Lawrence receives largest gift in school's history

By The Associated Press | Posted - Sep. 17, 2014 at 10:21 a.m.



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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.

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Information from: WLUK-TV, http://www.fox11online.com

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The Associated Press

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