Friday, May 14, 2021
Home Schools Northwestern University Receives $50 Million Gift for Student Scholarships

Northwestern University Receives $50 Million Gift for Student Scholarships

-

Businessman Jeff Ubben has made one of the largest-ever contributions to Northwestern University for student scholarships.

On Monday, the university announced the $50 million estate commitment by Ubben and his wife Laurie that will make college affordable and accessible by covering the cost of education for undergraduate, graduate and professional school students.

The gift will provide scholarship and financial support to low and middle-income families and first-generation college students.

“Making Northwestern accessible to talented students from every walk of life is essential to our efforts to build the most vibrant academic community possible,” Northwestern President Morton Schapiro said.

The gift will count toward We Will. The Campaign for Northwestern, that has created 424 new endowed scholarships and fellowships to date.

Earlier, the Ubbens’ have contributed $5.5 million to Institute for Sustainability and Energy and a total of $3 million to Northwestern Athletics and Recreation to establish the Sullivan-Ubben Head Men’s Basketball Coaching position.

“Laurie and I can think of nothing more worthy than to make a Northwestern degree accessible to as many outstanding students as possible,” Jeff Ubben said.

Last year, politician and businessman Michael R. Bloomberg donated $1.8 billion dollars to Johns Hopkins University to provide financial aid to undergraduate students from low- and middle-income families. Till date, it is one of the largest ever gift to a single university in the country’s history.

Boy Who Created Own UT Shirt Offered Full Scholarship

You Might Also Like

Latest Posts

St. John’s University Planning to Open Nursing Program This Fall

St. John’s University in New York plans to offer a Bachelor of Science degree in Nursing when in-person classes recommence this fall.

Ohio Lottery Offers Free College or $1M for Getting COVID Vaccine

A vaccination lottery drawing in Ohio will give vaccinated individuals in the state the chance to win either $1 million or a full college scholarship.

EPA Funds UNM Drinking and Wastewater Projects

The University of New Mexico is receiving $3.7 million in funding to assist in the operations and train the workforce of small drinking water and wastewater systems across the country.