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University of North Carolina-CH tops $300 million

CHAPEL HILL -- The University of North Carolina at Chapel Hill's annual fundraising efforts have topped $300 million for the first time. The News & Observer of Raleigh reports the school raised $300.3 million in the 2008 fiscal year. It's the fifth straight record-setting year for the fundraising effort. The school raised nearly $251 million last year. Fred Eshelman of Wilmington committed $10 million to the School of Pharmacy as part of a campaign that ended Dec. 31 that raised nearly $2.4 billion as part of UNC's effort to become the nation's leading public university. The William R. Kenan Jr. Charitable Trust provided $6 million to increase the number of students in the honors program at the College of Arts and Sciences. Information from: The News & Observer, (Copyright 2008 by The Associated Press. All Rights Reserved.)

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