Indiana University School of Journalism

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The School of Journalism is more than halfway to achieving its $5 million goal toward IU Bloomington’s Matching the Promise campaign.

“Alumni and friends of the School of Journalism have created eight new matched endowments,” said Dean Brad Hamm. “These gifts allow our students to do more, learn more and achieve more.”

The campaign is called Matching the Promise because it gives donors a chance to double the effective value of their gifts. For example, a $50,000 gift generates 5 percent a year, or $2,500, to be applied to scholarships. The Bloomington campus matches that with another $2,500, so the gift effectively produces a $5,000 scholarship every year in perpetuity.

IU and the Indiana University Foundation launched the seven-year campaign in 2003 to enable more low- and moderate-income families to send their children to IU. As of October, the overall fundraising had raised $625 million toward the goal of $1 billion.

More than 2,000 students already are attending IU through the four-year scholarship program, which may reduce cost of tuition, room and board to as little as $341 per year, depending on family income.

For more information about the campaign, visit the IU Foundation Web site.

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