Terry and Susan Duke established the Terry M. Duke Endowed Scholarship for risk management and insurance, ranked ninth in the nation, with a $25,000 donation to the ULM Foundation.

Terry Duke is the Area Chairman for Arthur J. Gallagher and has been an insurance broker for 36 years and his wife Susan has an interior design business.

Duke believes that “the insurance field is so large and has many more facets than most people realize” which encourages a lot of young students to pursue the field.

President Nick J. Bruno thanked the Dukes for the endowed scholarship and said their generosity is an investment in the future.

“ULM provides such an economic boost to our region, but more importantly, it trains our future professional workforce. That’s what a scholarship such as this is, an investment in students who may need or deserve additional funding to allow them to reach their academic goals and enter the workforce well-trained and well-prepared,” Bruno said.

The scholarship will help students pursuing RMI degrees to put their foot on the professional world.