The annual budget of $14.5 million will employ at least 3,500 students in internships related to their major. The money is open to students at state-operated, four-year institutions, not community colleges.

The college’s board of trustees said that the Hiawatha Institute for Indigenous Knowledge was the successful bidder for the campus. The board said the organization has indicated that it plans to use the campus for educational purposes.

A 2025 survey of over 150 companies found that more than a quarter, 26%, were recruiting from a brief selection of schools, up from 17% that were doing the same in 2022, according to research from recruiting intelligence firm Veris Insights.