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Rajen Kilachand, a Dubai-based global entrepreneur, has pledged $25 million to Boston University, announced BU President Robert A. Brown. Kilachand’s contribution, the largest in school history, will support and rename the University’s Honors College in honor of his parents, whose full name will become the Arvind and Chandan Nandlal Kilachand Honors College. Kilachand, who earned an MBA from the Boston University Graduate School of Management in…
A family donating $30 million to McMaster University wants to speed up the development of stem cell therapies. Of the total going to the Hamilton, Ont., university, $24 million will be used to establish the Boris Family Centre in Human Stem Cell Therapies, which will speed the commercial development of discoveries made at the McMaster Stem Cell and Cancer Research Institute. The other $6 million is for a unique clinic that will allow patients wi…
A nonprofit, tuition-free online university started by an Israeli entrepreneur last year has attracted 300 students and is seeking to carve out a niche in the largely commercial online-education field. The University of the People began classes in September with students from nearly 50 countries, mostly in the developing world. Shai Reshef, a veteran of Internet-based educational ventures, has won the backing of the United Nations for the proje…
Many of the world’s leading Western universities are reaching out to the East, setting up campuses and forging relationships in Asia. But one renowned Asian university is looking to the West for inspiration as it builds four residential colleges using a North American and British hybrid model. The flagship National University of Singapore will kick off a phased opening of the city-state’s first residential colleges in August 2011. It…
Edison State College, a public institution in Florida that offers primarily associate degrees, has proposed creating Edison University. The University would be a separate, private institution and would represent the first partnership of its kind in Florida higher education. Graduates of the college’s two-year program would be automatically admitted to Edison University, which would be located on the public college’s campus. Full tex…
Western Governors University, has received a $4.5 million grant from the Bill & Melinda Gates Foundation to help leverage the online university’s state subsidiaries to expand access to affordable, competency-based higher education. The grant will be used to support development and outreach for WGU Indiana, WGU Washington, and WGU Texas, as well as to launch additional state subsidiaries in the future. Western Governors University was…
Two longtime University of Iowa supporters are donating $10 million to the university to help promote pediatric medicine at the hospital and medical school, UI officials announced Wednesday. Jerre and Mary Joy Stead, both natives of Maquoteka who attended the University of Iowa in the 1960s and now live in Scottsdale, Ariz., said the gift will be used to improve patient care and research in pediatric medicine. Full article text is available via …
Long-time university benefactor Dr. Herbert Wertheim recently gave a $20 million gift to the Florida International University College of Medicine, the largest cash donation in university history. The gift is eligible for the State of Florida’s Major Gifts Challenge Grant Program, making its total impact $40 million. Full-text press release is available via FIU.edu, 6.12.09. …
The last local heir of a family that helped establish what became Case Western Reserve University, Society Bank and University School has given one final gift to Cleveland. James Wood Williamson, a retired industrial engineer who lived in Canfield, died at age 93 in 2009. He left instructions for how to disperse the fortune amassed by the family of banking and industrial leaders, estimated at $50 million. The largest of gifts, $23.5 million, goe…
Hofstra University has eliminated its football program and will redirect the team’s $4.5-million budget toward new academic ventures and need-based scholarships, the university’s president said today, echoing a similar announcement last week at Northeastern University. The Hofstra team suffered from low attendance and flagging interest among students and the local community, and financial support was dwindling, the president, Stuart…