Brown University has received a $20 million donation that will provide full scholarships to military veterans and support a plan to double the number of veterans enrolled as undergraduates, the school announced Wednesday.
The donation comes from Joseph P. Healey, a U.S. Army veteran and co-founder of the New York investment firm HealthCor. Healey is a parent to two Brown students, and his mother graduated from the Ivy League school.
University President Christina H. Paxson announced the donation during an annual Veterans Day ceremony that was held virtually because of the pandemic. Paxson said the donation marked a “major step” for the school’s efforts to support veterans.
“As the University has expanded military partnerships and more veterans have pursued undergraduate degrees at Brown, we have pledged to expand support for these exceptional students,” Paxson said in a written statement.
Last year, Brown promised to double the number of veterans enrolled as undergraduates by 2024. It also made standardized admissions tests optional for veterans, and it boosted financial aid to eliminate veterans’ out-of-pocket costs toward tuition and fees.
Healey made the donation in honor of his mother and said he wanted to help more veterans attend Brown without worrying about costs.
“A Brown degree is a ticket that opens doors for the rest of your life,” he said.
Feds slow down herring fishery
The New England herring fishery is slowing down for the rest of the year because fishermen are approaching their quota for the fish.
Fishermen will be unable to fish for or possess more than 2,000 pounds of herring per trip in the inshore Gulf of Maine until Dec. 31, the National Oceanic and Atmospheric Administration has ruled. The rules went into effect on Wednesday.
Herring are the subject of a large fishery on the East Coast, but the industry has struggled in recent years due to a decline in population. Fishermen caught less than 25 million pounds of the fish last year after catching more than 96 million pounds during the previous year.
Herring are especially important as lobster bait.