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Indiana Tech raises $29 million during 5-year fundraising campaign

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press
Wednesday, July 11, 2012 - 8:56 am

Indiana Tech has raised $29 million during a five-year fundraising campaign that ended June 30.

The private university based in Fort Wayne says the money will endow 18 new scholarship funds, help build or renovate labs, pay for a geothermal heating and cooling system that functions as a living laboratory for engineering students, and support other campus improvements.

President Arthur Snyder called the campaign a tremendous achievement considering the economic climate. The original goal was to try to raise $19 million, but that goal was increased to $25 million when the original goal was met in less than three years.

Indiana Tech has branches in Elkhart, Fishers, Greenwood, Huntington, Indianapolis, Jeffersonville, Kendallville, Mishawaka, Munster, Plainfield, Warsaw and Kentucky.