College of Chicago Receives $10 Million for Veterans Scholarships

The College of Chicago Sales space College of Enterprise has introduced a $10 million reward from the Harper Household Basis in assist of scholarships for veterans.

The Harper Household Basis Veteran Students Fund will present monetary help to academically completed present and former members of the U.S. Armed Forces enrolled in Sales space’s full-time, night, weekend, and government MBA applications. The Harper Basis was launched by Sales space alumnus and U.S. Military veteran Charles “Mike” Harper (’50) earlier than his demise in 2016. Marine Corps veteran and Sales space alumnus Eric Gleacher impressed the reward by encouraging the inspiration to double the influence of a $10 million reward for veterans scholarships reward he made to the college in 2016.

Chicago Sales space has constructed a status for offering assist to veterans by the Yellow Ribbon Program, a voluntary program that permits universities to enter into an settlement with the U.S. Division of Veterans Affairs to underwrite tuition and charges that exceed established thresholds beneath the Submit-9/11 GI Invoice. Since 2006, the college has seen an almost 300 p.c enhance in veterans in search of an MBA, together with a report seventy-one veterans enrolled in 2018-19.

“This reward suits properly with my father’s persona and his allegiance to each the nation and the army,” mentioned Harper’s son, Michel “Mike” Harper. “The entire function of our basis is to make transformative investments that encourage and reward management, supporting a person’s path to success so they might amplify their potential.”

“Army veterans are an incredible asset to the Chicago Sales space group. The expertise, dedication to service, and maturity that they carry are extremely useful to us,” mentioned Chicago Sales space dean and George Pratt Shultz Professor of Accounting Madhav Rajan. “We’re dedicated to growing scholarship assist and are grateful to the Harper Household Basis, whose beneficiant reward will permit extra veterans to learn from a Sales space training.”

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