There are five main initiatives of the fundraising campaign:
- New endowed scholarships to ensure access and improve affordability
- Enriched learning by reducing student-faculty ratio to 11:1
- Enhanced global learning and internship opportunities
- Restoring and sustaining our historic campus
- Keeping Allegheny strong through gifts to the Annual Fund
New endowed scholarships to ensure access and improve affordability
Seven out of 10 Allegheny students receive need-based financial aid. Allegheny distributes more than $35 million in scholarships and grants every year, almost all of which comes from the College’s operating budget. By increasing the endowment from which to draw scholarships, you not only help students attend Allegheny, but you free up operating funds to be spent on other aspects of students’ education such as research and curriculum development.
Enriched learning by reducing student-faculty ratio to 11:1
One of the constants throughout Allegheny’s 200-year history has been an exceptional faculty, a legacy of remarkable teachers, scholars and mentors. As the College enters its third century, you can help raise the level of support for Allegheny’s dedicated professors – not only to recognize the contributions they make each day as they teach your successors, but also to give them the resources they need to keep pace with rapidly changing disciplines and student needs. Allegheny currently enjoys 16 endowed faculty positions. You can help the College add at least 13 more professorships to guarantee that Allegheny offers the finest liberal arts education available anywhere.
Whether it’s inside the classroom or outdoors involved in a research project, Allegheny faculty members must continue to challenge their students to shape the world of the future. You can further this collaboration and support our dedicated faculty by investing in a named faculty support fund that can provide material resources and defray other expenses that support student-faculty research.
Keeping Allegheny strong through gifts to the Annual Fund
Each gift to the College’s Annual Fund provides crucial support for scholarships, faculty teaching and research, student research, student life, technology and the libraries, and helps maintain a premier learning environment. Because annual gifts are unrestricted, they can be put to use immediately and where they are needed most. Many people do not realize that tuition covers only a portion of the cost to educate our students and that other resources must be tapped to bridge that gap. Allegheny strives to raise $3 million every year through the Annual Fund to meet that need.
Restoring and sustaining our historic campus
You have the chance to participate in one of the most extraordinary giving opportunities in Allegheny’s 200-year history – to help with the restoration of our campus and its landmark buildings, including Bentley Hall. Many of our buildings are historic but they must be renovated and upgraded to meet changing educational needs. The recent renovation of Carr Hall with its many upgrades in technology is an example of the projects that must be addressed on campus.
Enhanced global learning and internship opportunities
Allegheny College’s Study Away Implementation Team has proposed a 10-year action plan that would increase the number of students participating each year in the Study Away Program from approximately 200 to 600. The College currently spends more than $900,000 annually on the program with projections that the cost will rise by 400 percent in order for the College to reach its strategic goal. Also, the global economy is becoming more competitive when it comes time for students to graduate and seek employment. Students no longer have to be more qualified than another job applicant; they have to show they have relevant work experience. Internships secured through the Office of Career Education, now part of the new Allegheny Gateway, help give our students that valuable edge.