The University of North Carolina at Chapel Hill has announced a $25 million bequest from a donor who wishes to remain anonymous in support of graduate school fellowships.
The gift will support graduate students in the College of Arts and Sciences who teach or mentor undergraduate students in the classroom or a research setting, providing a stipend for the academic year to more than two hundred fellows annually; fellows also will be eligible to apply for a summer stipend to cover the costs of participation in academic conferences and/or travel.
"Graduate students are vital contributors to the university," said the donor. "They carry a heavy academic load, along with teaching and mentoring duties. A strong research university cannot thrive without the support of first-class graduate work. Financial support is frequently the determining factor for top graduate scholars, particularly those wishing to avoid debt. This support will help them focus on why they chose to pursue an advanced degree. The level of graduate support is frequently a significant factor in attracting and retaining first-class professors. Without privately funded graduate fellowships, Carolina would be unable to sustain a reputation as a leading public research university."