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December 05, 2012

Simon School receives $1M for scholarship support

The William E. Simon Foundation has committed $1 million in new merit-based scholarship support for current and admitted students at the Simon School. The scholarship support begins immediately and will extend over the next three academic years.

Over the past 25 years, gifts from the Simon family, the foundation, and friends of the friends of the late U. S. Treasury Secretary William Simon total an estimated $37 million. Simon served as secretary during the Nixon and Ford administrations, later founding Wesray Corporation, a successful pioneer in mergers and acquisitions, and William E. Simon & Sons, a global merchant bank. A renowned philanthropist, Simon provided hundreds of scholarships to underprivileged students at the secondary and college levels and served on the boards of numerous colleges and universities. The Simon School was renamed in his honor in 1986.

Because of these and other generous contributions, more than 80 percent of full-time MBA students at the Simon School receive some sort of financial support.

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