The University of the Sunshine Coast has received a $5 million gift from Maroochydore property development couple Roy and Nola Thompson.
University of Sunshine Coast‘s Vice-Chancellor Professor Greg Hill has thanked Roy and Nola Thompson of Maroochydore for their generosity, saying the funds would be used to support numerous scholarships for both needy and high-achieving students for decades to come.
“We are indebted to Roy and Nola for all they have done for students over recent years and this further gift – the largest in our history – takes that support to a new level,” Professor Hill said.
The University will match the donation dollar-for-dollar to fund construction of USC’s first multi-level carpark within its regulated parking zone on land adjacent the Sippy Downs bus interchange on campus.
Work is expected to begin this year.
“The revenues from the Thompsons’ donation will then be distributed annually to support our students for decades to come,” Professor Hill said.
“The benefit is twofold. It will further assist with parking management on the campus and provide revenue for student scholarships.”
Mr Thompson, a long-time Sunshine Coast property developer and philanthropist, said he was pleased to be supporting USC and its students in this way.
“I have seen how hard it is for many students in keeping up with their studies while also supporting themselves and often other family members,” he said.
“Ensuring the next generation is well educated and keeping them on the Sunshine Coast are top priorities for all of us and I think that our gift will go some way in helping with that.
“We would hope that this might provide a lead for other people to also contribute to this cause – not simply to help those in need, but to give our region the future it deserves.”