TERRE HAUTE, Ind. (WTWO/WAWV) — The Rose-Hulman Institute of Technology in Terre Haute announced Wednesday it has completed a $250 million fundraising campaign to help increase student scholarships and build new learning spaces.
The Mission Driven Campaign for Rose-Hulman raised funds to support education in numerous areas, including:
- $127 million raised for student scholarships and financial aid.
- $81 million raised for the Fund for Rose-Hulman.
- $30 million raised for new spaces to expand networking and learning; and
- $12 million raised for faculty support, global and diversity initiatives.
The campaign raised over $50 million throughout 2020 and over $100 million since 2018.
“The Mission Driven Campaign for Rose-Hulman has transformed our campus and prepared us to better meet the challenges of being a top STEM college focused on undergraduate education,” Rose-Hulman President Robert Coons said. “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 he thinks that in order to remain at the forefront of STEM higher education, Rose-Hulman needed to hire experienced faculty and staff, bring in academically strong and culturally diverse students and update facilities and equipment.
Increased student scholarships funded by the campaign drove Rose-Hulman’s enrollment up. These scholarships include:
- Alumnus and Board of Trustees chair Niles Noblitt and his wife, Nancy, establishing the Noblitt Scholars program with a $10 million gift.
- Linda and Mike Mussallem, an alumnus and trustee, adding a $4.1 million scholarship gift supporting students from northwest Indiana and the Chicagoland area.
Other donations allowed for updates and construction on campus, including:
- A $15 million lead gift from a donor funding the construction of a new $29 million, 70,000-square-foot academic building, opening for the 2021-22 school year;
- More than $16 million from Lilly Endowment, Inc. supporting initiatives such as Ask Rose Homework Hotline, PRISM, ESCALATE and Mindful Connections.
- A $10.5 million gift from Linda and Mike Mussallem allowing for the $21 million expansion of the institute’s Mussallem Union, dedicated in May 2018.
“These new workspaces, laboratories and classrooms provide our faculty with the tools to in turn provide our students with the skills desired by industry throughout the world and the nation’s leading graduate and doctorate programs,” Jeffrey Harrison, president and chief executive officer of Citizens Energy Group in Indianapolis, said.
Campaign proceeds also supported the installation of new synthetic turf, creating two multipurpose fields used for athletics and intramural sports.