The Israel Government, recognizing the vital role of Tel Aviv University in providing academic and professional training, has appropriated the sum of 23,500,000 pounds (about $8,000,000) to assist the University in its development program over the next three years, Dr. George S. Wise, president of the University, said on his arrival in the United States.
Dr. Wise pointed out that this represented over thirty percent of the amount of 73,000,000 pounds needed for development by the University during this period. He expressed hope that the major part of development funds will be raised through contributions from abroad. Dr. Wise’s statement corrected an erroneous report last month to the effect that the government grant to Tel Aviv University had been in the amount of 95,000,000 pounds.
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