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Paper Contract Nets Student Scholarships

By Jody Record, Campus Journal Editor
December 19, 2007

Thirteen student employees in the Office of Business Affairs have benefited from Fred Kfoury’s affinity for his alma mater.

The UNH graduate (‘64), president and CEO of Central Paper has been a supporter of the university for many years. His latest venture is the first to go directly to students.

Starting with April 2007 sales of paper goods to Dining Services, Kfoury agreed to give back two percent of the total spent to fund student scholarships. That amounted to $2,500. David May, assistant vice president of business affairs, decided to provide money for textbooks and help as many students as possible.

In November, May asked his management teams to nominate deserving students. Last week Kfoury presented the chosen 13 with their scholarships.

“I thought this would be a good way to help students in Dining Services,” the Manchester businessman said. “And it’s a way for the university to do business with alumni and for us to give back to the university at the same time.”

Students working in hospitality and printing services and at the New England Center also received the textbook scholarships.

Kfoury said he would like to see the plan become a prototype for other companies.


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