Elon Trustees Seek Funding
For New N.C. Law School
March 10, 2004
ELON, N.C. - Trustees of Elon University endorsed the idea of a law school Wednesday, but agreed not to move forward unless they can put together at least $10 million in financing to support the school.
A special task force headed by Provost Gerald Francis told school leaders that a law school would fit in well with the university's mission. The task force also determined that downtown Greensboro would be the best location for the school.
Former Greensboro Mayor Jim Melvin told trustees he's working to put together a financing package for a law school. He said he is also negotiating with the Greensboro City Council to use the former Central Public Library building for the school.
Trustees authorized administrators and members of the board to work on a financing and building plan during the next 60 days.
Elon has agreed to contribute an additional $3 million in startup money.
"We believe two months is adequate time to determine if there is enough interest and support among private benefactors to fund development of a law school," said Zac Walker, chairman of the board of trustees.
University of North Carolina at Charlotte officials are also studying whether to start a law school. They are expected to have a decision by the end of the academic year.
North Carolina has law schools at Campbell, Duke, North Carolina Central and Wake Forest universities and at the University of North Carolina at Chapel Hill.