St. Mary's University receives $1M gift for accounting scholarships

St. Mary’s University in San Antonio, Texas recently announced that the school received an anonymous, $1 million gift from an alumnus in local Webb County. The gift will be used to create an endowed scholarship for undergraduate accounting students in the university's Greehey School of Business.

“This generous gift from one of our esteemed alumni will propel the studies and careers of accounting students for generations,” stated St. Mary's president Thomas Mengler. “It is the mission of St. Mary’s University to develop ethical professionals who are committed to the common good. Having endowed scholarships, such as this one, is integral to ensuring outstanding students have opportunities to experience their own defining moments at St. Mary’s.”

Scholarships will be awarded to students who are in financial need and meet the proper academic qualifications, with a special preference given to those from local Webb, Zapata and Jim Hogg counties.

“The Greehey School of Business offers a major in accounting as well as a major in accounting and data analytics,” said Tanuja Singh, dean of the Greehey School of Business, in a statement. “Students in both majors are in high demand as companies are increasingly looking to hire students with skills that combine accounting education with an understanding of business analytics and business intelligence. This generous gift will enable us to support not only current students, but will attract more students to these two majors that have outstanding employment potential.”

The donation adds to the university's $130 million fundraising goal, dubbed the "Defining Moment Comprehensive Campaign," launched last November. Donors have helped the university raise over 80 percent of its goal thus far to help future students.

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For more information, head to the university's site here.

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