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South Coast university gets major scholarship to help low and middle income students

California Lutheran University Photo 1
Brittany App
/
California Lutheran University
Thousand Oaks-based Cal Lutheran received a $2.5 million grant from the TOLD Fondation for scholarships.

$2.5 million grant to Cal Lutheran one of the largest scholarship contributions in the University's history.

A South Coast university has received one of the largest gifts in its history for scholarships. California Lutheran University got $2.5 million from the Camarillo-based TOLD Foundation.

The money will be used to help students from low and middle income families at Cal Lutheran. Incoming students with solid academic and community involvement track records will be targeted. If the students do well in school, the scholarships will be renewable.

Real estate developer Jack Gilbert and his wife Carol founded the TOLD Foundation in 2011. Their son, Rod Gilbert now oversees the Foundation, which gives money to a number of educational and community projects.

Cal Lutheran is the parent of KCLU Radio.

Lance Orozco has been News Director of KCLU since 2001, providing award-winning coverage of some of the biggest news events in the region, including the Thomas and Woolsey brush fires, the deadly Montecito debris flow, the Borderline Bar and Grill attack, and Ronald Reagan's funeral.