$1 million gift to Auburn University funds scholarships for Georgia students - AL.com

Atlanta-area students will now have increased access to studying at Auburn University thanks to a $1 million gift from The Goizueta Foundation to endow undergraduate scholarships.

The foundation's philanthropic gift creates The Goizueta Foundation Scholars Fund to provide annual, need-based scholarships available to students in any university major who graduated from high schools in 10 Georgia counties: Cherokee, Clayton, Cobb, DeKalb, Douglas, Fayette, Fulton, Gwinnett, Henry and Rockdale.

Received as part of Because This is Auburn â€" A Campaign for Auburn University, this gift advances Auburn's goal to create thousands of new scholarships. The overall campaign of the progrma is to raise $40 million in new scholarship support.

"There is no greater gift than an education, and The Goizueta Foundation Scholars Fund will allow Auburn to increase access to educational opportunities for more deserving students," said Cindy Singley, director of university recruitment. "We are thankful to The Goizueta Foundation for investing in generations of future students and the impact they will have on the world as a result of their Auburn education."

The Goizueta Foundation, a private, philanthropic family foundation based in Atlanta, provides financial assistance to education and charitable institutions that inspire and enable young people from the metro Atlanta area to learn and succeed. As an endowed gift, The Goizueta Foundation's support will serve as invested principle, with the annual payout awarded on a perpetual basis as scholarships.