Gustavus Adolphus Receives $40M Gift Commitment From Couple
ST. PETER, Minn. (AP) _ Gustavus Adolphus College is receiving a gift
commitment of $40 million, the largest in the southern Minnesota school's
Officials of the private liberal arts college in St. Peter announced the gift
Tuesday. The gift comes from an alumni couple who wishes to remain anonymous.
Gustavus President Rebecca M. Bergman says the donors want the college ``to be
at the forefront of liberal arts education well into the future.''
The gift will provide significant scholarship funding to the most talented
incoming students and support renovation and expansion of the Nobel Hall of
Science. The $70 million project will double the size of the college's
laboratory science building.
Most of the scholarship funding for high-achieving students will be earmarked
for the Trustee and Promise Scholarship programs, which were launched last fall.