BB&T makes major contribution to Campbell University
Campbell University announced a gift of $700,000 from
BB&T, a financial holding company that operates more than 1,400 branch offices
in the Carolinas, Virginia, West Virginia, Kentucky, Florida, Georgia, Maryland,
Tennessee, Alabama, Washington, D.C., and Indiana. The $700,000 commitment to
Campbell will be used to create scholarships for students interested in majoring
in business, trust and investment management, law or those receiving a Master of
Business Administration degree.
“These scholarships will be based on merit with a goal
of attracting and retaining high performing students who might otherwise not
attend Campbell,” said John A. Allison, chairman and CEO of BB&T. “The
scholarships will be annually renewable based on grades and/or other standards
developed by Campbell. In theory, a student could receive a scholarship every
year of his or her four-year term.”
“Campbell University is very grateful for the
investment BB&T is making in the university through this magnificent scholarship
program,” said Campbell President Dr. Jerry M. Wallace. “Recruiting and
retaining students are two of the most critical challenges facing any
institution of higher learning. The establishment of the BB&T scholarship
program will greatly advance the university’s competitive edge in recruitment
and retention.”
Bulletin 0015-1/23/06 |