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New Hampshire Pockets $25 Million for New B-School

Submitted by lucas20 on Thu, 06/05/2008 - 16:16.

The University of New Hampshire has received its largest - by 2.5 times - donation ever. The gift comes from alumnus and business leader Peter T. Paul who will be donating $25 million to earn the naming rights of the new business school. The amount is truly astounding for a middle tier state school and represents 10% of the school's entire endowment according to the UNH president. The previous top donation also came from Paul who offered the school $10 million in an earlier gift. Paul runs Paul Financial, a mortgage lender and financial services provider located in California.