Warren Wilson College News

Existing scholarship fund brings new possibilities

Warren Wilson College has a new scholarship to help support students with financial need, thanks to long-time friend and supporter, Dr. Ann Smith Rice.

Ann and her late husband, Dr. Myron (Mike) Rice, learned about the College two decades ago, during the time when Homer and Helen Jones of Princeton, New Jersey, regularly invited friends and family to visit campus to see the Triad in action. Ann and Mike were both educators and shared a life-long commitment to the value of higher education. During their careers, Ann and Mike funded scholarships in business and education at Utah State University and Georgia College & State University. They also endowed a Rice Family Fund at the University of California Santa Barbara to help physicists afford to live while doing research with the Kavli Institute of Theoretical Physics.

Despite not having been on faculty at Warren Wilson College, the Rices demonstrated their support of its mission by becoming members of the Bannerman Society and designating the College as beneficiary of a home they owned in Black Mountain. Another show of their support was an investment fund they established to allow Warren Wilson business students to practice what they were learning.

Since Mike’s passing, Ann has continued to follow Warren Wilson College from across the country. With her experienced and informed understanding of the economics of higher education during times of national economic uncertainty, Ann is sympathetic to the need for small, private colleges to provide financial assistance for students and families lacking sufficient resources. When she learned that changes to the business offerings of the College might require new uses of the Rice investment fund, Ann graciously agreed to convert it to the Drs. Ann and Mike Rice Endowed Scholarship. With this change, the College now has over $57,000 more in its scholarship endowment from which to award scholarship assistance to struggling students.

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