University of Tulsa Receives $12 Million for Scholarships from Asbjornson Foundation

Transformative Gift from Asbjornson Foundation



In a significant step towards enhancing educational opportunities, the University of Tulsa has been honored with a monumental donation of $12 million from the Asbjornson Foundation. This generous endowment is set to revolutionize the educational landscape for Montana students, providing scholarships and critical learning experiences that can shape their futures.

The Asbjornson Foundation's gift aims to support a wide range of academic endeavors, particularly targeted at students hailing from Montana. With the expansion of access to education, this funding will help cultivate future leaders, entrepreneurs, and innovators by removing barriers that may hinder deserving students from pursuing their educational goals.

A Suite of Supportive Programs



The endowment will establish several funds dedicated to scholarships and educational initiatives, ensuring that both undergraduate and graduate students are empowered to thrive. Key components of this initiative include:
  • - Scholarship Endowments: The cornerstone of the gift is the creation of the Norman H. Asbjornson Undergraduate Scholarship Endowment for Engineering, Business, and Entrepreneurship. This endowment is designed to support full-time students majoring in fields such as engineering, computer science, data science, finance, and other emergent disciplines.
  • - Graduate Scholarship Endowment: An additional endowment specifically targeting graduate students, the Norman H. Asbjornson Graduate Scholarship Endowment is intended to enhance accessibility to advanced education in technology-driven domains.
  • - Summer Tuition Scholarship: To facilitate academic progress, the Norman H. Asbjornson Summer Tuition Scholarship Endowment will provide assistance for students wishing to accelerate their studies or add additional majors/minors to their curriculum.
  • - Global Experiences Stipends: Recognizing the need for international exposure in today's interconnected world, the Norman H. Asbjornson Endowed Stipends for Global Experiences will support study-abroad programs, allowing students to broaden their horizons.
  • - Experiential Learning Stipends: Complementing traditional education, the Norman H. Asbjornson Endowed Stipends for Experiential Learning will provide resources for students to pursue activities beyond the classroom, such as research opportunities, conferences, and leadership programs.

A Legacy of Support



Scott Asbjornson, a University of Tulsa alumnus, expressed his firm belief in the transformative power of education, stating that it serves as a gateway to new opportunities and a better life trajectory. His family's experiences in Montana and Tulsa have profoundly influenced this belief, leading to this generous support of students from these regions.

“We aim to empower talented individuals to learn, explore, and develop their potential in ways that prepare them for impactful leadership roles,” Scott shared.

Norman H. “Norm” Asbjornson, Scott’s father and a Montana native, is also notable for founding AAON, a well-regarded manufacturer of advanced HVAC systems that caters to global markets.

In conclusion, the Asbjornson Foundation's $12 million commitment to the University of Tulsa stands as a powerful reminder of the critical role that educational support plays in empowering the next generation of leaders and innovators. As this initiative unfolds, it promises to create a lasting impact not only in the lives of numerous students but also within the communities they hail from and the industries they will eventually serve.

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