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Scripps College News News Releases Scripps Receives $5.7 Million Commitment for Financial Aid

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October 30, 2008

Scripps Receives $5.7 Million Commitment for Financial Aid

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An anonymous donor has committed to providing $1.9 million a year for the next three years in support of the successful James E. Scripps Scholars Program, Interim President Fritz Weis announced today. The gift will fully fund the JES program from restricted sources for the next three years during these challenging economic times and will free up unrestricted funds for use in support of other financial aid programs and priority needs of the College, according to Weis.

While the College continues to seek restricted gifts for those scholarship and financial aid programs that rely on the unrestricted funds of the College, this strategic gift ensures that the College will be able to continue to meet the demonstrated financial need of all students in the face of these uncertain years ahead.

“Without question, this is the single largest gift in support of scholarship in the College’s history,” said Weis. “Please join me in celebrating this most generous support of Scripps College and its students on behalf of this donor.”

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