Fairmont State University faculty, staff and alumni came together Thursday afternoon for a financial gift announcement to support students entering the school of business.
“We wanted to give back, not only to the university, who we felt had given us the opportunities to be successful in life, but also to give back to the communities in which we grew up and that we love still. To help students there that may or may not be able to get a degree,” said Rusty Hutson Jr., CEO of Diversified Gas & Oil Corporation.
Fairmont State alumni Rusty and Kimberly Hutson committed $400,000 to establish the Rusty & Kimberly Hutson Family Endowed Scholarship, as they focus on providing financial support to a full-time school of business student from a Harrison County high school.
“This is a best example of paying it forward you can have. They want to give back to the school that made it possible for them to do what they’ve done in life. So, it’s really important to us. We are always looking for alumni to step up to do that,” said Gary K. Bennett, Fairmont State Foundation president.
The endowed scholarship will go into effect for upcoming college students starting this fall. The award will be available for a four year renewal, as long as the recipient maintains a minimum 3.0 GPA.