Our Development Office at SIPA is constantly working to help increase the resources we can make available to our students. The text below comes from a recent letter written to our students by Dean John Coatsworth.
Knowing how critical fellowship support is to our students, I’m happy to share some great news on this front. Thanks to the tireless work of our Development Office, in recent months, we have raised nearly $3 million in major gifts for the School, the vast majority of which will go toward fellowships. Many of these fellowships are endowed, meaning they will exist in perpetuity and grow over time.
This $3 million increases an already growing fellowship “pot” made possible by the generosity of other donors, including Jorge Paulo Lemann and the late John Kluge (CC 37), from whose estate SIPA will receive $30 million for endowed student financial aid.
In short, SIPA will be able to strengthen our partnership with our student body by which we offer as much financial assistance as possible within our limited means, and our students pragmatically manage both their finances and their expectations for their standard of living while studying here.