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University Announced $10M Gift to Be Used for Education Scholarship Programs Requiring Volunteerism

Financing December 2017
The University of Virginia at Wise is announcing a new $20 million endowment to help students pay for college. The Bristol Herald Courier reports that Charlottesville resident Hunter Smith gave $10 million to the school, a gift that was matched by the UVa.'s Bicentennial Fund. The money will be used for scholarship programs that will require students to volunteer 20 hours a week.

WISE, Va. (AP) — The University of Virginia at Wise is announcing a new $20 million endowment to help students pay for college.

The Bristol Herald Courier reports that Charlottesville resident Hunter Smith gave $10 million to the school, a gift that was matched by the UVa.'s Bicentennial Fund. Smith, and her late husband Carl W. Smith, have been long-time benefactors of the liberal arts college in Southwest Virginia.

The money will be used for scholarship programs that will require students to volunteer 20 hours a week.

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Information from: Bristol Herald Courier, http://www.bristolnews.com

 

Hispanic Outlook is an education magazine in the US available both in print and digital form.  Visit https://www.hispanicoutlook.com/december-2017-issue to view our latest issue.

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