The housing corporation for a former University of New 17ºÚ¹Ï³ÔÁÏÍø fraternity chapter has donated $112,000 - originally raised to buy a fraternity house - for a student scholarship at the University. With the gift, the Phi Kappa Theta New 17ºÚ¹Ï³ÔÁÏÍø Building Association will establish the Phi Kappa Theta Legacy Endowed Scholarship, which will support the educational needs of UNO students.
Phi Kappa Theta, which operated as a chapter at the University of New 17ºÚ¹Ï³ÔÁÏÍø from 1964 until 2008, had raised money in order to acquire a fraternity house. When it disbanded, the Phi Kappa Theta New 17ºÚ¹Ï³ÔÁÏÍø Building Association and the alumni of the chapter elected to use the funds to endow a scholarship at the University. The endowment is likely to provide an annual scholarship of approximately $4,000, and the amount will increase as the endowment grows.
The scholarship will be available to full-time UNO students; it can be renewed for up to four years if the recipient maintains a minimum 2.5 grade point average. Students pursuing a degree in any academic discipline are eligible for the scholarship.