The in Durham has announced a $10 million gift from longtime benefactor Dana Hamel in support of scholarships for in-state students.
Hamel's gift will boost support for the state’s most promising students through the . Dana and Karol Hamel and their family established the program in 2007 to provide financial support and special recognition to exceptional students who have demonstrated academic excellence, leadership, and community involvement. In 1996, the Hamels made a gift toward construction of a student recreation center, and in October 2000 the family helped endow the Hamel Center for Undergraduate Research, which provides ongoing funding for UNH's and .
Dana Hamel received a degree in economics from in 1952 and an MBA from the in 1954. After serving as an officer in the U.S. Army’s Quartermaster Corps, he worked for and a small start-up business before co-founding Penn Corporation in 1964, where he served as chairman until it was sold in 1987. He serves on the investment committee of the and the .
"This gift will make an enormous difference in the lives of so many of our students," said UNH president Mark Huddleston. "Thanks to Dana's generosity and commitment to the state of New Hampshire and its people, we can compete for the state's best and brightest students. Access and affordability are the two single most important challenges we face as an institution, and it is partnerships like this one that will help us succeed."