Rubenstein Gives $13 Million to UChicago for Law Scholarships

Rubenstein Gives $13 Million to UChicago for Law Scholarships

The has announced a $13 million gift from businessman and philanthropist David M. Rubenstein in support of a scholarship program at its .

The gift will fund full-tuition scholarships through the — established in 2010 with a gift from Rubenstein — for nearly sixty students in the classes of 2020, 2021, and 2022. By enabling law students to graduate free of student loan debt, the program makes it easier for them to pursue their interests in law early in their career. A university trustee and alumnus ('73) who attended the law school on a full-tuition scholarship, Rubenstein has donated a total of $33 million to the program.

Two years after he graduated, Rubenstein left his law firm job to work as chief counsel to the U.S. Senate Judiciary Committee's Subcommittee on Constitutional Amendments and later served as President Jimmy Carter's deputy assistant for domestic policy before returning to private practice and co-founding the Carlyle Group, a global alternative asset management firm.

"The connections and experiences I gained at the law school put me on a career path that would not have been possible had I not received a scholarship," said Rubenstein. "I'm indebted to the law school for what it has given to me, and I am grateful to be able to pay it forward."