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February 13, 2017

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Ma & Morley Scholarship

THE University of Newcastle in Aus­tralia announced the establishment of a scholarship program supported by the Jack Ma Foundation.

The foundation, set up by Aliba­ba’s billionaire founder Jack Ma, will give the university US$20 million for the scholarship program. It is the largest philanthropic donation the school has ever received.

Ma was joined by New South Wales Premier Gladys Berejiklian, Uni­versity Chancellor Paul Jeans and others to announce the Ma & Morley Scholarship Program, which is to honor his friendship with Newcas­tle’s Morley family, which Ma met as a teenager in Hangzhou in 1980.

In its first year, the Ma & Morley Scholarship Program will provide 50 UON scholarships and 10 one-off scholarships for exchange students. When the program reaches full capacity, it will support 90 students a year.

UON Vice Chancellor, Professor Caroline McMillen said the Ma & Morley Scholarship Program will have an impact on the lives of stu­dents and shape the next generation of leaders.

“Through this remarkable friendship spanning decades, a new generation of talented students will have the opportunity to reach their full personal and professional potential,” she said.




 

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