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MSU to Raise $50 Million in Campaign

Jessica Havery

Issue date: 12/9/04 Section: News
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Montclair State University president Susan A. Cole, in addition to the MSU University Board of Trustees, the University Foundation Board and the Alumni Association Board, has launched a $50 million capital campaign, reported a MSU press release.

"During [Montclair State University's] second century, about 350,000 students will receive degrees from the University," said Cole. "We want to provide those students with the facilities, faculty and scholarships that they will need to succeed."

"I am proud to announce that we are already over the halfway mark toward our $50 million goal for MSU's Campaign for the Second Century," said Douglas L. Kennedy, chairman for the campaign.

"I am looking forward to working with everyone to make this a successful campaign that will build a stronger future for the University," Kennedy said.

The Campaign for the Second Century was launched in October 2004 and will culminate in 2008, MSU's centennial year, enabling the school to respond to its increased interest, said an MSU press release.

"We educate the leaders of tomorrow, and as applications and enrollments grow, the campaign will help us to continue to serve as a richly diverse university for intellectually talented and ambitious students from all economic backgrounds," said Cole.

According to Thomas J. Haynes, vice president for University Advancement, the campaign will raise funds for expansions that are not covered by state support which includes scholarships.

Of the $50 million that the campaign is hoping to raise, $10 million will be used for undergraduate scholarships, graduate teaching assistantships and student development, said the MSU press release.

"Scholarships to support the recruitment of diverse and talented students, and fellowships for our graduate programs are among the best investments that can be made for the future," said Haynes.

"I think the scholarships will increase the number of students who will enroll at MSU," said senior English major Marisa Beagin. "A lot of students struggle to pay tuition and if the school is offering to give [scholarships], it will help further a student's education."

The campaign will also be used to fund projects and departments such as facilities and the library, Haynes said.

According to the press release $18 million will be used to fund ongoing projects, such as the new academic building and The Children's Center, both currently underway, and the new recreation center, still in its planning stages.

In addition, the campaign looks to raise $10 million for faculty chairs, professorships and lectureships, $10 million for academic programs and $2 million for library and information technology, said the press release.

"I'm happy that a large portion of the funds are going towards academically geared aspects of the University," said senior English education major Elisa Cording. "It would be great to have more class availability. There are so many interesting courses listed in the catalog, yet many of them are rarely offered. If that means hiring more professors then I think the University should do that," she said.
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