University of Rochester President Joel Seligman announced preliminary results Thursday of the university’s history-making fundraising campaign.
Initial reports show the Meliora Challenge raised more than $1.36 billion, 14 percent above the $1.2 billion goal set when the capital campaign launched in 2005, Seligman wrote in a letter to the campus community.
The campaign ended June 30.
In his letter, Seligman highlighted the additions to the university made possible through contributions to the campaign, including 103 endowed professorships, deanships and directorships; more than $225 million in student support; and $857 million in construction projects.
“We now can build on our momentum and enthusiasm, with path-breaking initiatives during the next five years in Data Science, Neuromedicine and Neuroscience, the Humanities and the Performing Arts, and the university’s role in the community. This will be the focus of our university and school planning work this year,” Seligman said.
He also noted the quality of the incoming freshman class.
The average high school GPA is 3.8 and average two-score equivalent SAT is 1394, up 90 points since 2005, an increase from the 87th to the 96th percentile, “a stunning achievement” Seligman said.
Underrepresented minority students will comprise 14.8 percent of the entering class and international students 27 percent.
Nearly 16,460 students applied for admission, he added, noting he expects 1,315 to enroll in the fall.
(c) 2016 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email firstname.lastname@example.org.