April 20, 2007
Columbia U. Is Promised $400-Million for Student Aid
A media tycoon and longtime Columbia University benefactor pledged last week to give $400-million more to the university — a gift that ranks as one of the biggest ever to an American college and the largest donation to an institution for student aid.
The gift, from John W. Kluge, will eventually allow the institution to expand the number of needy undergraduates on full scholarships, and also increase scholarship levels for graduate students. But the exact nature of those
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