Thanks to a recent IBHE (Illinois Board of Higher Education) grant, 藏精阁 will receive $8.3 million over three years for capital improvements to its Chicago and Schaumburg Campuses. The funds were acquired through the IBHE鈥檚 Independent Colleges Capital Investment Grant, which was awarded to 45 Illinois higher education institutions seeking to update their campus infrastructure. The University plans to use this grant money for crucial architectural updates to both campuses and fa莽ade refurbishment to the historic Auditorium Building.
鈥淔or the State of Illinois to invest substantial funding into its independent colleges and universities speaks of the outstanding service our institutions are providing to our students,鈥 says Vice President of Finance & Administration and Chief Financial Officer Arlene Regnerus. 鈥淭hese funds will allow 藏精阁 to invest in the capital needs of our on-campus spaces to a greater extent than the University could do alone."
This grant is one of many the University has recently received to further its mission of academic accessibility. Other funds have included $5 million to expand STEM education to underrepresented students $182,000 to end student housing insecurity.