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Released April 15, 2003

$125,000 ENDOWMENT ESTABLISHED FOR
INCOMING SOUTHERN MISS GC FRESHMAN

LONG BEACH, Miss. - An endowment of $125,000 was established recently at The University of Southern Mississippi Gulf Coast to fund The Mary Loraine Peets Buffett Endowed Freshman Scholarship.

Anticipated to be awarded by fall 2004, the scholarship will be based on academic merit and financial need to a female student from the Mississippi Gulf Coast who is entering Southern MissGC. The annual scholarship will provide tuition and books. Along with maintaining a 3.0 grade point average, the student will be required to write a 250-word essay demonstrating creative writing ability.

"I look with great fondness to Gulf Park College and my years spent there," Buffett said. "Meeting girls from all over the country and reveling in challenging academics truly opened up my whole world. I am honored to be a part of giving another Mississippi girl this wonderful, life-enriching opportunity."

"Peets," as family and friends know her, is a 1940 graduate of the Gulf Park College for Women.

The Gulf Park College for Women was in operation from 1917 until 1971. Southern Miss Gulf Coast acquired the campus in 1972. The scholarship is now possible at Southern Miss Gulf Coast since it expanded to offer freshman and sophomore courses.

"As we grow our Gulf Park campus, it will be vital that we have scholarships of this nature that give Southern Miss a better ability to attract top quality students to our coast campus," Southern Miss President Dr. Shelby Thames said. "We appreciate this gift and hope that this scholarship will be one of many to follow for our Gulf Park students."

For further information on this scholarship, contact the Financial Aid Office, Southern MissGC, at (228) 845-4513.

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February 26, 2004 1:23 PM

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