Northwestern Receives $3.9 Million in Support of Low-Income Students

Northwestern Receives $3.9 Million in Support of Low-Income Students

Northwestern University in Evanston, Illinois, has announced gifts totaling $3.9 million in support of financial assistance and programming for low-income and first-generation students.

The gifts include a $2.4 million estate commitment from alumna Gita Blumentals Budd ('76, '78 MBA) and her husband, J. Mark Budd, and a $1.5 million gift from Steven A. Cahillane ('87) and Tracy Tappan Cahillane ('88) to fund programming and financial assistance for students in need and those pursuing unpaid summer internships. Some $2.7 million of the total will benefit the university's Student Enrichment Services, which provides qualified students with financial assistance to offset the costs of student activities, health and wellness co-pays, emergencies, and basic needs such as textbooks, laptops, and winter coats. The remaining $1.2 million will support the Summer Internship Grant Program, which awards stipends to students participating in unpaid summer internships. 

"I am extraordinarily proud of Northwestern University for increasing its commitment to low-income and first-generation undergraduate students," said Gita Budd, who is an active member of Northwestern's "We Will" fundraising campaign and the Northwestern University Leadership Circle in Washington, D.C. "Thanks to the hard work of my mother — who was the first person in her family to attend college, after coming to the United States as a 'displaced person' following World War II — I was blessed to have sufficient financial resources to complete both of my Northwestern degrees. I want to help pass along this blessing to current and future NU students and to be part of the effort to show these students that Northwestern alumni 'have their backs' and look forward to welcoming them as active members of the broader alumni community upon their graduation."

"Tracy and I passionately believe that access to a quality education is a vital equalizer in society; but we also know that the educational experience can be very different if one doesn't have sufficient resources to make the most of it," said Steve Cahillane, CEO and chairman of the board of the Kellogg Company and himself a first-generation college student. "We are privileged to be able to help these deserving students have a more fulsome Northwestern experience."

"Alumni Leaders Commit $3.9 Million to Support Low-Income Students." Northwestern University Press Release 12/17/2018.