Segra Establishes Endowment Fund to Provide Scholarships for Fayetteville State University Students

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Segra, one of the largest independent fiber network
companies in the Eastern U.S., and namesake of Segra Stadium, home to the
Fayetteville Woodpeckers minor league baseball team, has established an endowed
scholarship with Fayetteville State University (FSU). The $30,000 scholarship,
matched by Title III Funds for a total of $60,000, will support FSU students
who demonstrate financial need. Segra also provided $3,000 to support general
scholarships.

Title III is a federally funded program that helps eligible
higher education institutions expand
their capacity to serve students by providing funds to improve and strengthen
academic quality, institutional management, and fiscal stability.

“By matching Segra’s
gift, Title III provides opportunities for HBCUs like FSU to sustain and grow
its endowment while aligning with one of Segra’s core values of creating a
legacy,” said Dr. Harriet Davis, Vice Chancellor for Institutional Advancement
at FSU.

“I am so pleased that Segra
saw the need and opportunity to support Fayetteville State University and its
students,” said Interim Chancellor Peggy Valentine. “This financial support
will be put to great use and will allow deserving students to obtain the
quality education that they so richly deserve. I am grateful to Segra for their
generosity and for making this investment in our students.”

Segra executives said that the firm is proud to
support FSU and its students.

“One of Segra’s values is creating a legacy; we create
value for our customers and the communities we serve. By doing so, we establish
a heritage of constant innovation and good stewardship,” said Timothy Blitz,
Segra Chief Executive Officer. “Investing in student scholarships for FSU will
pay dividends for generations to come.”

About Segra

Segra is one of the largest independent fiber infrastructure bandwidth companies in the Eastern U.S. It owns and operates an advanced fiber infrastructure network throughout nine Mid-Atlantic and Southeastern states. Segra provides Ethernet, MPLS, dark fiber, advanced data center services, IP and managed services, voice, and cloud solutions, all backed by its industry-leading service and reliability. Customers include carriers, enterprises, governments, higher education, and healthcare organizations. For more information about Segra’s technology and commitment to customer care, visit https://www.segra.com/.

About Fayetteville State University

Fayetteville State University is a
constituent institution of The University of North Carolina System and the
second-oldest institution of higher education in the state, having been founded
in 1867. FSU is a historically black university offering degrees at the
baccalaureate, master’s, and doctoral levels. With more than 6,700 students,
Fayetteville State University is among the most diverse institutions in the
nation. To learn more about Fayetteville State University, visit www.uncfsu.edu.