Carnegie Corporation Commits $14 Million To Revitalize New Orleans’ Intellectual Infrastructure In Wake Of Hurricane Katrina

Carnegie Corporation has awarded grants of $2 million to Dillard University, $5 million to Tulane University and $4 million to Xavier University of Louisiana. The grants are one of the largest commitments of private funds to support higher education in post_Katrina New Orleans. Each of the universities incurred significant hurricane_related damage and losses and will use the new funds to focus on development, retention and hiring of displaced and new faculty; recruitment and retention of new students; resumption of critical strategic planning initiatives; and ensuring the availability of adequate financial aid.