APPLETON, Wis. – Lawrence University is close to reaching an endowment level that allows it to cover tuition and fees for students who can not afford school fees.
Wisconsin Public Radio reports that enrollment for the 2018-19 academic year at Appleton University cost nearly $ 58,000.
The university began a 2014 fundraising campaign called "Full Speed to Full Need" with the goal of raising $ 85 million. The fund is currently in more than $ 74 million. University officials hope to reach the goal for next year.
Lawrence officials say the endowment has already helped more than 180 students.
Such endowments are generally found in larger and better-known schools.
About 20 percent of college students receive Pell Grants, a federal program for students with financial needs.