Seven young men attending Jamaica College (JC) were yesterday made the first recipients of scholarships under the R. Danny Williams Bursary Fund.
Each of the pupils received $100,000 to cover school expenses, including lunch, uniform and transportation costs.
Speaking at the launch of the bursary fund at the Karl Hendrickson Auditorium at JC, Williams said he was honoured to have his name associated with such an initiative.
"I can't think of anything that is more meaningful to me - not just because my name will be attached to it … . I am delighted that we have been able to put all those funds into the Jamaica College Foundation," Williams said.
He said close to $21 million has been raised to put into an investment fund for the continuity of the endowment.
President of Sagicor Life Jamaica, Richard Byles, who is also a past student, was on hand to donate another $1 million to the fund.
Williams noted that the bursaries are not indefinite as students will have to apply each year, and the intention is to at least double the number of recipients by next year.
The inaugural recipients of the endowment are Carl Campbell, Cleon Davis, Chanarie Lindsay, Duvaire Wauchope, Nicholas Francis, Akeem Neil and Daniel Thompson.
Ruel Reid, principal of JC, said the students were chosen based on their academic performance, with each of them averaging close to 80 per cent or more, along with their exemplary deportment.