New York University announced that a $100 million gift was awarded to its School of Engineering from Chanrika and Ranjan Tandon.
The gift will support faculty hiring and academic programs as well as build on cross-disciplinary innovation and entrepreneurship.
The engineering school will be renamed NYU Tandon School of Engineering, and NYU announced plans to raise an additional $50 million for scholarship aid.
Chanrika Tandon, a Grammy-nominated musician, is heavily involved in NYU, serving as a board member for multiple NYU councils, and Ranjan Tandon is founder and chair of a hedge fund.
