Michigan Sets Record for Public University Campaign

The University of Michigan has announced the final results of its seven-plus-year fund-raising campaign, which brought in $5.28 billion. While there were numerous large gifts, 94 percent of gifts were under $5,000. Michigan says that the campaign is the first by a public university to exceed $5 billion. Two other institutions have $5 billion campaigns going on: the University of Washington and the University of California, San Francisco.

Track colleges' fund-raising campaigns here.