I am delighted to make a very special announcement today.
In 2013, one of our most distinguished graduates, Graham Tuckwell, and his wife Louise created what is now known to be one of the most transformational undergraduate scholarships in Australia, the Tuckwell Scholarship, through an extraordinary act of philanthropy.
Today I am very pleased to tell you that Graham and Louise have expanded the prized Tuckwell Scholarship Program with around $200 million now planned to fund the Program over the next 30 years.
The funding will come from two iconic new halls of residence at ANU to be built over the next two years, funded by Graham and Louise Tuckwell at a cost of around $100 million.
The expansion includes hiring a number of full-time and part-time staff to support the Program and the construction of a $10 million Scholars House building, which will be the pastoral, academic and social heart of the Tuckwell Scholarship program.
The collegiate-style residences will each house 400 ANU students in the heart of the campus. The new halls will provide students with one of the world's best experiences of living on-campus.
Revenue from the residences will fund the Tuckwell Scholarship Program in perpetuity and will lead to an increase in the number of scholarships offered each year.
The Tuckwell program helps the entire University by engaging a diverse cross-section of Australian society with the ANU and its mission goes well beyond the scholars themselves.
I am very honoured to receive this magnificent contribution from the Tuckwells on behalf of the ANU community. It marks a new milestone in the history of philanthropy to a university in this country, and is a monumental contribution that will be a legacy for many decades to come.
This is a truly outstanding contribution and I hope you will all join me in thanking Graham and Louise for their extraordinary generosity.
With best wishes,