Miami University reaches $500M fundraising goal

Miami University in Oxford, Ohio
Miami University in Oxford, Ohio

OXFORD, Ohio (AP) – Miami University has topped its $500 million fundraising goal.

The school in Oxford says it has brought in just over the $500 million target in its capital campaign.

Administrators also are proposing to raise annual tuition for Ohio residents by $199.

That would bring the annual cost for in-state students to just over $13,000.

Out-of-state tuition would go up to just above $29,000 per year if the increase is approved.