$24M links rivals – Scholars attend Duke, UNC

New York financier Julian H. Robertson, Jr. and his wife Josie will build a bridge between rivals Duke University and the University of North Carolina with a $24 million scholarship program.

Half of the Robertson Scholars will matriculate at UNC and the other half at Duke, but all will take courses at both institutions and spend a semester living on the other campus. The first of the Scholars will matriculate in 2001.

As currently planned, the program will provide tuition, room and living stipends at UNC and tuition at Duke. Although costs have not been set at either institution for the 2001-02 school year, planners believe the awards will be worth at least $100,000 over four years for Duke students and out-of-state UNC students.

The program will also provide laptop computers to all of the scholars, special freshman and senior seminars to be taught by faculty from both campuses, access to service opportunities, paid summer internships and transportation between the two campuses.

Julian Robertson is a 1955 graduate from UNC, and Josie Robertson is a member of Carolina’s Board of Visitors. One of their three sons is a Duke graduate and another is a rising senior at UNC.

Julian Robertson is best known as the founder and chair of Tiger Management LLC, the world’s largest hedge fund group.

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