KNOXVILLE, Tenn. (WVLT) -- As the University of Tennessee feels the government's budget cutting ax, they say your donations are more important than ever. But as the state suffers through the tough economy, so do many who give.

If you or your children are going to U.T., the benefit is obvious. But the university's foundation and trustees tell us in the end, the money they raise will make life better for all Tennesseans.

University of Tennessee freshman Logan Thress says scholarships have made a big difference in her life.

"It's important because it allows anyone to come to college and it helps us not get in debt as much."

The state provides scholarships, using lottery money for some. But many who go to school here depend on privately-funded scholarships. But that's just one of many ways private money makes a difference at this public University. One more example, The Howard Baker Center for Public Policy, and it's brand new 17-million dollar building that was funded with private dollars.

Don Stansberry, with the U.T. Board of Trustees says, "State resources are simply limited and the needs of the university are frankly unlimited. We have opportunities to do a whole lot more good than than we have the resources to pursue."

That's why the members of the U.T. Foundation, the private fund raising arm of the university, and the University's Board of Trustees are coming together at this all-day meeting. They're looking for the most effective ways to raise money in tough economic times. Their ultimate goal, give as many people as they can the best education possible.

"It would highly increase the capacity of Tennessee for a better educated workforce."

Thress agrees. She hopes you'll get the message if you're looking for a place where your money can make a difference.

"Just give to the university because it allows more of us to come to college and have a greater education and make more of ourselves."

Click on the link below to visit U.T's foundation website.

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