnus and Board of Trustees chairman Niles Noblitt and his wife, Nancy, has helped drive student enrollment, officials said. And a $15 million donation from an unnamed donor has led to the construction of a $29 million, 70,000-square-foot academic building that will open during the 2021-2022 school year.

Founded in 1874, Rose-Human has an enrollment of approximately 2,000 undergraduate students and nearly 100 graduate students.

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In