The University of St. Thomas has announced the initiation of the GHR Fellows program to ease student debt burden and provide accessible education to business students.
The funding for the program, which aims to attract future business leaders, was provided by the GHR Foundation last November to establish the largest endowed scholarship in the history of the University of St. Thomas.
“With a focus on educational excellence, increasing access and reducing student debt, the University of St. Thomas last November received the $50 million gift from GHR Foundation designated entirely for scholarships as a significant, first step toward achieving the university’s goal of raising $200 million and doubling its endowment for scholarships over the next eight years,” the university release said on Tuesday.
“One year later, the university is one-third of its way toward fulfilling its goal. More than 6,000 new donors have engaged in the Scholarships Priority One initiative.”
The students, who wish to apply for the fellowship, must have a minimum SAT score of 1310 or 28 ACT and 3.7 GPA.
Applications for the program are being accepted through January 3, 2019.
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