The Kresge Foundation of Troy, Michigan has awarded the College of Engineering a challenge grant of $800,000 to be allocated in March 2007 if the college succeeds in raising the remaining $2.8 million of its $45 million comprehensive campaign goal. The college-focused campaign announced in 2002, includes $30 million for construction of the new engineering building as well as $15 million for scholarships, research, programs, and endowment. Sky-rocketing increases in construction costs created the $2.8 million gap, primarily for equipment, furnishings, and other IT infrastructure. In response to the challenge, the college will appeal to its alumni, corporate partners, and friends.
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