Foundation pledges Loyola scholarship

The Patrick F. Taylor Foundation has pledged $1.26 million in scholarship support to Loyola University for first-generation college students who live in Louisiana and demonstrate financial need.

The grant will provide seven $15,000 scholarships per year over the next 12 years.

Students who receive the scholarship must carry at least 15 class hours per semester and meet a 2.3 GPA after the first year and a 2.5 GPA for each subsequent year.