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story.lead_photo.caption File photo of the bell tower at the University of Arkansas Fort Smith campus - Photo by David Gottschalk

FORT SMITH — The University of Arkansas at Fort Smith has received a gift of $10.8 million that will be used for scholarships, the university announced Tuesday during a news conference at the Fullerton Administration Building on campus.

The gift is from the estate of Myles Friedman, a Fort Smith native who taught at the university. The money will be put toward merit-based scholarships for students pursuing bachelor’s degrees in the arts or sciences.

The university said that it also will rename its honors program the Myles Friedman Honors Program.

Friedman died last September.

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