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Sale of UC President's Condo Going To Students
CINCINNATI, Ohio (WKRC) -- The University of Cincinnati makes good on a recommendation by President Santa Ono to sell the presidential residence.
Money from the sale, along with with resources redirected from the home's operating budget, will generate scholarship dollars equal to about a three million dollar endowment.
That makes for 160,000 dollars a year for student financial assistance.
The first awards from the new scholarship fund will be granted for the next school year.