Of that $14.5 million, $1 million will be dedicated to Puskar Center renovations, $700,000 to Coliseum renovations and other Coliseum facilities, and $800,000 to the soccer stadium construction. All of those projects had been previously announced by the schools.
The remaining $12.5 million will go to the Athletic Endowment Fund, which endows athletic scholarships. The total cost for scholarships is currently $3.5 million per year. The AEF's goal for a fully funded endowment of all scholarships is $80-90 million.