Starting in the fall of 2016, the dependents of NC State employees will be eligible to receive an annual scholarship to the university thanks in part to a $1.15 million gift from Chancellor Randy Woodson and his wife Susan Woodson.
The Woodsons’ gift will be combined with other private funds to launch the NC State Employee Dependent’s Tuition Scholarship, according to a university press release.
The scholarships will award at least $2,000 per year for a maximum of four years to dependents of full-time employees, provided they are accepted and meet basic requirements. The award could vary depending on the number of those who qualify and the funds available.
Current dependent will be allowed to claim the scholarship for the remainder of their undergraduate years.
“NC State is experiencing what might be the most successful time in our university’s long, proud history and the credit is due to our tremendous faculty and staff,” Woodson said. “Susan and I couldn’t be more proud to give back to a Wolfpack community that has been so good to us.”
Woodson cited NC State’s national ranking as one of the best-value universities, successes in promoting economic development and record years for research and fundraising as reasons why he felt it necessary to give back to the faculty who make it possible.
“This scholarship program will create new legacies at NC State and benefit our university, our students, and our employees and their families for generations to come,” Woodson said.