Wednesday, October 27, 2021
HomeSchoolsNorthwestern 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

11 Top Study Methods That Are Scientifically Proven to Work

When rigorous note-taking and long hours at the library are not cutting it for you, take a look at these scientifically proven study methods to help you study smarter, not harder.

Campus Pride Lists ‘Absolute Worst’ Colleges for LGBTQ+

An LGBTQ advocacy organization has identified the 180 “absolute worst, most unsafe campuses for LGBTQ youth."

Colgate to Extend No-Loan Commitment to Class of 2026

Colgate University is extending its no-loan commitment to 600 freshmen owing to a billion-dollar endowment.