FAYETTEVILLE, Ark. – University of Arkansas alumnus Richard Greene of Lowell is establishing the Camden E. and Dortha Sue Greene CARE Endowed Scholarship with a $1 million gift.

Funded through the Camden E. and Dortha Sue Greene Foundations, the scholarship will benefit the Office of Diversity and Community at the university and support academically accomplished and promising underrepresented Arkansas students who demonstrate financial need.

“Adding to the diversity of our campus is always a top priority for us,” said Chancellor G. David Gearhart. “This remarkable gift is establishing the first scholarship of its kind – one aimed at supporting underrepresented students from Arkansas who are academically strong and show financial need as well. It is imperative that we continue to attract students of this caliber and educate them at the state’s flagship. Increasing the number of Arkansans holding bachelor’s degrees is a key focus of ours, and this scholarship will directly impact our ability to do that.”

CARE, or the College Access Responsibility Endeavor, is a scholarship program for students who excel in academics, involvement and engagement and also demonstrate financial need. First generation students, in particular, are encouraged to apply.

The inaugural class of scholarship recipients will be incoming freshmen, who will have the option of renewing the scholarship for four years total, assuming they maintain a 3.0 GPA. Recipients will be required to be involved in an academic enrichment program, which includes mentoring and meetings aimed at introducing the students to the campus community.

Subsequent classes of students will be chosen from year to year.

“This is a wonderful gift to support very deserving students who face a challenge to affording a college education,” said Charles Robinson, vice chancellor for diversity and community. “We appreciate Mr. Greene and his willingness to contribute to the success of these very worthy students.”

Richard Greene holds a Bachelor of Science in Business Administration with a concentration in finance and real estate from the Sam M. Walton College of Business. He is a life member of the Arkansas Alumni Association, a member of the Campaign Arkansas Steering Committee and a part of the Towers of Old Main, a giving society for the university’s most generous benefactors.