Purdue gets $5M gift from anonymous donor

By: Associated Press Email
By: Associated Press Email

WEST LAFAYETTE, Ind. - Purdue University has received a $5 million gift from an anonymous donor that will finance scholarships and efforts to make the school more affordable for students.

University officials say the gift has matching elements that could ultimately provide more than $9 million for students.

Purdue President Mitch Daniels says the anonymous donor's generosity could motivate others to join a push to make the cost of attending Purdue more affordable.

Purdue announced a two-year tuition freeze last year that Daniels is asking the school trustees to extend for a third year.

The $5 million gift includes $3.75 million that will create a Purdue Affordability Scholarship Challenge. That dollar-for-dollar match brings the potential for $7.5 million in new endowed scholarship support.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 245809181 - wndu.com/a?a=245809181