The STEM workforce was about 8.6 million in 2015, and is projected to grow to more than 9 million by 2022, according to the U.S. Bureau of Labor Statistics.
Dougherty Family College, a two-year school, will open on the Minneapolis campus of the University of St. Thomas this fall, thanks to $18 million in private donations.
Three federal grant programs support colleges that qualify as Hispanic-Serving Institutions, or HSIs. The funding covers student support services and other initiatives—such as professional development to train administrators, faculty and staff to work more effectively with students whose first language may not be English.
Capital fundraising retains a top slot among institutional fundraising priorities due to renovation and construction imperatives, new program requirements and the need to update technology. In addition to broader capital campaigns and a razor-sharp focus on major donors, more institutions are seeking support from the business sector.
From cashing in on beer sales at football games to providing community members with a safe way to trash old electronics for a fee, administrators are looking beyond tuition and endowments to make up for budget shortfalls.