The school said it received more than $32.5 million in private contributions -- including $11.2 million from alum Hugh E. Harvey and his wife, Michelle.

"More than 80 percent of Mines students receive some form of private support," said Executive Vice President for University Advancement Brian Winkelbauer. "These essential resources help the university offset the rising costs of higher education and maintain its focus on preparing students to become capable leaders who will help address the world’s complex resource and energy challenges in the years and decades ahead."

In April, Mines was ranked No. 14 on a national list of schools with the best return on investment.

Mines is known for its engineering and applied sciences programs. It also offers degrees in liberal arts, international studies, economics and business.