Nichols College has received a $2-million gift to go toward scholarships for local students and a variety of academic initiatives, the Dudley school announced Wednesday.
The gift is from a global financial services leader who wishes to remain anonymous, Nichols said.
The funds will go to the school’s endowment, with funds paying for a new business consulting center to formalize and advance the professional-level work Nichols students are already conducting in their classes and an endowed scholarship for students in southern Worcester County. The funds will also be used to support the Student-Managed Investment Fund, which was created last fall through donations from three alumni.
Nichols launched a Bicentennial Campaign that surpassed its $45-million goal three years ago. It was later extended to raise an additional $20 million to help support scholarships, professorships and programs.