STILLWATER — Oklahoma State University has received more than $17 million in commitments to help build a new business school and to boost support for a student success center, university officials announced Friday.
Most of the commitments, more than $15 million, will support a new, 200,000-square-foot business school building. University officials hope to raise a total of $60 million in private support for the project.
The new building will replace the school's current home, at the corner of Morrill and Hester avenues. It will include an atrium, an outdoor terrace, two auditoriums, meeting rooms and business incubators.
The building also will feature the Chesapeake Energy Student Success Center, which will house academic advising and career services, a business writing lab and more.
More than $2 million of commitments announced Friday will support the Learning and Student Success Opportunity Center, which offers advising and other programs designed to promote academic and personal success.
Donors Carl and Marilynn Benbrook Thoma are giving $1.25 million for the center. Paul and Ann Milburn are giving $1 million.
The gifts and pledges announced Friday are part of OSU's $1 billion fundraising campaign, called Branding Success. So far, the university has raised $819 million in commitments toward its total goal.