Otterbein University officials announced a $50 million comprehensive campaign during its homecoming pre-game ceremony Saturday, Sept. 20.

Otterbein University officials announced a $50 million comprehensive campaign during its homecoming pre-game ceremony Saturday, Sept. 20.

The campaign, "Where We Stand Matters: The Campaign for Otterbein's Future, Investing in Students First," is an eight-year comprehensive campaign and is nearly halfway through.

The money would assist funding in three areas: campus renewal, access and affordability, and building a model community.

"This $50 million campaign represents the most ambitious campaign goal in Otterbein's history," President Kathy Krendl said in a press release. "This campaign comes at a critical moment in higher education -- when schools are faced with rapidly changing marketplace and economy. Otterbein is positioning itself to meet new challenges and stand strong."

Each portion of the project would improve Otterbein's campus and benefit the student body.

The campus renewal is a $15 million project that would help pay for facility updates and additions and master planning.

Access and affordability is a $17 million project that would help fund new scholarships.

Building a model community is the remaining $18 million portion of the campaign and would help provide resources for departments, programs, faculty and students.

This year starts the fourth year of the campaign and the university has raised about $16.4 million toward the goal so far.

The campaign helped pay for new track and artificial turf at Memorial Stadium, which was a $2 million project toward campus renewal.

The "Stand" campaign was announced on the new stadium turf at Otterbein's homecoming game against Marietta College Saturday.