The PSU Construction Alumni Association reached a milestone in 2012 when its fundraising surpassed $500,000.

The group, formed by four PSU alums, has raised $524,000. More than $334,000 has been awarded as scholarships to PSU students majoring or minoring in construction. The remaining funds are kept in an endowment. The group raised more than $54,000 in 2012. Of that, more than $34,000 was awarded as scholarships.

“This is a big milestone for us,” Jim Otter, chairman of PSU’s School of Construction and a founding member of the PSUCAA, said. “Now it’s time to aim for the million-dollar mark.”