USF receives anonymous $5-million gift

FEBRUARY 29, 2008

TAMPA - An anonymous donor has given the University of South Florida a $5-million gift to support academic and scholarship programs for underrepresented students. The $5-million is eligible for a dollar-for-dollar match from the state'??s matching gift program, according to a news release from the school.

Of the $10-million, $8-million will go to need-based scholarship initiatives, with preference given to women and minorities as part of the USF Diversity Scholarship Initiative. The remaining $2-million will create the USF Academic Endowment Fund, which will be used as unrestricted academic support where it is most needed, according to the release.

The gift comes on the heels of an announcement by the Helios Education Foundation of a $2-million gift to USF to create the Helios Education Foundation Endowed Scholarship Fund. The Helios gift is also eligible for the dollar-for-dollar match from the state.

Posted by Ron Matus at 2:23:17 pm on February 29, 2008 in

Higher Education

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