Stanford Creates Largest Graduate Scholarship Program with $400 Million Donation from Nike Co-Founder

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Stanford University (rolfkleef/Flickr)

Thanks to a $400 million donation from Nike co-founder Phil Knight, Stanford University announced it will create the world's largest graduate-level scholarship program. The Knight-Hennessy Scholars Program was the project of outgoing Stanford president John Hennessy, and will admit 100 students, one-third from North America and two-thirds from the rest of the world, who are dedicated to solving issues like poverty and global warming. Stanford will start accepting applications in the summer of 2017.


John Hennessy, president, Stanford University