The university raised more than $1.25 million through more than 10,500 gifts. With 8,600 Penn Staters participating, the event set records for the largest fundraising total and largest volume of participation.
Penn State was recently ranked No. 21 among the nation's top schools for undergraduate entrepreneurship, according to The Princeton Review.
The first round concluded on November 15, and more than 31,000 students received anywhere from $1,000 to $8,000 in financial aid.
This year’s campaign at Penn State will feature more than 140 campaigns to support scholarships, research ventures, student programs, and more.
Schreyer and her husband, William, helped rebrand and officially name Penn State's honors college in 1997 thanks to a $30 million gift.
The event will remember the life of third-semester student Justine Gross, who State College police found dead Friday morning after she was previously reported missing.