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UVI Receives $250,000 for Permanent Endowment Fund from Diageo North America

The University of the Virgin Islands has received $250,000 from Diageo North America to create a permanent endowment fund and provide financial aid grants to talented students across different disciplines and majors. This is part of a broader innovative program that Diageo North America announced to support 25 Historically Black Colleges and Universities (HBCUs), focused on building opportunities to develop future leaders and help shape a more equitable society. The initiative is expected to benefit thousands of students over the years across the country.  

The Diageo North America Endowed Scholarship Fund will be used to provide scholarships to at least 10 students each year in perpetuity. Eligible students must be enrolled as a full-time student in an academic program of the University. Students can pursue a degree in any major, but preference will be given to engineering, chemistry, marketing, and communications majors. Additionally, students must maintain a grade point average of at least 2.75 and meet the University’s general scholarship requirements, such as academic standards and code of conduct.  

“We are thankful Diageo North America is investing in HBUCs and the University of the Virgin Islands. This partnership is a message that the private sector and the public sector must come together to ensure that HBCUs are supported at the appropriate level so we can fulfill our special and unique mission to society,” said UVI President, Dr. David Hall. “This endowment shows how Diageo is embracing a vision of student support and institutional transformation.” 

More information is available in a news release on the Media Section of the UVI - and from this direct link