UVA Law School Completes Capital Campaign, Surpasses $150M Goal
The University of Virginia School of Law should not be too worried about rising financial pressures in higher education.
During an eight-year capital campaign that wrapped up at the end of June, the school brought in almost $174 million. That exceeds the school's initial $150 million goal by 16 percent.
The school is proud that, even in a time of financial crisis, alumni answered the call to action to help make their alma mater a better place.
UVA School of Law Dean Paul Mahoney said, "Our alumni really believe in the law school, they believe in the student experience which this campaign was really about. And they continued to step up even in a time of real challenge."
More than 71 percent of alumni made some sort of contribution during the eight-year campaign.
UVA School of Law says those funds will help things like financial aid and loan forgiveness for graduates working in public service.
University of Virginia School of Law Press Release
The University of Virginia School of Law has concluded its eight-year capital campaign, raising $173.9 million to enhance the student experience.
The campaign, "The American Ideal in Legal Education," exceeded its goal of $150 million and focused on bolstering financial aid, curricular innovation and loan forgiveness for graduates who work in public service.
During the campaign, which ended June 30, alumni set new records for annual giving, with more than 50 percent of alumni donating in each of the past seven years. In the final year of the campaign, 8,669 graduates (52.75 percent of alumni) made gifts to the school for an annual fund total of $11.3 million. More than 71 percent of alumni made gifts as part of the campaign.
"This achievement is all the more satisfying because it comes in the face of economic headwinds that would have made our total unthinkable when we began," said Law School Dean Paul G. Mahoney. "The success of the campaign will enable us to continue to provide an unparalleled student experience. Funding for student aid and loan forgiveness will help control the cost of our students' legal education."
The campaign began in 2004 and stayed ahead of pace from start to finish. Donors established numerous scholarships, and professorships and lectureships that will help strengthen the faculty, Mahoney said. Capstone gifts included the Law Alumnae Scholarship, an endowment for the school's Law & Business Program, and funding for a state-of-the-art Student Services Center. (More)
"The power of the student experience at UVA Law, the commitment to teaching excellence, the culture of civility and citizenship — all of this makes Virginia unique in the legal academy and a treasure to the profession," said campaign co-chair David L. Mulliken, a 1975 graduate of the school.
"This campaign marked the moment when Virginia came to define excellence in legal education," added campaign co-chair Edward "Ned" J. Kelly III '81.
The Law School relies on tuition and private support to fund its operations, as it does not receive state appropriations.
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Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science.Full Story
Ed joined the NBC29 news team in May, 2011. A Charlotte, NC, native, he graduated from the University of North Carolina at Chapel Hill with degrees in journalism and political science. Email/Follow on Twitter/ Full Story