UTRGV receives $40 million grant from philanthropists

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UTRGV

RIO GRANDE VALLEY, Texas (KVEO) — The University of Texas Rio Grande Valley received a $40 million gift from philanthropists.

Philanthropists MacKenzie Scott and Dan Jewett gifted $40 million to enhance the university mission of student success and expanding educational opportunities, according to UTRGV’s The Newsroom.

Scott and Jewett recognized the university based on the success it has had as the second-largest Hispanic Serving Institution in the country.

UTRGV President Guy Bailey said the grant will provide scholarships for incoming and returning students.

“This is truly a significant day for UTRGV that should be celebrated by all of us. We are extremely grateful to Ms. Scott and Mr. Jewett for their incredible generosity. This gift, and the support we continue to receive from many others, will help UTRGV continue to transform the Rio Grande Valley and beyond.”

UTRGV President Guy Bailey

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