WASHINGTON (AP) - Catholic University says a charitable foundation is pledging $4 million to its nursing school to fund scholarships for students pursuing nursing jobs in the Washington area.
The gift announced Tuesday comes from the Bedford Falls Foundation Charitable Trust. The foundation was established by William E. Conway Jr., the co-chief executive of The Carlyle Group private equity firm, and his wife, Joanne.
The gift includes $1 million annual installments over four years. It will fund the William and Joanne Conway Nursing Scholars Program for 18 undergraduates with financial need, covering tuition, books, room and board. It also funds clinical and faculty mentors.
The university says graduates will be encouraged to fill nursing jobs nearby.
Nursing Dean Patricia McMullen says the grant will significantly increase the number of students pursuing nursing degrees.