AUSTIN, Texas - St. Edward's University will announce a $1.5 million gift from the Mitte Foundation for business scholarships at noon on Wednesday, April 3, 2002, on the lawn of Holy Cross Hall. In case of inclement weather, the announcement will be held in the Mabee Ballroom of the Ragsdale Center.

St. Edward's University is the first private institution to be funded by the Mitte Foundation. There will be fifteen $5,000 scholarships for the next 20 years equaling $1.5 million. Twelve will go to undergraduate students, and three will go to graduate students.

Scott Mitte, Mitte Foundation executive director, and Dr. George Martin, St. Edward's University president, will make the gift announcement. Representatives are invited from other Mitte Foundation partner schools in Texas including Texas A&M University, University of Texas at Austin and Southwest Texas State University.

Refreshments will be served, and a live band will play.

St. Edward's University is an independent Catholic liberal arts university of 4,100 students in Austin. It was founded by the Congregation of Holy Cross.

For more information contact:

Robin Loving/Communication Results
(W) 512.472.6600 (F) 512.472.6616
(H) 512.708.8393 (M) 512.826.0277
(E) robin@communicationresults.com

Mia M. Sims, Public Relations Associate
St. Edward's University
(W) 512.448.8740
(F) 512.416.5845
(E) mias@admin.stedwards.edu

Michelle Humphrey, Assistant Vice President of Community Affairs
Mitte Foundation
(W) 512.404.5084
(E) mhumphrey@mittefoundation.org

Cade Thornton, Assistant Vice President of Academic Affairs
Mitte Foundation
(W) 512.404.5085
(E) cthornton@mittefoundation.org