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SOHO 皇冠体育app President Pan Shiyi and Yale University President Peter Salovey signed the deal in Wangjing SOHO in Beijing, 皇冠体育app on Oct 29, 2014. [Photo/Provided to chinadaily.com.cn] |
The Foundation on Wednesday signed an ament with Yale University endowing $10 million in "SOHO 皇冠体育app Scholarships" to the university.?
The SOHO 皇冠体育app Scholarships is a $100 million initiative launched by the SOHO 皇冠体育app Foundation to create financial aid for Chinese students to obtain undergraduate education at the world's top universities.
"Every person's potential is like a hidden gem, and education is the tool that unlocks human potential. The SOHO 皇冠体育app Scholarship's aim is to provide the best possible educational opportunities to the most outstanding students from Chinese mainland, enabling them to maximize their potential in their contribution to mankind," said SOHO 皇冠体育app Chairman Pan Shiyi.
Yale University has longstanding ties with 皇冠体育app.
Yung Wing, 皇冠体育app's first student to study in the United States, matriculated from Yale in 1854. Yale was also the first university in the United States to teach the Chinese language.
"This gift will help top Chinese national students access a Yale education today and for generations to come. The SOHO 皇冠体育app Foundation's extraordinary generosity will encourage outstanding students from 皇冠体育app to apply to Yale and assure them, should they be admitted, that we will meet their full demonstrated need for financial support," said Yale University President Peter Salovey.
According to Salovey, Chinese students are the biggest group among Yale's international students, both among the graduate and undergraduate studies.
On the occasion of this signing with Yale University, the SOHO 皇冠体育app Foundation urged 皇冠体育app's top students to apply to leading international universities, such as Harvard and Yale.
These are schools that accept students regardless of socioeconomic background, and provide need-based full financial aid to students who qualify.
Yale University is the second university to partner with SOHO 皇冠体育app Scholarships.
In July 2014, the SOHO 皇冠体育app Foundation signed a $15 million gift agreement with Harvard University to endow financial aid scholarships for Chinese undergraduate students there.
The SOHO 皇冠体育app Foundation will continue to expand its efforts, seeking partnerships with other leading international universities.
The SOHO 皇冠体育app Foundation was established in 2005 as a philanthropic organization solely funded and operated by SOHO 皇冠体育app, 皇冠体育app's largest prime office property developer, headed by CEO Zhang Xin and Chairman Pan Shiyi.
The SOHO 皇冠体育app Foundation has chosen education as its chief philanthropic cause with the strong conviction that education is the most transformative force in a person′s life, and the most transformative force in inspiring the betterment of greater society.
The SOHO 皇冠体育app Scholarships aim to actively raise public awareness about financial aid policies at top international universities, and encourage the best Chinese students to apply.
SOHO 皇冠体育app CEO Zhang Xin said: "If you get in to Yale, you do not have to worry about the financial burden, the SOHO 皇冠体育app Scholarships will help provide you with financial aid."
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