|The Robertson Scholars will
be expected to cross historical barriers and forge new links between
the universities. Half the students will matriculate at UNC and half
at Duke, but all will take courses at both institutions, using
improved inter-campus transportation, and spend a semester living on
the other campus.
Interim Chancellor William O. McCoy and
Duke President Nannerl O. Keohane announced the unprecedented gift and
said it will inspire both universities "to new levels of
colleagueship and collaboration."
"This wonderful gift from Julian
and Josie will make history for two outstanding universities,"
McCoy said. "Thanks to their generosity, bright, deserving
students will take advantage of the best that both of our campuses
have to offer. I believe this program will help significantly
accelerate the development of the already strong collaborative culture
that exists at Carolina and Duke."
Keohane praised the Robertsons for
their vision and noted that one key objective of the program is to
foster a strong sense of shared leadership among the students.
"The Robertson Scholars will be
bright and collegial, curious and pioneering," she said.
"They will be leaders among their peers. They will show other
students that one can enjoy both the legendary fierce athletic
rivalries between our institutions, and also the opportunity to learn
from two of the finest universities in the world during one’s
undergraduate years. This penchant for leadership will prepare them to
make a difference in the world, in community service, in their
professional careers and for their alma maters."
Julian Robertson grew up in Salisbury
and majored in business administration at Carolina. Josie Robertson is
a member of Carolina’s Board of Visitors. One of their three sons,
Julian Spencer Robertson, graduated in 1998 from Duke and is now a
teacher in New York public schools. Another son, Alexander Tucker
Robertson, is a rising senior at UNC. The elder Robertson is the
founder and chairman of Tiger Management LLC, which grew into the
world’s largest hedge fund group. Tiger announced in March that it
was returning capital to investors.
"We in Chapel Hill are
particularly proud of Julian, who is one of our most successful and
well-known alumni," McCoy said. "He has never forgotten his
roots or the importance of education. His stalwart support of
educational, community, non-profit and cultural organizations is
legendary. And he has consistently shared his time, talents and
financial resources with UNC. North Carolina is a far better place
because of both Josie and Julian."
Said Keohane: "Duke delights in
the close links between our university and the Robertson family. Our
friendships began while Spencer was an undergraduate and have
blossomed over the years, in the involvement of Julian and Josie as
parents, and in the commitment of Julian’s sister Wyndham as a
member of the board of the Kenan Institute for Ethics at Duke."
The first class of 30 students — 15
at Duke and 15 at UNC — is expected to matriculate in 2001. Although
the students will graduate from the universities they entered, each
will receive certification that they received their education at both
universities. The scholars will be expected to demonstrate an
allegiance and develop a sense of loyalty to both campuses, officials
"Josie and I are establishing this
scholarship program because of our great respect for both universities
as well as our love and affection for the state of North
Carolina," Julian Robertson said.
"It is our hope and expectation
that the Robertson Scholars Program will help recruit some of the
nation’s finest undergraduates to Carolina and Duke. It is designed
to promote interaction between the student bodies of both universities
and to link classroom learning with community service," Robertson
The gift, which had been discussed for
about three years, will go into the Robertson Scholars Fund, with half
to be managed by Duke and half by UNC-CH. The ambitious program will
be managed by a coordinating committee consisting of four faculty and
administrators from each university and chaired in alternating
two-year terms by the deans of the arts and sciences at both
institutions. Program operations will be based at UNC, with the
director reporting to the dean of UNC’s College of Arts and
The effectiveness of the program and
its financial requirements will be reviewed during the fourth year.
As currently planned, the program will
provide full tuition, room and living stipends at UNC and full tuition
at Duke. Although the costs of tuition, room and board are not set at
either institution for the 2001-2002 school year, planners envision
the awards to be worth at least $100,000 for four years for Duke
students and out-of-state UNC students.
The program also will provide laptop
computers to all students in the program, special seminars in the
scholars’ freshman and senior years to be taught by faculty from
both campuses, access to service learning opportunities, a
pre-enrollment retreat and bi-weekly dinners during the fall semester
to encourage acclimation to the cultures of both campuses, paid summer
intern experiences and transportation between the two campuses.
Each student also will have access to
the institutions’ complementary programs to study in related fields,
such as documentary studies at Duke, journalism and mass communication
at UNC, public policy studies at Duke or urban and regional studies at
UNC. Robertson scholars also will have access to supplementary
programs, allowing students to take courses not available on the home
campus – engineering at Duke, for example, or public health at UNC.
The students also will have access to collaborative programs such as
those in physics and Latin American studies.
The two universities already have a
number of cooperative programs in a variety of areas. For example,
both schools announced May 25 the receipt of grants totaling more than
$1.3 million from the U.S. Department of Education to help support
three jointly run centers — the Center for West European Studies,
the Center for Slavic, Eurasian & East European Studies, and the
Duke-UNC Program in Latin American Studies. A fourth grant went to the
Center for South Asian Studies, a consortium involving Duke and UNC as
well as North Carolina State University and North Carolina Central
Duke and UNC also have an
inter-institutional agreement that permits cross-campus exchanges. The
Robertson program will facilitate and expand those exchanges.
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