Furman University Receives $22.3 Million From Duke Endowment

Furman University Receives $22.3 Million From Duke Endowment

in Greenville, South Carolina, has announced a $22.3 million gift from the to enhance a scholarship program designed to attract the most talented students to the school.

The grant includes $22 million to augment the program, which provides full-tuition scholarships to students who display exceptional academic achievement and distinctive personal accomplishment. The remaining $300,000 will support ongoing efforts to prepare Duke Scholars for post-graduation opportunities by integrating their academic experience with four years of individual mentoring and advising.

Since 1911, the endowment has awarded $161 million to Furman, the lone institution of higher education in South Carolina it continues to support on an annual basis. The endowment also supports Davidson College, Duke University, and Johnson C. Smith University, all of which are in North Carolina.

"We have been proud partners with the Duke Endowment for nearly a century, and we are grateful not only for this extraordinary gift but also for the endowment’s continuing confidence in Furman’s direction going forward," said Furman president Elizabeth Davis. "It's a strong signal to others who want to support excellence and the next generation of leaders, particularly at a time when access to higher education is more important than ever. This generous grant will help us attract the most academically talented students to Furman regardless of their financial need and provide them with experiences that will enrich their academic journey while they are here."

"." Furman University Press Release 11/05/2015.