Colleges Raise a Median of $60,000 Through Online Gifts, Study Finds

Colleges and universities continue to see increases in the money they raise via the Internet, but online fund raising is still a modest part of their revenue, according to the Council for Advancement and Support of Education's 2009 survey of online fund raising.

More than 560 educational institutions responded to the survey, which was conducted in March and April.

The 184 colleges and universities that provided financial information about online giving raised a total of

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