Indian-American Philanthropist Anil Kochhar Pays Off Student Loans for NC State Graduates
Indian-American donor stuns NC State graduates by paying off final-year loans
Hindustan Times
Image: Hindustan Times
Anil Kochhar, an Indian-American philanthropist, announced during the commencement ceremony at North Carolina State University's Wilson College of Textiles that he and his wife, Marilyn, will pay off all final-year loans for the graduating class of 2026. This generous gift honors his late father, Prakash Chand Kochhar, who immigrated from India to study textile manufacturing.
- 01Anil Kochhar will pay off all final-year student loans for NC State's Wilson College of Textiles graduates in 2026.
- 02The announcement was made during the commencement ceremony and was met with cheers from attendees.
- 03This gift honors Kochhar's father, Prakash Chand Kochhar, an immigrant from India who studied at NC State.
- 04Kochhar's father arrived in the U.S. in 1946 and built a successful life in the textile industry.
- 05The gift will benefit 176 bachelor's degree graduates and 26 master's degree graduates.
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During the commencement ceremony at North Carolina State University's Wilson College of Textiles, Anil Kochhar, an Indian-American philanthropist, announced that he and his wife, Marilyn, will pay off all final-year student loans for the graduating class of 2026. This generous gesture, which aims to alleviate financial burdens for graduates, was made in memory of Kochhar's father, Prakash Chand Kochhar, who immigrated from India in 1946 to pursue a degree in textile manufacturing at NC State. Anil Kochhar, wearing a red NC State cap, expressed his gratitude for the opportunities his father received, stating, 'My father found not just an education, but an opportunity that allowed him to build a life.' The announcement was met with enthusiastic applause from the audience, highlighting the impact of this gift on the 176 students earning bachelor's degrees and 26 students earning master's degrees this year.
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This significant donation will relieve financial stress for graduates, allowing them to start their careers without the burden of student debt.
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