The University of the Ozarks in Clarksville, Arkansas, has announced a $10 million gift from the Walton Family Foundation in support of an endowed scholarship program designed to assist promising students from low- and middle-income families.
Through the program, as many as sixteen Frontier Scholarships will be awarded to students entering as freshmen in the fall of 2017, with about sixty scholars expected to be enrolled in the program by the fall of 2020. The foundation and the Walton family have long supported the university. Helen Walton joined its board in 1974, served as chair, and was named honorary lifetime chair in 1985. The university also is a host school for the Walton International Scholars Program and is home to the Walton Fine Arts Center and Robson Memorial Library, which is named after Helen Walton's parents. In addition, the Waltons have established several other endowed scholarships and professorships at the university.
"We are proud of the quality of education we provide to our students, especially at a cost that defies national trends,” said Dave Daily, moderator of the faculty senate and a professor of religion at the school. “We've already eliminated hundreds of dollars in fees while not raising the cost of tuition, room, and board. With this generous gift, we will be able to extend the reach of an Ozarks education even further."