TROY—Students at Troy University will benefit from a new scholarship created by the Wachovia Foundation, according to University and Wachovia officials.

Wachovia Representatives visited the Troy Campus today to present a $250,000 check to Dr. Jack Hawkins, Jr., Chancellor, to endow the scholarship. Mitch Hunt, Wachovia Regional President; and Charlie Breedlove, Wachovia Troy Market President, made the presentation at a luncheon in the Trojan Center Board Room.

The Wachovia Foundation Scholarships contribution will provide need-based scholarships each academic year for students enrolled at Troy University who are female and/or students of color. Wachovia Scholars will receive $2,000 for the academic year, or $1,000 each semester. Recipients will be selected by the Troy University Scholarship Committee. Students must have a 3.0 overall grade point average to be eligible for the scholarship.

“We have worked hard to transform Troy University into a diverse, multicultural institution with a global outlook,” Chancellor Hawkins said. “The Wachovia Scholarships will help us enhance that vision. We appreciate the Wachovia Foundation’s commitment to providing education opportunities for deserving students.’

“At Wachovia we are committed to giving back to the communities where we do business,” said Charlie Breedlove, market president for Wachovia in Troy. “We are proud to partner with Troy University in its mission to provide educational opportunities to all students in our community.”

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CAPTION: Officials from Wachovia make a $250,000 donation to Troy University Thursday to create a special scholarship program. From left to right are Ken Harris, Jr., Wachovia Advisory Board member; Dr. Cam Martindale, Senior Vice Chancellor for Advancement and External Relations at TROY; Ronald DeVane, retired Wachovia executive and member of the Troy University Foundation Board of Directors; Dr. Jack Hawkins, Jr., Chancellor of Troy University; Mitch Hunt, Wachovia Regional President; Charlie Breedlove, Troy Market President for Wachovia; Dr. Jean Laliberte, Associate Vice Chancellor for Development; Bill Minix, Senior Director of Development; and Beth Collier, Wachovia Relationship Specialist.

About Troy University

Troy University offers academic programs on four campuses in Alabama and on more than 60 military bases and civilian sites in 16 states 12 countries outside the USA and one U.S. territory. Troy University is dedicated to student preparation in the fields of education, arts and sciences, fine arts, business, communication, applied science, nursing and allied health services. Troy University serves more than 28,000 students worldwide. The main campus in Troy serves students from 50 U.S. states and more than 50 foreign nations.

About Wachovia Foundation

The Wachovia Foundation is a private foundation that is funded annually by Wachovia Corporation. The Foundation provides grants to eligible 501(c)(3) tax-exempt  organizations to support four primary focus areas: Education, community development, health and human services and arts and culture. The mission of the Foundation is to build strong and vibrant communities, improve the quality of life and make a positive difference in the communities where Wachovia does business.