UND Homecoming - Aerospace Endowment
Doug Barrett | Oct 3, 2017 AT 3:34 pm
The University of North Dakota has landed a one-point-five million dollar scholarship endowment for freshmen students at the John D. Odegard School of Aerospace Sciences. The funding is a partnership between the James C. Ray Foundation…U-N-D Aerospace Foundation…and Alumni Association.
Ray is a noted aviation philanthropist who died in April at the age of 94. Longtime friend and foundation member Chuck Ahearn says Ray had a passion to inspire young people.
U-N-D President Mark Kennedy called the endowment a force multiplier for the university that will continue to help attract the best and brightest students to the aerospace program.
Alumni Association C-E-O DeAnna Carlson Zink says the scholarships will impact students and help take away debt. Zink says the top scholarship today – the Presidential Scholarship – covers roughly 36-percent of a student’s tuition and fees. A decade ago it was worth 65-percent of those costs.
Ray has donated some 25-million dollars to UND aviation and innovation programs over the years.