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Article: Murphy Oil Pledges $50M in Scholarships
- Article from:
- AP Online
- Article date:
- January 22, 2007
CopyrightCopyright 2007 Associated Press/AP Online. This material is published under license from the publisher through YellowBrix, Alexandria, Virginia. All inquiries regarding rights should be directed to YellowBrix. (Hide copyright information)
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EL DORADO, Ark. - In an effort to promote the importance of a college education, and perhaps attract new businesses to El Dorado, Murphy Oil Corp. pledged up $50 million Monday to pay tuition costs of El Dorado High School graduates for the next 20 years.
Superintendent Bob Watson scheduled a school assembly to announce to program.
"This is a huge day. As of today, El Dorado High School graduates will have an unprecedented opportunity to continue their education," Watson said in remarks prepared for delivery. "For some students, this is life-changing. Students who have worked hard, but would not have been able to attend college because of financial limitations, now have the means to do ...