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Around $58 million is set to go toward student financial aid which was increased as part of president Michael Drake’s 2020 vision to improve access and affordability.
“Buckeye Nation continues to give back in new and greater ways, exemplifying a generosity of spirit unmatched anywhere in the world,” Drake said. “We are incredibly grateful for the support of our broad alumni family and our friends as we lay the critical groundwork for an even more impactful future.”
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The record-breaking fundraising efforts at OSU included the conclusion of the schools “But for Ohio State” campaign, which generated over $3 billion in donations in seven years, according to the university.
The new fundraising record is around 17 percent higher from last year’s $457 million, which also set a record at the time, according to the university.
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