Essential Mortgage Reduction

The new campus facilities are enhancing the educational experience of students. However, it is important that these facilities do not affect the cost of education for students. Therefore, the campaign will reduce capital mortgage from $20M to $15M by
2012. Every million dollars raised saves $50,000 in mortgage servicing which will help Ambrose University College keep tuition rates affordable.

Goal: reduce capital mortgage by $4.5M

Capital mortgage reduction goal by campaign year
2010 $1.5M
2011 $1.5M
2012 $1.5M

3 YEAR GOAL:
Reduce capital mortgage
by $4.5M