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Penn State Smeal alumnus leaves lasting legacy for accounting students
March 25, 2021
UNIVERSITY PARK, Pa. The Penn State Smeal College of Business has received a $4 million gift from the estate of late alumnus Fred Schaefer to create the Fred H. Schaefer Scholars Program in Accounting.
The Schaefer Scholars Program will provide scholarship support for participants and will encourage leadership and ethical standards, a commitment to community service and a study abroad or international internship experience.
A $4 million gift from the estate of alumnus Fred Schaefer will enable the Penn State Smeal College of Business to create a scholars program in accounting that will provide scholarship support for participants and encourage leadership and ethical standards, a commitment to community service, and a study abroad or international internship experience.