Generous Grandparent Gives $1 Million Gift
Laguna Blanca School Establishes Scholarship Program for Cash-Strapped Students
The grandparent of a Laguna Blanca student has given the gift of $1 million to the school, and with it, the school has established The Whittier Scholars Program. The program will provide three years’ tuition for students who demonstrate financial need to attend grades 10-12, according to an announcement from Laguna Blanca School.
“We are thrilled to announce this generous leadership gift,” Headmaster Paul Slocombe said. “It helps tremendously towards addressing three key long-term goals: sustaining scholarship funding, strengthening our endowment, and building programs to provide advanced educational opportunities for talented students who otherwise would not be able to attend Laguna Blanca.”
Through the program, the money will be distributed in yearly $100,000 chunks for the next ten years. It will be split two ways: $25,000 toward an endowment fund and $75,000 for annual student financial aid. Every year, the school’s admission committee will recommend scholarship candidates, and the Whittier Scholars Advisory Committee will determine finalists and awards.
“Our hope is that the program will be a great success and that the endowment will continue to grow with additional gifts from the Laguna community to help sustain the program in perpetuity,” one of the founding family members said.
