$10 Million Anonymous Gift Reduces Select Wake Forest Students' Tuition by $16,000

A $10 million grant from an anonymous donor will give select Wake Forest University (NC) students $16,000 each to put toward their college educations. Each of the 120 first-generation students in the Magnolia Scholars program will receive a $4,000 annual award beginning this fall. The endowed gift will continue to benefit all Magnolia Scholars who follow in perpetuity.