Vanderbilt Receives $25 Million for Military Scholars Program

Vanderbilt Receives $25 Million for Military Scholars Program

Vanderbilt University in Nashville, Tennessee, has announced a $25 million gift from the Lee and Ramona Bass Foundation in support of financial aid for military veterans.

The Bass Military Scholars Program will address the financial aid needs of military veterans in the university's Law School, Owen Graduate School of Management, Peabody College, School of Medicine, and School of Nursing, funding at least six scholarships for veterans starting in the 2019-20 academic year. When fully endowed, the program is expected to support a cohort of forty students annually across the five schools and colleges. Vanderbilt is conducting a national search for a former military officer to lead and work with the provost and deans to build out the program.

At the donor's request, one of the program's scholarships will be designated for former U.S. Navy officers and is named in honor of alumnus John S. Beasley II, who served as an officer in the U.S. Navy, received his bachelor's and law degrees from Vanderbilt in 1952 and1954, and retired in 1999 after a thirty-seven-year career at the university. Lee Bass has served on Vanderbilt's board since 2009.

"Military veterans know the true meaning of service, of leadership, of community. Those are key values that have long driven the university's mission," said Vanderbilt chancellor Nicholas S. Zeppos. "The Bass Military Scholars Program reinforces our and the donor's commitment to those deeply held principles. As one of the world's leading destinations for graduate and professional education, we are honored to be able to serve veterans through this innovative new program, made possible with visionary philanthropy."

"Vanderbilt University Launches Bass Military Scholars Program." Vanderbilt University Press Release 09/12/2018.