<p>Stanford</a> is 1st college to raise $1B</p>
<p>Moderators, would you finally PLEASE replace that old highlighted thread from 2010 with something else, like maybe this great news for the school? This news bodes very well for their financial aid programs, among other things.</p>
<p>As a current Stanford student, it’s great to see that our alumni love our school as much as we do. : ) I’m going to have some fun teasing my mom and grandfather, who are Harvard alums, about how much more Stanford raised than H!</p>
<p>I agree with TheGFG–those threads at the top of this forum are way overdue for replacement. Thanks.</p>
<p>This info came out a little while ago from Stanford (see the [url=<a href=“http://talk.collegeconfidential.com/stanford-university/1404912-stanford-breaks-another-fundraising-record-1-035-billion.html]thread[/url”>Stanford Breaks Another Fundraising Record: $1.035 billion - Stanford University - College Confidential Forums]thread[/url</a>] I posted then, which includes additional info on Stanford’s fundraising), but this CAE study shows definitively that Stanford has topped the chart in fundraising for the 8th year in a row.</p>
<p>@zenkoan </p>
<p>lol…</p>
<p>Followed close behind by University of Cincinnati, which announced last week achieving its goal of $1 billion. :)</p>
<p>Stanford is an amazing school. Hope my D gets accepted waaaaay in the future:)</p>
<p>I’m glad to see my brother’s alma mater (UC Berkeley) do well too.</p>
<p>Well done Stanford! Kudos also to USC and Cal for representing California respectably…:)</p>
<p>California is the greatest</p>
<p>Congrats to Stanford for raising 1bil in this economy!</p>
<p>[Giving</a> to USC](<a href=“http://campaign.usc.edu/]Giving”>http://campaign.usc.edu/)
Comparable.
2.37 billion in around 2.5 years.</p>
<p>Hennessey said something to the effect that it was due to med school campaign winding down while the university campaign started up giving a major push from two ends.</p>
<p>$4.3 Billion at Penn : [The</a> Daily Pennsylvanian :: With $4.3 billion, Making History is single-largest fundraising effort for Penn](<a href=“http://www.thedp.com/article/2013/02/with-4-3-billion-making-history-is-single-largest-fundraising-effort-for-penn]The”>http://www.thedp.com/article/2013/02/with-4-3-billion-making-history-is-single-largest-fundraising-effort-for-penn)</p>
<p>That’s nice for Penn, but the point of this thread is that Stanford is the first college to raise $1B <em>in a single year</em>. That’s $ actually received last year, not just pledged. Stanford also has raised the most $ of any college for many consecutive years, as phantasmagoric explained above.</p>
<p>More importantly, when will these schools with big endowments start providing free tuition for all of their students. Successful fundraising is being followed by tuition-raising.</p>
<p>^ agreed completely. Soon enough, schools like Stanford will start to offer free tuition. Right now, HYPSM are in a “cold war” of sorts in which all agree not to eliminate tuition (if one did, the others would very quickly follow). These huge endowents are certainly capable (right now) of supporting their students without tuition or at least without tuition increases. Unfortunately, it will likely take action from Congress to force them to use their endowments to lower tuition.</p>
<p>
</p>
<p>As zenkoan pointed out, it’s not quite the same - that’s $2.37 billion in pledges and gifts. USC usually receives <$500m per year in gifts, about half of what Stanford usuall does. Among top schools, it’s not particularly difficult to get $1b+ in pledges/gifts in a single year, but it’s a big deal to raise such in just received gifts in a year. Also, USC’s total right now is a little misleading; the campaign left the quiet phase (the period before the official announcement of the campaign) relatively early, with about 15% of the goal raised (typically 30-50% is raised before the public announcement), and the beginning of a campaign always raises the most money. But Stanford raised $1b at the end of its campaign, which is also why it’s significant.</p>
<p>
</p>
<p>texaspg, what exactly do you mean by this / where did you hear it?</p>