Temple University cancels record $55M gift as donor faces fraud allegations
From the archive: this story is no longer current.
What happened
Revelations about a federal investigation into the donor's company resulted in the donation being “mutually” called off, the institution said.
Why it may matter
- Cancelled outright. Anyone depending on it needs a new plan.
- Useful if you are trying to get into university.
- Affects students in the US.
Universities