MEADVILLE — Allegheny College has launched the most ambitious fundraising campaign in the northwestern Pennsylvania private school’s history.

The Titusville Herald reported the “Our Allegheny: Our Third Century Quest” campaign’s goal of $200 million will be used primarily to fund scholarships and endow faculty chairs.

College President James Mullen Jr. announced the campaign Saturday at a reunion weekend to celebrate the college’s bicentennial year.

Mullen said more than 2,100 alumni and supporters have already come forward to donate more than $106 million to the campaign.

The campaign’s five main initiatives are increasing the number of student scholarships; enhancing global learning and internship opportunities; reducing the student-faculty ratio; restoring and maintaining the campus; and keeping the school financially strong through its annual fund.