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Back in August an alumna of Missouri’s all-female Stephens College had a lucrative little challenge for the school: lose weight and I’ll give you some money.

The graduate still weighed 117 pounds, the same weight she had when she was studying at Stephens. While she kept her weight the same, she had apparently managed to gain several million dollars. She promised to give the school $1 million of her money if its employees could manage to lose at least 250 pounds.

Well they’ve done it. According to an article by Janese Silvey in the Columbia Daily Tribune:

Collectively, 107 employees have shed at least 302 pounds over the past four months, spokeswoman Chris Smith said. That tally is from a Dec. 22 weigh-in, although there are still a few employees who haven’t yet weighed in.

The results mean Stephens is in line to collect $1 million from an anonymous donor. Stephens launched the $1 million Losers Club in September after college President Dianne Lynch pitched the idea to a health-conscious donor from Oregon. The donor pledged the money in exchange for employees collectively losing 250 pounds by Jan. 1. The gift puts Stephens $500,000 ahead of its fundraising goal for the year.

Stephens might be able to add another $100,000. The donor agreed to increase her donation by 10 percent if Lynch personally lost 25 pounds. Lynch has about 10 pounds to go. [Image via]

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Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer