Endowing scholarships, attaching strings

Georgetown has a scholarship with your name on it…if your name is Murphy, the Washington Post reports. Arthur J. Murphy Jr., a 1969 Georgetown University graduate, established a scholarship “to be given to an undergraduate student in the College whose surname is Murphy,” and who is needy. Only if no eligible student is found can the money go to a needy non-Murphy. For some donors, the joy in creating a scholarship is surpassed only by the fun in telling a college how to spend it. Each winter, the arrival of admission season sends college aid officials scrambling to match quirky scholarships to students. As often as not, collegiate charity comes with strings attached…

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