by ago 0 views
The University of Arkansas at Little Rock has launched a new scholarship program with the support of a $7.5 million gift from the Windgate Foundation.
UA Little Rock announced the creation of the Enduring Opportunity Scholarship Fund on Friday (May 2). The Windgate Foundation’s gift includes $5 million to establish a permanent endowed scholarship fund, creating a sustainable source of financial support for future students, and $2.5 million in immediate-use funds to support affordability initiatives over the next several years while the endowment grows.
“The Windgate Foundation is pleased to support the University of Arkansas at Little Rock in its ongoing efforts to expand educational opportunities for students,” said Pat Forgy, executive director of the Windgate Foundation.
“We are proud to support Chancellor Drale and the entire UA Little Rock community for their thoughtful leadership and unwavering dedication to student success… It is our sincere hope that this gift will help open new doors, create meaningful opportunities, and ensure that more students can access the quality education they deserve—today and for generations to come,” Forgy added.
The Enduring Opportunity Scholarship Program builds on earlier initiatives such as the Half-Off Scholarship and Trojan Guarantee, made possible by a $25 million anonymous gift in 2020.
“For the last five years we’ve made affordability a top priority for our students. We knew that to move the needle on educational attainment, we had to step up our game in the area of need-based student aid,” UA Little Rock Chancellor Christina Drale said.
“We were fortunate to receive a substantial anonymous gift in 2020 that allowed us to take bold steps in reimagining how we structure our scholarships and to introduce new initiatives. In order to sustain this momentum, our goal has been to create a structure that will help ensure that we can offer these opportunities in perpetuity. This generous gift from the Windgate Foundation does that and represents a powerful investment in the future of Arkansas. We are deeply grateful for their partnership in building a legacy of opportunity and success for our students,” she added.
With the Windgate Foundation gift, UA Little Rock has now raised $225.5 million toward its $250 million campaign goal ahead of the university’s 100-year anniversary in 2027.
Arkansas headlines delivered
to you on demand
by Shannon Newton
by Shane Knight
by Olivia Walton
by Tracy Chambers
by Anthony Bland
ago
ago
ago
ago
ago
6,593 views
2,300 views
2,094 views
1,815 views
1,731 views
Talk Business & Politics is a news website that covers business, politics and culture in Arkansas. You can also sign up for daily e-mail news delivered every morning to your inbox.
by Michael Tilley
by Michael Tilley
