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Alumni Family Establishes $5 Million Scholarship

09.23.2013

HIGH POINT, N.C., Sept. 23, 2013 – An alumnus of High Point University established a new scholarship fund valued over time at $5 million. The funds will support students studying business and communication and be open to all eligible entering freshmen at HPU. The anonymous donor is a graduate who has been successful as an entrepreneur and community leader. He is a life member of HPU’s Board of Trustees and resides in the Piedmont Triad.

“We believe in the stewardship of the university,” says the alumnus, “and joyfully support its mission of providing holistic education to generations of students who will influence the future of our country and our world.”

“This family has been a faithful advocate of the university and an influential guiding light as we seek to transform the institution and sustain its impactful future,” says HPU President Nido Qubein. “We are deeply grateful for this commitment of resources and for their continued faith in our work.”

This is the latest in a string of gifts to the university. Earlier this month, Doug Witcher, CEO of Smart Choice and an alumnus, pledged $2 million to HPU. In August, HPU received a $10 million gift from Ron Wanek, CEO of Ashley Furniture. And in the spring, parents of current students committed $16 million toward the Center for Student Success.

High Point University enrolls 4,300 students from 26 countries and 47 states and is halfway in its long-term plan to expand and nurture academics, athletics and student life. The university announced recently the construction of three major buildings and the start of two new schools of pharmacy and health sciences.

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