“Penn State breaks fundraising records, prepares for new campaign”

BobPSU92

Heisman
Aug 22, 2001
42,629
33,336
113
See the link below. From the article:

”UNIVERSITY PARK, Pa. — As Penn State prepares for the launch of a new campaign in 2026, it does so with the strong support of its community — even in a time when many are making thoughtful decisions about their financial commitments. In the fiscal year ending June 30, alumni and friends came together to contribute more than half a billion dollars, setting a new record for annual fundraising at the University. An unprecedented $369.5 million was received in the form of cash and other outright gifts, and more than 235,000 donors — another record — offered their support across colleges, campuses and programs.

“Thanks to our generous alumni and friends, we can continue to prioritize our students, expand access and empower every Penn Stater to succeed,” said President Neeli Bendapudi. “This historic level of support is a clear reflection of our community’s belief in the power of Penn State to transform lives and uplift the commonwealth and make a difference in the nation and world. I am deeply grateful for the partnership of alumni, friends and fans in fulfilling the University’s potential to lead and serve.”

This year’s fundraising success reflects primarily targeted support earmarked for areas that matter deeply to Penn State donors, and the results were driven by 19 commitments of $5 million or more, the highest total in any fiscal year. That number includes gifts to support the Beaver Stadium Revitalization project, which will fuel economic development in the Centre County region and generate increased revenue for all 31 NCAA Division I teams at the University, and philanthropic investments in Penn State’s academic enterprise, such as an $8.5 million anonymous estate commitment to the College of Engineering. The year-end totals also reflect support for student success initiatives, including a new gift from Steve and Nancy Sheetz to Penn State Altoona, and for other priorities expected to define the campaign, which will launch publicly next spring.”



Penn State needs your cash money. Give early, often, and in large sums. 😀
 
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BobPSU92

Heisman
Aug 22, 2001
42,629
33,336
113
So tuition should be coming down shortly?


”Key components of the proposed 2026-27 budget include:

  • No tuition increase for in-state undergraduates at the Commonwealth Campuses: For the fourth straight year, Penn State would freeze tuition for Pennsylvania resident undergraduates attending its 19 undergraduate Commonwealth Campuses. This move would benefit approximately 18,000 students — about 42% of the University’s total in-state undergraduate body — and aligns with Penn State’s goal of maintaining affordability and accessibility

  • Limited tuition increases at University Park and for nonresidents: Also for the fourth year in a row, in-state undergraduate students at the University Park campus would see a 2% tuition increase, which remains below current U.S. inflation rates. Out-of-state undergraduates would again see tuition rise by 1% at the Commonwealth Campuses and by 4% at University Park.“
 

Bwifan

All-Conference
Oct 12, 2021
2,563
4,499
113

”Key components of the proposed 2026-27 budget include:

  • No tuition increase for in-state undergraduates at the Commonwealth Campuses: For the fourth straight year, Penn State would freeze tuition for Pennsylvania resident undergraduates attending its 19 undergraduate Commonwealth Campuses. This move would benefit approximately 18,000 students — about 42% of the University’s total in-state undergraduate body — and aligns with Penn State’s goal of maintaining affordability and accessibility
  • Limited tuition increases at University Park and for nonresidents: Also for the fourth year in a row, in-state undergraduate students at the University Park campus would see a 2% tuition increase, which remains below current U.S. inflation rates. Out-of-state undergraduates would again see tuition rise by 1% at the Commonwealth Campuses and by 4% at University Park.“
You keep giving until Nelli says it's enough ... This is what we are up against
 

Bwifan

All-Conference
Oct 12, 2021
2,563
4,499
113
It still costs more for a kid from Muncy to learn welding at Penn College than it does a kid from Michigan to attend UM Ann Arbor.
Utterly ridiculous what it costs for pennsylvania residents to attend PSU. When other states have their costs inline. Florida state for example for Florida peeps is $6,380 for tuition.
 
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MtNittany

All-Conference
Oct 12, 2021
2,924
4,008
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Utterly ridiculous what it costs for pennsylvania residents to attend PSU. When other states have their costs inline. Florida state for example for Florida peeps is $6,380 for tuition.
Florida should be the model for other states. The pre-paid plan w/ locked in tuition is an amazing program for young parents to have available to them.