By WMBD-TV
SPRINGFIELD – The Illinois Board of Higher Education announced the recipients of $400 million in grants on Monday.
An IBHE news release states the money comes through the Independent Colleges Capital Investment Grant and will be awarded to 45 higher-education institutions.
The program’s stated goal is to provide financial assistance to “private, not-for-profit, and universities” for campus infrastructure to provide equitable learning to Illinois students.
“Adequate campus facilities and infrastructure are important in ensuring our students have equitable learning experiences,” said IBHE Executive Director Ginger Ostro.
She continued, “Private institutions are a valuable part of Illinois’ higher education ecosystem, and these funds will help institutions complement the work to close equity gaps outlined in each institution’s equity plan.”
Locally, Illinois Wesleyan University in Bloomington received $5,060,306 and Eureka College in Eureka received $3,080,934.
The full list of recipients can be found below:
| Institution | Amount Awarded |
| Adler University | $3,903,166 |
| Augustana College | $6,676,694 |
| Aurora University | $15,418,277 |
| Benedictine University | $6,604,497 |
| Blackburn College | $2,782,123 |
| Bradley University | $14,858,758 |
| Columbia College Chicago | $17,748,602 |
| Concordia University Chicago | $7,721,529 |
| Depaul University | $43,073,336 |
| Dominican University | $7,520,984 |
| East-West University | $2,006,733 |
| Elmhurst University | $9,081,220 |
| Eureka College | $3,080,934 |
| Greenville University | $3,909,182 |
| Illinois College | $4,103,709 |
| Illinois College of Optometry | $3,568,257 |
| Illinois Institute of Technology | $17,710,498 |
| Illinois Wesleyan University | $5,060,306 |
| Judson University | $3,798,883 |
| Knox College | $4,111,732 |
| Lake Forest College | $5,467,411 |
| Lewis University | $15,400,228 |
| Loyola University of Chicago | $36,722,099 |
| McKendree University | $5,551,639 |
| Methodist College/Unity Point Health | $1,721,960 |
| Millikin University | $5,619,825 |
| Monmouth College | $3,540,181 |
| Morrison Institute of Technology | $350,408 |
| National Louis University | $11,439,621 |
| National University of Health Sciences | $3,145,108 |
| North Central College | $7,356,538 |
| North Park University | $6,347,801 |
| Northwestern University | $48,907,150 |
| Olivet Nazarene University | $10,717,518 |
| Principia College | $1,639,737 |
| Quincy University | $4,212,003 |
| Rockford University | $4,061,596 |
| Roosevelt University | $8,323,162 |
| Rosalind Franklin University of Medicine & Science | $8,120,613 |
| Saint Augustine College | $3,040,825 |
| Saint Xavier University | $8,389,342 |
| Trinity Christian College | $3,674,545 |
| University of St. Francis | $5,822,375 |
| VanderCook College of Music | $456,697 |
| Wheaton College | $7,232,201 |
| Total | $400,000,000 |
Source: IBHE
The recipients distributed on a two-part formula, a “base grant based on the Fall 2017 student enrollment numbers as reported to IBHE” and an “FTE grant based on the Fall 2022 student enrollment numbers as reported to IBHE.”
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