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Averett Receives $500,000 from Grant Trust

March 1, 2011

The E. Stuart James Grant Charitable Trust has granted $500,000 to Averett University for its expanded health sciences initiative. This gift is another chapter in a relationship that dates to 1993. In total, the Grant Trust has donated more than $12.5 million to Averett.

"We are deeply grateful to the Grant Trust and its trustee, American National Bank and Trust Company, for their continued investment in Averett University," said Dr. Tiffany M. Franks, Averett's president. "Through the generosity of the Grant Trust, Averett builds on its legacy of transforming lives in this region and we are able to move toward a bold future for our university."

Through its expanded health sciences initiative, Averett seeks to build on its long history of preparing its graduates for successful careers in all aspects of healthcare and respond to the needs of the job market. Interest and demand for healthcare professionals continues to grow both nationally and among Averett students: 89 percent of graduates from Averett's biological and physical sciences department over the last four years are employed or seeking further training in healthcare. That interest extends to prospective students as well: Averett's admissions team notes that nursing is one of the most asked about degree programs when they talk with high school students in the region.

"We are poised to lead and sustain the business, educational and health care vitality of this region," said Buddy Rawley, vice president of institutional advancement. "Partnerships and community support (such as the gift from the Grant Trust), combined with Averett's vision for the future, will make this possible."