Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
APPLETON, Wis. (AP) — Lawrence University in Appleton says it's received an anonymous $25 million donation to support scholarships — the largest gift in the school's history.
Lawrence leaders said Wednesday it's a dollar-for-dollar matching gift that will make $50 million in new money available for scholarships. The university says 96 percent of Lawrence students are receiving need or merit-based financial aid this school year.
WLUK-TV (http://bit.ly/1pjxcMe ) reports Lawrence President Mark Burstein says a gift this size will truly change lives. Burstein says its magnitude is immeasurable and will impact generations of students from across the country and the world.
Lawrence provided about $33 million in institutional financial aid this academic year. The university's previous largest gift was $16 million in 2006 for the Warch Campus Center.
___
Information from: WLUK-TV, http://www.fox11online.com
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
