Education

In Tough Time, University of Michigan Pushes Forward With Fundraising Efforts
April 16, 2009

April 15th, 2009, Michigan Daily — Facing an economy filled with tight wallets and the word recession in the air, many colleges across the country are cutting back on their fundraising and development staffs. But in an interview yesterday, Vice President for Development Jerry May said the University isn’t following the trend.

Colleges Ask Donors to Help Meet Demand for Aid
April 16, 2009

April 16, 2009, The New York Times — Faced with one of the most challenging fund-raising environments anyone can remember, colleges and universities are appealing to donors to help meet the swelling demand for financial aid.

The Michael & Susan Dell Foundation Awards $6,000,000 in Scholarships to 300 Graduating Seniors
April 10, 2009

AUSTIN, Texas, April 10, 2009 — As part of a scholarship program unique in the type of students it supports and its retention rates that far exceed the national average, the Michael & Susan Dell Foundation's Dell Scholars Program today awarded 300 students with $6,000,000 in college scholarship funds. To date, the Dell Scholars Program has awarded 1,250 scholarships and paid out $25 million in scholarship funds.

NEF Offers $180 Million Matching Grant to Schools
April 9, 2009

ALEXANDRIA, Va., April, 9, 2009 — Dr. Appu Kuttan, Chairman of the National Education Foundation (NEF), the national nonprofit leader in bridging the digital and academic divides, announced today a nationwide $180 million matching grant initiative for schools.

Montclair State Receives Largest Anonymous Gift in its History
April 8, 2009

April 8, 2009 — Montclair State University has been the recipient of the largest anonymous gift in its history. The University was presented with a surprise $5 million gift by a representative of the donor late last week. Most of the funds are designated for scholarships for women and minorities. The University has absolutely no information about the identity of the donor, but the representative of the donor is from a bona fide and substantial organization.

Princeton Endowment May Fall by 30 Percent
April 8, 2009

Princeton, N.J., April 7, 2009, The Daily Princetonian — Revised projections that the University endowment will lose 30 percent of its value by the end of this fiscal year have forced administrators to cut next year’s budget by $88 million, President Tilghman announced in an e-mail to the campus community Monday morning.

Yale Gets $50 Million Gift for Global Affairs Center
April 3, 2009

HARTFORD, Conn., April 3, 2009, Newsday — Yale University will use a $50 million gift from a New Jersey couple to launch a new global affairs program designed to better prepare students for careers in diplomacy and other international jobs, school President Richard C. Levin said Friday.