April 26, 2002

U. of Arkansas Receives $300-Million Pledge, the Largest Ever to a Public College

By JOHN L. PULLEY

The Walton family of Arkansas, whose Wal-Mart Stores recently became the country's largest corporation, has pledged $300-million to the University of Arkansas at Fayetteville, the largest gift ever promised to a public institution of higher education. The pledge requires the university to raise an additional $300-million in matching funds.

Two-thirds of the gift is designated for a new undergraduate honors college. The remaining $100-million will go toward improving the university's

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