Nov 22, 2015 1:01 PM

UNH alumnus donates $5M for scholarship fund for business students

The Associated Press

DURHAM — A University of New Hampshire alumnus, whose generosity funded an entire business program at the school, has donated $5 million for a scholarship fund to help business students.

Next fall, 36 entering business students will receive $5,000 every year for all four years if they maintain high academic performance.

Over the next five years, more than 250 students across Peter T. Paul College's three programs of business administration, economics and hospitality management will receive the scholarship money. The $5,000 per year will be given in addition to any university merit awards.

Paul, a 1967 graduate in business administration, is the CEO of Headlands Asset Management LLC, an investment management company he founded in 2008. He also owns West Biofuels, a research and development venture, and Peter Paul Wines.

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