Joseph Neubauer, CEO of Aramark and his wife Jeannette-Lerman Neubauer are donating $13 million to attract Hispanic students to the University of Chicago. The number of Hispanic students enrolled at the University is at 6%, less than the national average of 8%. Neubauer, who was born in Israel, told DNA info Chicago, “I was not yet a citizen when the University of Chicago ofered me a scholarship. It changed my life.”
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Now he and his wife want to give back. The aim of the program will be to make contact with Hispanic High School students and offer need and merit based scholarships if they enroll in the University of Chicago. The Neubauer Foundation, which has given a total of $78 million to the university, did not indicate how many scholarships would be given. National Hispanic Recognition Scholars will be invited onto campus to take undergraduate courses in the summer.
Neubauer graduated from the Booth school of business from the university in 1965 and has served on its board of trustees since 1992.