Walton Gift Transforms University in Clarksville - KAIT Jonesboro, AR - Region 8 News, weather, sports

Walton Gift Transforms University in Clarksville

October 13, 2003.  -- Posted at 11:35 AM CDT

CLARKSVILLE, AR -- The University of the Ozarks had suffered dwindling enrollment and deteriorating buildings.

There was talk five years ago of closing the facility at Clarksville. But Helen Walton, widow of Wal-Mart Stores founder Sam Walton, was on the university's board, and now is credited as being instrumental in a major gift -- 39.5 million dollars.

The sum is the largest gift ever to a private university or college in Arkansas.

Now, five years after announcement of the gift in October 1998, university officials say the school has been transformed. Enrollment on the small campus has increased by 38 percent since 1998, from 530 students to 731.

 Once-dreadful faculty salaries are now competitive with similar institutions. The dormitories and classroom buildings have been expanded and renovated.

Copyright 2003. Associated Press. All Rights Reserved. This information may not be published, broadcast, rewritten or redistributed.

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • breaking

    Paragould car dealership destroyed by fire

    Paragould car dealership destroyed by fire

    Saturday, March 25 2017 9:43 PM EDT2017-03-26 01:43:16 GMT
    Saturday, March 25 2017 9:45 PM EDT2017-03-26 01:45:04 GMT
    (Source: Jacob Arnett)(Source: Jacob Arnett)

    A used car dealership in Paragould was destroyed by fire Saturday night.

    A used car dealership in Paragould was destroyed by fire Saturday night.

  • Region 8 man killed in early-morning crash

    Region 8 man killed in early-morning crash

    Saturday, March 25 2017 8:07 PM EDT2017-03-26 00:07:18 GMT
    Saturday, March 25 2017 9:27 PM EDT2017-03-26 01:27:16 GMT
    (Source: AP Graphics Bank)(Source: AP Graphics Bank)

    A Region 8 man died in a car crash early Friday morning.

    A Region 8 man died in a car crash early Friday morning.

  • Cut-A-Thon for Christopher held

    Cut-A-Thon for Christopher held

    Friday, March 24 2017 3:54 PM EDT2017-03-24 19:54:00 GMT
    Saturday, March 25 2017 8:00 PM EDT2017-03-26 00:00:27 GMT
    Christopher Copeland needs a liver transplant at UAMS to survive. (Source: Christopher Copeland)Christopher Copeland needs a liver transplant at UAMS to survive. (Source: Christopher Copeland)

    Former Jonesboro hairdresser in desperate need of liver transplant.

    Former Jonesboro hairdresser in desperate need of liver transplant.

Powered by Frankly