Friends University received $1 million for its most popular scholarship fund, allowing Friends to endow the fund and continue giving almost 100 scholarship awards each year for many years.
The $1 million is a significant addition to a fund that has provided money for $2.45 million in scholarships since 1987, university officials said.
The fund sponsors two scholarships at the 3,000-student private university. The scholarships are named in the memory of William L. Graham and his first wife, Marjorie Lois Graham. The $1 million came from the William L. Graham Charitable Trust.
Graham was a self-made multimillionaire in the oil business. He was featured regularly in Time and Life magazines and owned land near Andover, Augusta and Rose Hill.
The Graham fund was started by Graham's second wife, Betty Harrison Graham. She died in 2005.
The William L. Graham scholarship is awarded to about 75 juniors and seniors each year whose grade point averages are less than 3.2.
About 20 fine-arts students, preferably music majors, receive scholarships from the Marjorie Lois Graham fund each year.
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