HAMILTON — The president of Colgate University and other representatives from the school rang the opening bell today at the New York Stock Exchange.
University President Jeffrey Herbst, along with 12 others, rang the bell today in celebration of closing Colgate’s Passion for the Climb Campaign, which raised $480 million. The campaign’s goal was $400 million.
The campaign was designed to fund a strategic plan that amplified Colgate’s liberal arts mission through advances in endowment, infrastructure, research, curriculum, leadership programs, and more, according to the school. It initially reached its goal 18 months ahead of schedule in January 2011, but Herbst announced a new challenge to raise additional funds for financial aid.
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“Financial aid is the critical priority for Colgate in the years ahead,” Herbst said in a news release. “By expanding access, we open our classrooms to diversity of thought and background — and we ensure that the university is able to admit the world’s brightest undergraduates regardless of their financial means.”
Video of the bell ringing is available at: http://www.youtube.com/watch?v=aoL4T-m632c
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