close
close

Texas Tech Announces $1.2 Billion ‘On & On’ Campaign – Fox 34

LUBBOCK, Texas (NEWS RELEASE) – Texas Tech University on Friday (Oct. 18) announced the public phase of a $1.2 billion fundraising campaign, On & On, aimed at taking the institution to new heights of excellence and global recognition while continuing to offer a world-class education to students in Texas and beyond. This is the university’s first campaign.

Campaign Highlights

  • Goal: $1.2 billion over eight years
  • Already raised: $700 million from more than 75,000 donors during the quiet phase
  • Four key priorities: Transform lives, Nurture academic excellence, Elevate campus and community, Build champions

“This campaign marks a pivotal moment in Texas Tech history,” said Texas Tech President Lawrence Shovanek. “On & On is not just fundraising; it’s about shaping the future of our university and its impact on Texas and beyond.”

Campaign priorities

Transform life

At the heart of the campaign is Texas Tech’s commitment to student success. By focusing on scholarship and accessibility, the University aims to:

  • Keep the talented Texans in state
  • Remove financial barriers to higher education
  • Provide comprehensive support for student growth and development

Fuel for academic achievement

Based on funds committed to Texas Tech through the University of Texas Endowment, Texas Tech will:

  • Recruit and retain top-level faculty
  • Enhancing teaching and research capabilities
  • Expand graduate scholarships

Elevate the campus and community

The University will optimize its physical infrastructure to:

  • Align and adapt our facilities to meet academic and research priorities
  • Develop collaborative, interdisciplinary spaces, creating a visionary model for higher education
  • Implement data-driven improvements based on campus usage patterns
  • Improve programs that are critical to the growth and vitality of our communities

Build champions

Recognizing the integral role of athletics at Texas Tech, this priority will:

  • Position Texas Tech to succeed in the changing collegiate sports landscape
  • Support every student athlete and program with the resources they need to win
  • Strengthening the university’s identity and links with the community

“As we embark on this journey, we invite our alumni, supporters and friends to join us in shaping the future of Texas Tech,” said President Shovanek. “Together, we will ensure Texas Tech’s impact continues ‘On and Off.'”

For more information or to contribute to the campaign, visit the On & On website or contact the Texas Tech Advancement office at [email protected] or (806) 742-2211.

Leave a Reply

Your email address will not be published. Required fields are marked *