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University of Hawaiʻi at Mānoa Receives Grant from the Starr Foundation to Build Scholarship Endowment
(Honolulu,Hawaiʻi) -
The C.V. Starr Foundation of New York, N.Y. recently awarded a $200,000 grant to the University of Hawai
ʻi
Foundation (UHF) to be used for scholarships for students at the University of Hawai
ʻi
at Mānoa campus. The funds will augment the C.V. Starr Scholarship
Fund, a permanent endowment originally established in 2001.
“We are extremely pleased the C.V. Starr
Foundation has established and continues to fund its Scholarship Fund
for students at the Mānoa campus
of the University of Hawai
ʻi,” said UHF President Betsy Sloane. “Since
establishing this Fund the Starr Foundation has contributed a
total of $600,000 to make it one of the Foundation's single largest
scholarship endowments.”
The C.V. Starr Foundation was established in
1955 by Cornelius Vander Starr who founded the American International
family of insurance and financial service companies, now known
as American International Group, Inc. It makes grants in a number of areas including education,
medicine and healthcare, public policy, human needs, culture,
and the environment.
Money from the fund will be awarded on an annual
basis based upon the scholarship needs of the University of Hawai
ʻi at Mānoa
as determined by its Chancellor, Peter Englert.
“We plan to use this scholarship fund for two priority areas. One area is to help the university fulfill
its special obligation to the state's indigenous people by supporting scholarships
with preference given to native Hawai
ʻian students pursuing undergraduate
or advanced degrees in science and/or technology,” said Englert. “The
other is to support students pursuing graduate degrees in Asian Studies. As one of the nation's leading universities
in Asian Studies, the University of Hawai
ʻi depends on outside funding to attract the best
students.”
About the University of Hawaiʻi Foundation
The University of Hawai
ʻi Foundation is an independent, nonprofit
organization whose purpose is to raise private funds according to priorities
determined by the academic leadership of the University of Hawai
ʻi.
Founded in 1955, the Foundation provides a full range of fund
raising and alumni relations services for all 10 UH campuses.
For more information on the Foundation, visit
www.uhf.hawaii.edu.