San Jose State University has announced a $2.5 million gift from alumna Gloria Chiang ('78, MBA '79) and her husband, Michael, in support of scholarships and pre-professional endeavors at the Don and Sally Lucas College and Graduate School of Business.
The gift includes support for the Gloria and Michael Chiang Scholarship, which will provide renewable, full-ride scholarships to two undergraduate students majoring in business who have demonstrated academic excellence and financial need. A portion of the gift also will augment an endowment fund managed by the Tower Foundation of San Jose State University in support of the business school's new Professional and Career Readiness initiative. The initiative provides business students with integrated curricular and co-curricular offerings designed to enhance both their professional and soft skills.
"On behalf of San Jose State University, I would like to express my profound gratitude to Gloria and Michael Chiang for their generous gift," said Dan Moshavi, dean of the business school. "It is especially touching when a graduate expresses gratitude for the wonderful opportunities she has enjoyed by supporting others so they may experience the same."
"I was lucky enough to have attended SJSU when tuition was free, and I realize how expensive it is nowadays to go to college, especially after my experience with helping a niece through her graduate degrees," said Gloria Chiang, who earned a bachelor's degree in business administration and an MBA from SJSU and now serves as president of the Davidson Family Foundation. "I think even student loans are outrageously expensive and onerous."