This week, two philanthropists gave St. Edward’s University the largest financial gift in school history, the university reported Feb. 14.
Longtime supporters Pat and Bill Munday gave the university $20 million to create scholarships for students who showed financial need, Director of Communications Mischelle Diaz said.
The scholarships will help 125–150 students per year, according to a news release from the university.
“Through their extraordinary generosity and commitment to providing young men and women educational opportunity, Bill and Pat Munday have made it possible for St. Edward’s to continue its mission of providing talented students access to higher education no matter what their financial circumstances,” university President George Martin said in the release.
The Mundays have donated $36 million since 2003, making them the school’s largest benefactors. In addition to previous scholarship donations, the couple has given money for a natural sciences center and a library, according to the school. The Munday Library is scheduled to open this fall.