Gordon W. Davis, a Lubbock businessman who spent 10 years as an associate professor in the college, and his wife, Joyce, have given a $44 million donation to rename the Gordon W. Davis College of Agricultural Sciences & Natural Resources and further support a program he helped bring into the national spotlight.

Elizabethtown College has received a $2.5 million gift, the largest toward an endowed scholarship by a living donor in school history.

Here are some ways higher education institutions can boost revenues, lower expenses, and raise funds.