The UNLV Alumni Association has allocated $30,000 of its annual endowed scholarships to establish the Fred Albrecht Business and Law Endowment, according to association President Kevin Page.

The endowment, named in honor of Albrecht, UNLV vice president for university and community relations and long-time director of alumni relations, will provide $10,000 for scholarships in each of three areas: undergraduate business degree, master of business administration, and law degree candidates. The association endows scholarships in 45 departments throughout the university.

"The scholarships are named in honor of Fred Albrecht because it was his hard work that helped raise most of the endowment funds," Page said.

The scholarships will be awarded this spring and will become effective for the fall 2001 semester, Page said, adding that interested students should contact the business or law dean's office for detailed information and application forms. Candidates for the MBA and JD degrees must also have earned their undergraduate degrees from UNLV to be eligible for the new scholarships.

The UNLV Alumni Association is working with Dean Richard Morgan of the William S. Boyd School of Law to establish a law school alumni association similar to the one that already exists in the College of Business.

Page said the UNLV Alumni Association is also working with Morgan and College of Business Dean Richard Flaherty to establish various activities, including fund raising for endowed scholarships and deans' discretionary funds, as well as work-study opportunities for students and alumni of the business college and law school. The College of Business has more than 9,800 alumni; the law school awarded its first five degrees in December and will graduate its first full class in May.

Page said the UNLV Alumni Association, as well the business and law deans, believe these new programs will benefit the local business and law communities, as well as students and alumni, and that strong community support will make these programs highly effective.