Oral Roberts University

supply stores, an offer which included changes to the university's governing board. In October of that year, an ORU spokesman said the university was still $52.5 million in debt. The school accepted an additional $8 million from the Greens in November. Of the $82 million given to Oral Roberts University, approximately half went toward eliminating its debt. The remaining half was allocated to "campus renovations, technology upgrades, academic enhancement, financial aid for new and returning students, marketing and operations", according to the university website. In February 2008, the Renewing the Vision campaign was initiated in an effort to erase this debt. To free the university from its burgeoning debt, the board of trustees announced plans for a $25 million matching campaign, in which the board agreed to match dollar-for-dollar all donations. In addition to eliminating debt, funds from the Renewing the Vision campaign contributed to the 2008 summer campus renovations, as well as scholarships provided by the …