Exchange Database

Couple's $15m to Harvard starts $100m fund for needy

The billionaire couple who founded Chinese real estate company SOHO China has given $15 million to Harvard University as part of a $100 million endowment they said they are establishing for underprivileged Chinese to attend top universities around the world.
Outcomes: 
According to the Journal, China currently accounts for the largest contingent of foreign students, with more than 235,000 studying in the states in the 2012-2013 school year, up 21 percent from the previous year. Julia Chang Bloch, president of the US China Education Trust, a Harvard alumnus, said that Harvard will accept a student regardless of their ability to pay, but the SOHO scholarship "will level the playing field for Chinese poor students to go to Harvard."
Government?: 
No
Type of Exchange: 
education/science
Partners: 
SOHO
Harvard University
Sponsor(s): 
SOHO
Participants (Types): 
Zhang Xin, Soho's CEO, and her husband Pan Shiyi
Number of Participants: 
2
Exchange Date: 
Thursday, July 17, 2014
Continuing: 
No
Location: 
Boston, Massachusetts
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