Thursday, March 3, 2011
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A $14.4 million estate gift to Emory University from alumnus James E.
Varner Jr. will provide financial aid to students through Emory Advantage, a program that allows qualified students accepted to Emory to attend without worrying about how they can afford it.
Varner, who graduated from Emory in 1943 with an economics degree, left the bulk of his estate to the Emory College of Arts and Sciences for student support.
The Emory Advantage financial aid program was established in 2007 to ensure access to an Emory education for qualified undergraduate students from families with total annual incomes of $100,000 or less.
Through the program, need-based grants reduce the education debt burden for undergraduate students at Oxford College, Emory College of Arts and Sciences, the Nell Hodgson Woodruff School of Nursing and Goizueta Business School. Since its inception, nearly 1,300 students have benefited from the program.
Varner's gift is part of Campaign Emory, a $1.6 billion fund-raising endeavor that combines private support and Emory's people, places and programs to make a powerful contribution to the world.