University Head Gives Bonus to Scholarship Fund
May 13, 2009
The president of the University of Florida has donated his $285,000 bonus last year to Florida Opportunity Scholarship, a program he founded to help low-income students make it to college, reports the Associated Press.
The gift represents 39 percent of Bernie Machen’s 2008 earnings, which totaled $731,811 in salary, bonuses, and other compensation. The Chronicle of Higher Education lists him as the nation’s eighth-highest paid public-university president.
(Free registration is required to view the AP article on The New York Times site, and a paid subscription or temporary pass is required to view the Chronicle survey chart.)
