Truman Arnold, the Texarkana, Texas, petroluem marketer who's long been a player in Arkansas politics and government, has made a big gift on the Texas side of Stateline.
He and his wife Anita Monday announced a $10 million gift to the Texas A&M branch in Texarkana to underwrite scholarships. It was the school's largest contribution ever. It's the latest of several gifts the Arnolds have made the school, about to move to a new campus.
Note the school promises the lowest tuition of any college in Texas or Arkansas.
TEXAS A&M-T NEWS RELEASE
TEXAS A&M UNIVERSITY — TEXARKANA
ANNOUNCES LARGEST PRIVATE GIFT IN THE HISTORY OF THE UNIVERSITY
Texarkana, Texas June 28, 2010 — Texas A&M University-Texarkana is pleased to announce today the largest private gift in the history of Texas A&M University Texarkana. An investment of $10 million by Anita and Truman Arnold will establish The Anita and Truman Arnold Scholars Program and forever shape the future of Texas A&M University-Texarkana influencing the lives of thousands of students for years to come. It is fitting this generous investment by the Arnolds is announced on the eve of the historic transformation of A&M-Texarkana as we welcome our first freshman class this fall to our new $125 million campus.
The University will begin moving into the $75 million University Center and preparing for fall classes on this campus in late August. Construction of the Bringle Lake Village will begin later this summer as well as a new $15 million state-of-the-art student living and learning community to open the summer of 2011.
The establishment of the Scholars Program is the latest in a series of ongoing contributions by the Arnolds to Texas A&M University — Texarkana. Recent contributions include the donation of 72 acres of land for University campus development, a $1.2 million dollar commitment for funding a Chair of the Department of Information Sciences and a $300,000 dollar commitment for funding the attainment and appointment of additional faculty required for opening a College of Engineering at A&M — Texarkana.
Mr. and Mrs. Arnold are natives of the Texarkana area and have received numerous awards for their community, civic and professional involvement. Both received an Honorary Doctorate of Leadership from Texas A&M University — Texarkana in 2007. Their legacy of support extends to schools, hospitals, the arts, civic and social causes throughout the Ark-La-Tex and the Nation.
The Arnolds have a distinguished history of support for higher education in the Texarkana area, including significant contributions to the C.O. Pinkerton Building and the Truman Arnold Student Center at Texarkana College, plus contributions to the Texarkana Community College Scholarship program.
“The excitement at Texas A&M University-Texarkana is infectious and today’s announcement will make sure that all students within this region who have the desire to seek a brighter future through a true university education will have that opportunity,” said A&M-Texarkana President, Dr. C.B. “Bix” Rathburn, III. The scholarship program will begin in time for the fall 2010 semester.
Applications for the fall 2010 semester are still being accepted. Please contact Toney Favors at 903-223-3061 immediately for application assistance and further information.
Details of the Anita and Truman Arnold Scholars Program:
· The Anita and Truman Arnold Scholars Program will provide much needed scholarship resources directed at supporting students from the four state region. Scholarship resources will be directed on a broad based plan to support:
•Students directly out of high school as well as transfer students from community colleges or other universities
•Students who have demonstrated need outside other federal and state financial aid programs
•Students who have demonstrated leadership potential in their high school or college careers
•Students who demonstrate a commitment to community service
Through the Anita and Truman Arnold Scholars program, students at Texas A&M University-Texarkana will be provided:
•The Quality of a world class Texas A&M University system education
•The Distinction of a Texas A&M University System Degree — recognized and valued around the world
•The Best value in higher education in the region through a true university education on a brand new campus with the LOWEST TUITION FOR ANY UNIVERSITY IN TEXAS OR ARKANSAS
•All Right Here In Texarkana