Lubbock Christian University received an anonymous donation of $400,000 from a donor in Artesia, New Mexico. The donation will be used to provide scholarships for students pursuing a graduate degree in accounting from the LCU School of Business.
This new gift builds on a previous gift given in 2018, bringing the total award to $600,000. The scholarship specifically benefits students who are in their fifth year of study, pursuing their Masters in Accounting.
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In the 2021-22 academic year, all graduate accounting students were eligible to receive a portion of the scholarship.
“This scholarship is a great advantage for our students. As the program continues to grow, the increased endowment will make it possible to provide more scholarships to more students,” said Laci Richardson, Ph.D., assistant professor of accounting and coordinator of the master’s program in accounting at LCU.
Priority for the scholarship will be given to Artesia, NM students or students who wish to enter the workforce at Artesia upon completion of the graduate program.
“Because the scholarship is designed to prioritize Artesia students, or those interested in working in this community, we are able to recruit outstanding students there and send our graduates to work there,” said Richardson. “The donor is an active member of the Artesia community, and this scholarship is another way for the donor to create a legacy at Artesia and LCU.
The generosity of donors like this individual means volumes for LCU.
“The scholarship endowment is a huge boon to LCU’s Master of Accounting program as the money goes directly to the students, encouraging them to pursue their higher education and the CPA exam,” said Richardson.