University of Arkansas Earmarks $64 Million For Doctoral Fellowships
Academic departments at the University of Arkansas celebrated spring with the bloom of $64 million in new funding for graduate fellowships.
The money is part of a $300 million gift the school received last year from the Walton Family Foundation, $100 million of which was designated for endowing the university’s graduate school. Of the $100 million, $24 million will now be used to support 41 distinguished doctoral fellowships, each paying $30,000; and $40 million will fund 214 doctoral academy fellowships. Academy fellowships will provide $5,000 to augment graduate-student stipends typically ranging from $6,000 to $12,000 a year.
The graduate school received 97 proposals from various departments seeking to create nearly 500 doctoral fellowships.
“We scrutinized everything, funded some in full, some partially and a few not at all,” said Dr. Collis R. Geren, dean of the graduate school.
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