News

Colby Alumnus Makes $2.5 Million Donation for Financial Aid

/Photo courtesy of Colby College


WATERVILLE, Maine (AP) Colby College says an alumnus has given the school $2.5 million to help students needing financial aid to graduate from the college.

Steve Ford has now donated a total of $3.5 million to the Waterville college he graduated from in 1968, saying Colby helped him financially when he needed it so he wanted to give back. Ford tells the Bangor Daily News that the new money is earmarked toward the general financial aid pool at the college to help students from Maine.

Steve Ford had a lifelong career as a corporate attorney, including 20-plus years with Scott Paper and S.D. Warren, working with their Maine operations and timberlands.

Colby offers about $6 million per year in financial aid to students from Maine.

Latest Headlines

5 hours ago in Local

Southern Maine Community College Open After Lockdown

People had been asked to avoid the area while the lockdown was in effect.

6 hours ago in Local

Portland Police Looking for Man Missing for a Month

Officers did not say where the man was last seen.

19 hours ago in Local

Fiery Scarborough Crash Caught on Video

Crews quickly stretched a hose line and had water on the flames within moments.

20 hours ago in Local

Union Man Get 10 Years Drug Trafficking in Midcoast

Homeland Security and the Maine Drug Enforcement Agency investigated the case.

21 hours ago in Local

Bomb threat targeting Colby College deemed not credible following evacuation

Colby College in Waterville was deemed safe after a bomb threat Monday morning.