Indiana University says the past six months have been profitable for the IU Maurer School of Law. The university says the school received nearly $9 million in major gifts from friends and alumni.
The university says the most recent gifts helped the law school surpass its goal to raise $60 million towards the For All: The Indiana University Bicentennial Campaign.
To date, the law school has received $63 million in monetary donations as part of the campaign.
“We are incredibly grateful for the tremendous generosity of our alumni and our friends,” said Austen Parrish, dean and a professor of law. “Our alumni have made such a difference, helping our students graduate with significantly less debt than their peers at many other schools.”
Parrish says between 25% and 35% of IU law school students graduate each year with no student loan debt.
“We are thrilled that so many loyal alumni and friends, through donations, estate gifts and other contributions, have made such an indelible impact on the law school,” said Lisa Hosey, executive director of development at the law school.
IU says Hosey and her staff have helped raise more than $150 million to support the law school over the past 15 years.