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Updated: Tuesday, 19 Feb 2013, 11:08 AM EST
Published : Monday, 18 Feb 2013, 6:24 PM EST
WEST LAFAYETTE, Ind. (WLFI) - On Monday Purdue officials confirmed a historic announcement.
"It's a great day for Purdue," Purdue Student Body President Joe Rust said.
At Purdue's President's Council Appreciation Dinner Mitch Daniels announced an estate donation equal to about $65 million to the College of Agriculture.
It's the largest private donation in the University's history, but it may not be seen for years.
"It's an estate gift," College of Agriculture Dean Jay Akridge said. "It will be a bequest that we'll get many years into the future. We're very excited about the commitment it shows."
Akridge said the anonymous donor gave an unrestricted donation. That means it can be used in any area of the college.
Akridge said since the donation could be years away from being received no one has discussed what it could be used for.
Students have their own opinions.
"[It should] help students with scholarships," Rust said. "Help them be more successful at Purdue. But it should also help the research side of things. That's where we build our brand, and really make a difference in the world."
"[It should go to] the organizations and campaigns and advertising," Agriculture student Elizabeth Engleking said. "I'm an [agriculture communications] student. I could see where things would be a little more beneficial if they advertised more."
Akridge said right now is an exciting time in the College of Agriculture. Student numbers are up and they're finding their place in a growing world.
"As an industry and a college we have a lot of things going on," Akridge said. "I think this donor is obviously excited about the potential of the Daniels Administration. We're thrilled they've chosen to make the commitment now. Our researchers work on really important problems around the world. [For example] how do we feed a growing population?"
Akridge and current students admit they probably won't be at the school when the donation is finally used. They said it's okay. The donation gives them hope for the future.
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