ATHENS -- Ohio University is setting out to spend $100 million over the next seven years on a wide array of projects that include new academic programs and endowed professorships.

The school says $25 million will go toward student scholarships and another $25 million will be used recruit endowed professorships.

Other areas targeted include new academic programs and student programs and services.

School officials tell The Athens Messenger ( that they also want to invest in the community to help recruit and retain both faculty and students by creating a vibrant community.

Ohio University's president says the plan will help the school remain an economic engine in southeast Ohio.