Annenberg Foundation Establishes New Scholarship Fund

Annenberg Foundation Establishes New Scholarship Fund

The USC Annenberg School for Communication and Journalism has announced a $10 million gift from the Los Angeles-based Annenberg Foundation to establish the Wallis Annenberg Endowed Scholarship Fund, which will provide support to students at the Keck School of Medicine of USC and the Annenberg School for Communication and Journalism.

The fund will cover a substantial portion of the tuition costs for scholarship recipients, awarding up to $35,000 per year to students at the Keck School and $25,000 per year to students at the School for Communications and Journalism. By its third year, the fund plans to help support the educational costs for as many as seventeen Annenberg Scholars.

The grant, which will be divided evenly between the schools, is expected to help them through transitions. As the media landscape continues to be transformed by non-traditional media sources such as blogs and social networking Web sites, the Annenberg School is working to help chart the course of communication and journalism for the twenty-first century, while the Keck School recently upgraded its curriculum.

"Scholarships ease the burden of students who might not have the money to attend college or graduate school," said Wallis Annenberg, who chairs the Annenberg Foundation and is the longest serving trustee on the USC board of trustees. "They are crucial to leveling the playing field and offering access to higher education to a broader range of people, regardless of any one person or family's financial circumstances."