Loyola College Chicago introduced a $100 million present from John and Kathy Schreiber to fund complete scholarships, room and board, and complete improve services and products for Black, Latino, first-generation and different ethnically and racially numerous scholars who’re traditionally underrepresented in upper training. The present is the most important in Loyola’s historical past.
The present may be the beginning of an effort through the college to create a $500 million endowment to improve such support.
“Scholars with skill, grit, and promising management attainable are, some distance too steadily, ignored of life-changing scholarship alternatives and services and products because of instances past their keep watch over. At Loyola Chicago, our Jesuit, Catholic project is to hunt out and improve somebody who’s historically underserved and embody the ones prepared to paintings onerous and thrive,” stated Jo Ann Rooney, president of Loyola College Chicago