The University of North Carolina at Chapel Hill has announced a $10 million challenge gift in support of the Morehead-Cain Scholarship program from an alumnus of the program who wishes to remain anonymous.
The Give Together Scholarship Challenge will match other gifts in support of the program, dollar for dollar, up to $10 million. Founded seventy-five years ago by UNC alumnus John Motley Morehead III, the first merit scholarship program in the United States provides a four-year, fully funded educational experience at UNC-Chapel Hill, global summer enrichment experiences, access to Discovery Fund grants, and networking opportunities to talented, high-achieving students. If the challenge is met by December 31, 2022, the $20 million will enable the program to support seventy-five Morehead-Cain scholars per class.
"Morehead-Cain Scholars and alumni have transformed Carolina and beyond for over seventy years," said UNC interim chancellor Kevin M. Guskiewicz. "This distinguished scholarship program plays an integral role in helping our university shape the next generation of innovative leaders. With this incredible donor's generosity and the support of the entire Carolina community, we will have a life-changing impact on so many students' lives who will benefit each year from this amazing gift."