March 4, 2014 - 12:00am
The Monterey Institute has received a $2 million gift pledge from a donor who wishes to remain anonymous. The gift will be divided equally between support for the Institute’s unique immersive learning programs, which provide real-world professional opportunities for students as part of their academic experience, and the school’s endowment, which provides general support for all Institute activities.
The donor stated their hope that this gift “will give more students access to the immersive learning program, and also increase the funds available to support the Institute’s core needs such as financial aid and faculty development.” The donor is the grandparent of a current Monterey Institute student, and is also the grandparent of a recent graduate of Middlebury College.
“We are extremely grateful for this generous and visionary gift, which will allow us to expand opportunities for both students and faculty at the Monterey Institute,” commented President Sunder Ramaswamy. “Immersive learning is one of the signature elements of a Monterey Institute education, and this gift will allow us to explore new opportunities for our students to learn in the field as well as the classroom while enrolled here.”