UNT Alumnus expands scholarship with bequest

By: 
Teresa Love

UNT Alumnus Bill Wade Cofer and his wife Carol made a bequest of $3 million to the University of North Texas to support general scholarships for students from the Texas Panhandle attending UNT.

The gift will boost support for the Bill and Carol Cofer Scholarship, which provides renewable merit scholarships for graduates of Pampa High School. Qualifying recipients receive funds to cover their cost of attendance including tuition, room and board.

Bill earned a bachelor of science in 1955 in Industrial Arts Education. After serving two years in the U.S. Navy, he briefly taught school before embarking on a 30-year career with Boston-based oil and gas conglomerate Cabot Corporation. A longtime supporter of UNT, Bill began participating in Cabot’s matching gift program in 1982, and in 1999, he and Carol established an endowed scholarship in their name from funds he inherited upon his mother’s passing (Lola Holmes Cofer).

“I wanted to give back because I believe in my alma mater and know it produces great alumni,” said Bill. “When we initially created the scholarship, we indicated our desire to help students from White Deer, Texas where Carol and I graduated. However, over time we determined that more students were coming to UNT from nearby Pampa High School where we now live. So we changed the criteria to allow the fund to assist the greatest number of students.”