"Hollins University in Roanoke has received a $75 million gift from an anonymous alumna, believed to set a record for private donations to a women's college."
"This donation will support scholarships and financial aid, significantly impacting the small student body of about 800 and the school's pre-donation endowment of $219 million."
"Mary Dana Hinton, president of Hollins, emphasizes that the mission of women's colleges is crucial and this gift ensures a stable foundation for the future."
"The donation reflects an important statement regarding the significance of women's colleges, especially amidst financial challenges faced by similar institutions."
Hollins University has received a $75 million donation from an anonymous alumna, marking a potential record for private donations to women's colleges. This significant funding will enhance scholarships and financial aid for the approximately 800 students at the university, boosting its pre-donation endowment of around $219 million. The donation has the potential to impact the financial struggles frequently experienced by women's colleges. Mary Dana Hinton, president of Hollins, expressed the gift's importance for the institution's mission and its broader implications for women's colleges in the education sector.
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