Vermont Business Magazine Saint Michael’s College recently received a $1 million gift from an anonymous donor to launch a special current-use scholarship initiative designed to make tuition more affordable for students and their families.
This transformative gift directly supports the College’s expanded financial aid initiatives, which were recently introduced to increase access and affordability.
“This extraordinary act of generosity reflects the deep commitment of our community to ensuring that a Saint Michael’s education remains within reach,” said Richard Plumb, President of Saint Michael’s College. “At a time when families face increasing financial pressures, this gift empowers us to expand opportunity, strengthen our mission, and continue providing an exceptional, values-driven education to students who will go on to make meaningful contributions to the world.”
The initial $1 million contribution has already inspired an outpouring of additional support.
“This gift has already generated another $3 million in donations from former and current trustees, alumni, and friends of the College,” said Ellen Kane, Vice President for Advancement and Communications. “This is in addition to our general Saint Michael’s Fund annual appeal, which has been increasing over the last two years and also helps reduce the cost of tuition.”
Saint Michael’s recently introduced several major financial aid initiatives designed to address cost and expand access, including:
These initiatives, combined with the momentum generated by this latest philanthropic support, underscore the College’s commitment to affordability, accessibility, and student success.
About Saint Michael’s College
Saint Michael’s College, founded in 1904 on principles of social justice and leading lives of purpose and consequence, is a selective, Catholic college just outside Burlington, Vermont, one of the country’s best college towns. Located between the Green Mountains and Lake Champlain, our closely connected community guarantees housing all four years and delivers an internationally respected liberal arts education, preparing students for fulfilling careers and meaningful lives. Young adults here grow intellectually, socially, and morally, learning to lead with empathy and professionalism, and to be responsible for themselves, each other, and their world.
2.2.2026. COLCHESTER, VT – Saint Michael’s College
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