Tulane Receives $5 Million in Scholarship Support

An anonymous $5 million donation will expand undergraduate scholarship opportunities at Tulane by launching a new phase of the Next Wave Scholarship Challenge, the successful dollar-for-dollar matching program that began in 2021.

“This generous gift advances one of the university’s most critical priorities — scholarships,” Tulane President Michael A. Fitts said. “The Next Wave Scholarship program has helped students realize the dream of a Tulane education regardless of their economic means, inspiring more philanthropic support to help us recruit the best and brightest. This exceptional contribution will inspire a new wave of generosity that will benefit generations of Tulanians.”

students with text "Next Wave. Scholarships to expand opportunity for all"
Next Wave Scholarship Challenge

The second Next Wave Scholarship Challenge will double the value and impact for new donors of endowed undergraduate scholarships between $100,000 and $500,000 by providing a dollar-for-dollar match. Many existing endowed undergraduate scholarships and new scholarships created by returning donors will also be eligible for matches of up to $125,000.

“Our basic motivation for making this gift is our commitment to opportunity for all,” said the donors, parents of a senior in Newcomb-
Tulane College. “Opening the doors of higher education, particularly at a prestigious university like Tulane, is good not only for Tulane but also for American democracy. A Tulane education opens the door to a more fulfilling and purposeful life. We are grateful for the opportunity to be a part of the Tulane magic.”