Clemson raises $600 million; increases goal to $1B - Live5News.com | Charleston, SC | News, Weather, Sports

CLEMSON, S.C. (AP) - Clemson University has surpassed its goal of raising $600 million by the end of June and now is aiming for $1 billion.

Clemson President Jim Barker says the university raised more than $608 million, topping the goal the school set two years ago.

The money raised so far has helped create 357 new scholarships and fellowships, support 95 faculty positions such as endowed chairs and professorships, and to help pay for construction and renovations of numerous academic and athletic facilities.

University officials say it also increased the university's endowment by $73 million.

No deadline has been set to raise $1 billion. Barker says he hopes to maintain the momentum that generated $100 million in the past year.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.