Brown University receives $20 million gift for veterans' scholarships

Brown University receives $20 million gift for veterans' scholarships

Brown University has announced a $20 million commitment from Joseph P. Healey in support of its plan to double the number of veterans enrolled as undergraduates by 2024.

Announced on Veterans Day, the gift includes $10 million to create the Elaine and Joseph Healey Scholarship for Veterans, an endowed fund aimed at eliminating all out-of-pocket costs toward undergraduate tuition and fees for undergraduate veterans. In addition, a $10 million bequest in honor of Healey's mother will establish a scholarship for students in the Resumed Undergraduate Education program, including those who delayed their undergraduate study due to family commitments, financial concerns, health issues, military service, employment opportunities, or a compelling need to explore another path, with priority given to veterans; Healey's mother earned her degree through the program in 1980. 

A parent of two Brown students and a U.S. Army veteran who served as a first lieutenant in the U.S. Army Medical Service Corps, Healey is co-founder of investment management firm HealthCor. "A Brown degree is a ticket that opens doors for the rest of your life," he said. "To give veterans who have served our country a chance to attend Brown — the way that Brown gave that chance to my mom, and the military gave a chance to me — was a unique opportunity to return an investment that was made in my mother and in me."

As part of a five-year plan launched in 2019, Brown extended its need-blind admission policy to include those who have served in the U.S. Armed Forces, beginning with the Class of 2024; made standardized test scores optional for all undergraduate applicants who have served in the U.S. military; strengthened recruiting through a partnership with Service to School, a nonprofit that counsels veterans on admission to highly selective colleges and graduate schools; and increased financial support for veterans, replacing all family contributions with scholarship aid and boosting the U.S. Department of Veterans Affairs' Yellow Ribbon awards, which fully cover tuition and fees. 

"As the university has expanded military partnerships and more veterans have pursued undergraduate degrees at Brown, we have pledged to expand support for these exceptional students," said Brown University president Christina H. Paxson. "In doing so, we honor the sacrifices they have made to uphold our freedoms and strengthen the academic experience of every member of our community, which benefits from the unique perspectives and experiences our student veterans contribute. This generous gift from Joe Healey and his family marks a major step toward fulfilling our promise."

(Photo credit: Brown University)