University of Virginia Receives $10 Million for Scholarships

University of Virginia Receives $10 Million for Scholarships

The University of Virginia in Charlottesville has announced a $10 million gift from the Hunter Smith Family Foundation in support of UVA-Wise, the university's liberal arts college.

The largest gift in the college's history will be matched dollar-for-dollar by the UVA Bicentennial Fund, with the funds being used to create a $20 million endowment for scholarships. Programs to be funded by the gift include the Carl W. Smith Bicentennial Scholar Scholarships, named after Hunter Smith's late husband, which will make a UVA-Wise education possible for qualified high school and community college students from the state, many of them from communities in central and southwestern Virginia; the Wise Scholars program; and the Chancellor's Scholars programs. The gift also will establish the Carl W. Smith Bicentennial Scholar-Athlete Program, which will provide scholarships to student-athletes from Virginia and beyond.

"Mr. and Mrs. Smith and the Hunter Smith Family Foundation have always been exceptionally kind to UVA-Wise," said UVA-Wise chancellor Donna P. Henry. "The generous gift we received today gives us the opportunity to make the dream of a college education possible for hundreds of students for years to come. In many cases, these scholarships could be the deciding factor for many deserving high school and community college transfer students who worry that a four-year college degree is out of their financial reach."

(Photo credit: Tim Cox)