The following is from the Oct. 22, 2007, edition of The Dallas Morning News
The Dallas Morning News
Edwin L. Cox announces his gift to SMU.
See a video of the announcement.
Dallas oilman Edwin L. Cox has given $5 million to support merit-based undergraduate scholarships at the school that bears his name – the Edwin L. Cox School of Business at Southern Methodist University.
The gift is a challenge grant to stimulate contributions toward the goal of a $10 million endowment fund for the Cox School's BBA Scholars Program.
Approximately 100 students are expected to enter the Edwin L. Cox BBA Scholars Program each year from across the United States and abroad.
Applicants will be required to have achieved outstanding high school academic records and high SAT/ACT scores while demonstrating strong leadership skills.
They also must submit essays and letters of recommendation.
"Ed Cox has supported SMU generously with his time, talents and resources for more than 50 years," said SMU President R. Gerald Turner. "It is characteristic that he would step up to fund one of the university's greatest priorities – the support of high-achieving students. We are grateful for his vision and generosity."
The BBA Scholars Program provides scholarships for highly qualified first-year students who express interest in business as a major.
SMU students typically concentrate on general education courses in Dedman College of Humanities and Sciences during their first year, then declare and undertake their major in their sophomore year.
In addition to the general education courses required of all SMU students, these first-year student scholars participate in a special BBA Scholars Seminar.
There, presentations are made by faculty members from all departments of the Cox School to acquaint BBA Scholars with their choices of business majors, which include accounting; finance; information technology and operations management; management and organizations; marketing; real estate, insurance and business law; and strategy and entrepreneurship.
Mr. Cox greets students at the announcement of his gift to support merit-based scholarships at SMU.
The first-year scholars also hear from academic advisers and career counselors who can help them with career planning.
In addition to merit scholarship aid, the scholars get individually tailored academic advice and career services, networking with Dallas business leaders and invitations to special events.
They continue to receive scholarship support throughout their academic experience at SMU.
"This generous endowment from Ed Cox will enable us to strengthen and expand the BBA Scholars Program," said Cox School Dean Albert W. Niemi Jr. "These exemplary students will contribute to the academic vitality of SMU and will become global business leaders in the future."
SMU's School of Business, established in 1920, was renamed in 1978 to recognize its major benefactor, Mr. Cox, who has served SMU in numerous capacities through the years, including as chairman of the board of trustees from 1967 to 1987. He was given SMU's Distinguished Alumni Award in 1974. He is chairman of the Edwin L. Cox Co., a holding company for his private investments, and has served on the boards of more than 50 business, education and social service institutions.
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