• Sacred Heart University in Fairfield, Connecticut, received a $100,000 grant from the William Randolph Hearst Foundation. The money is earmarked for scholarships for poor or needy students.

The business school at Hampton University, the historically black educational institution in Virginia, received a $476,000 grant from the Wachovia Foundation. The funds will be used to create a virtual trading room on the Hampton campus and to provide scholarships for students who want to pursue a career in financial services.