The recent Board of Trustees meeting at Lake Superior State University was more profitable than usual, thanks to a million-dollar donation and a crew of contributors.
Two new scholarship opportunities were set up at the meeting July 15th.
Tom Coates is the Executive Director of the LSSU Foundation. He said one of the scholarships comes from an eastern UP resident, Tom Considine, who is an advocate of people learning technical skills.
Coates said Considine wanted to give back to his hometown by donating over $1 million towards two annual full-tuition scholarships to LSSU.
Coates said the timing of these donations is perfect, since LSSU wants to put more attention toward scholarship opportunities.
"It's really an area that we're trying to focus on, and with the challenges students are having to fund a college education, we're just hoping that we can continue to grow and make more opportunities available for student that want to attend LSSU."
Coates said the second scholarship announced at the board meeting was an endowment fund that finally reached its goal of $25 thousand. The scholarship is named after LSSU business professor Madan Saluja. Contributions toward this fund came mostly from alumni - many of them Saluja's former students
Picture by Bobak Ha'Eri (Own work) [GFDL (www.gnu.org/copyleft/fdl.html), CC-BY-SA-3.0 (www.creativecommons.org/licenses/by-sa/3.0/) or CC-BY-2.5 (www.creativecommons.org/licenses/by/2.5)], via Wikimedia Commons