David M. Rubenstein Scholars Program

David M. Rubenstein Scholars Program

David M. Rubenstein, ’73, has renewed his commitment to the University of Chicago Law School’s Rubenstein Scholars Program with a $13 million gift that will provide nearly 60 full-tuition scholarships for outstanding students in the Classes of 2020, 2021, and 2022.

The David M. Rubenstein Scholars Program was established in 2010 with an initial gift from Rubenstein, a University Trustee and the co-founder and co-CEO of The Carlyle Group. He renewed his commitment in 2013 to fund an additional 60 three-year scholarships, ensuring that Rubenstein Scholars would account for approximately 10 percent of students at the Law School. The new gift brings Rubenstein’s support for the program to a total of $33 million since 2010.

David M. Rubenstein, '73, made his generous gifts to the Law School for two reasons: to help the Law School compete for the very best students and to provide worthy law students the kind of financial head start he also was given. Rubenstein attended the Law School on a full-tuition scholarship, which lifted the burden of paying for law school from his parents and enabled him to follow a nontraditional career path after graduation. As a result, he built the experience and connections that led to him becoming one of the most successful businessmen in the United States. He is the founder of The Carlyle Group, one of the world's largest private equity firms, and is an influential philanthropist, spreading his wealth in ways that have tremendous immediate impact. Rubenstein's gift will continue to change the lives of many law students and benefit to the entire Law School community.