David and Nicole Tepper give $250K to aid JCSU students overcoming financial hardship

David and Nicole Tepper give $250K to aid JCSU students overcoming financial hardship
Carolina Panthers owner David Tepper and his wife Nicole are contributing $250,000 to aid Johnson C. Smith University students as they overcome financial hardship caused by the COVID-19 pandemic. (Source: JCSU)

CHARLOTTE, N.C. (WBTV) - Carolina Panthers owner David Tepper and his wife Nicole are contributing $250,000 to aid Johnson C. Smith University students as they overcome financial hardship caused by the COVID-19 pandemic.

“Students and their families have been negatively impacted by the loss of jobs during this unprecedented time and many would not have the financial resources to return to school were it not for this generous gift,” a press release read.

Scholarship funds will benefit as many as 70 returning students who demonstrate financial need.

“Establishing the David and Nicole Tepper Scholarship at JCSU demonstrates the Teppers’ belief that providing deserving minority students with access to a high quality, affordable college education is integral to closing the inequality gap,” the press release continued.

All of the funds will be used to help students return for the 2020-2021 academic year.

JCSU President Clarence D. Armbrister said the gift will allow students to continue pursuing their dreams of earning a college education while also helping JCSU prevent a decrease in enrollment as the University navigates the operational challenges in higher education at this time.

“The donation to the University affirms their commitment to minority students in the Charlotte community and beyond. The continued success of historically Black universities like JCSU is at a critical point,” said Armbrister. “Partnerships like this are essential to sustaining HBCUs which are educating the next generation of leaders in the workplace and in the community. With COVID-19′s significantly disproportionate impact on people of color, these scholarship funds could not have been donated at a better time for our students.”

“Nicole and I have visited Johnson C. Smith and have gotten to know President Armbrister and some of the leaders at the school,” David Tepper said. “This pandemic has put a lot of people in a tough spot, particularly students who are trying to complete their education and earn their degrees. Hopefully, this contribution can help. This institution means a lot to this community and we look forward to building on our relationship in the future.”

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