University of Texas campaign tops $3 billion - KAUZ-TV: Newschannel 6 Now | Wichita Falls, TX

University of Texas campaign tops $3 billion

Posted: Updated:

AUSTIN, Texas (AP) - The University of Texas says it has topped its $3 billion goal in an eight-year fundraising campaign.

The Campaign for Texas ended Aug. 31. School officials say it raised $856 million in the final year, bringing the total to $3.1 billion in gifts, pledges and donations.

Gifts ranged from loose change collected by a kindergarten class to large scale donations of $1 million or more. Of those, almost 90 percent supported academic efforts and the rest supported athletic projects.

The donations also helped fund 830 new student scholarship and support endowments.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.