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U-M raises $5.28B
ANN ARBOR — The University of Michigan said it pulled in $5.28 billion during its multiyear fundraising campaign that wrapped up at the end of 2018.
The school released last month the final results of its Victors for Michigan campaign, which saw more than 398,000 donors make contributions.
Of the total, the school said more than $1.22 billion is for student support, such as undergraduate and graduate scholarships and fellowships.
About $1.71 billion is for programs in areas such as engaged learning, patient care, music, arts and libraries.
About $1.47 billion is for distinguished faculty and research.
The fundraising campaign was publicly launched in 2013 with a $4-billion goal, a mark that was surpassed in 2017. The school announced in October it had reached $5 billion.