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University of Alabama raises $224 million

The University of Alabama says it raised more than $224 million in gifts and pledges during 2017-18 school year.

Posted: Oct 22, 2018 11:48 AM

TUSCALOOSA, Ala. (AP) - The University of Alabama says it raised more than $224 million in gifts and pledges during 2017-18 school year.

The school said in a news release the money came from more than 62,000 donors.

The school said it had raised about $120 million during the previous fiscal year.

University President Stuart Bell said in a news release the money creates a strong foundation for growth and development of current and future projects and programs.

The school's enrollment has grown from more than 20,000 students in 2003 to more than 38,000 this year.

The university received one of its largest gifts ever. Business executive and attorney Hugh F. Culverhouse Jr. gave the school more than $26 million for the University of Alabama School of Law.

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