The college has also raised the grade point average that students must have to enter the teacher education program and stay in it.
Instead the college raises most of its money through direct donations for a project or to the endowment.
The college subsequently raised enough money for a building, which was completed by 1858.
The college raises a variety of sports teams from the school's general population.
The process takes into account how much each college has raised on its own in the year and the school's enrollment.
New York State would meet $3.3 million of the cost, provided that the college raises the rest.
The grant is $150,000, and to receive it all, the college must raise $450,000 on its own.
A college here has raised $368,000 to rebuild 10 rural churches that were set on fire this year.
The Governor says it can be made up if the colleges raise their tuition by $1,000, to $3,450.
The individual colleges have been raising their own money for centuries.