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WEDNESDAY, NOVEMBER 25, 2009
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U Chicago Receives $100 Mil Gift

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(Newser) – An anonymous donor has pledged the largest gift ever—$100 million—to the University of Chicago. The gift's purpose is to eliminate student loans for undergraduates from low-income families. The donor came from a family of modest means and has, quite obviously, done well for himself . The university identified the donor only as a man. 

The donor refers to his undergraduate experience at the U of C as the center of the "Archimedean comedy of my personal and professional life." In another tip of his hat to his educational loves, the grants will be called Odyssey Scholarships.

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Official Press Release

The University of Chicago receives anonymous $100 million gift for undergraduate financial aid
University of Chicago


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Chicago • student loans • University of Chicago • big gifts • Archimedes • donation • Odyssey Scholarship

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