Kansas State University officials say more than $1 million was raised for the university’s annual All In for K-State day of annual giving, held March 22.
Proceeds will help establish educational services for students experiencing financial stress. The university says that includes free financial well-being courses offered to all incoming students and adding more peer counselors to extend Powercat Financial’s reach.
“We will start to see the dividend from the K-State generosity immediately with our newly admitted students this spring, as well as the development of exciting opportunities for every student to meaningfully engage in their financial future,” said Kathleen Hatch, Morrison family associate vice president for student well-being.
The university says one-third of K-State students surveyed recently said they’d consider dropping out due to finances.
K-Staters from all 50 states and five countries made 715 gifts during the 24-hour day of giving last week, totaling $1,051,199.
“We surpassed the $1 million threshold through incredible generosity — a huge accomplishment we can all be proud of,” Eric Holderness, senior associate vice president of development at the KSU Foundation said.