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
*If you know more about this exchange, please contact us.