NC State University Textile Graduates Relieved of Senior Year Loans
Anil Kochhar and his wife will cover final-year education loans for about 200 graduates as a tribute to his father, the college said.
- On Friday, May 8, philanthropist Anil Kochhar announced he and his wife, Marilyn Kochhar, will pay off final-year student loans for approximately 200 graduates of North Carolina State University Wilson College of Textiles during their commencement ceremony in Raleigh.
- Kochhar intended the gift as a tribute to his late father, Prakash Chand Kochhar, who moved from India to Raleigh in 1946 to study textile manufacturing at the university.
- Dean David Hinks called the gift an "extraordinary investment" in students, citing its alignment with the college's efforts to keep education affordable and ease financial burdens for graduates.
- Graduates expressed profound relief at Reynolds Coliseum, with Alyssa D. Costa remarking, "As a daughter of immigrants, this money helps me and my family a lot, and I'm really fortunate to have an opportunity like this."
- By eliminating final-year debt for the class of 2026, the donation enables these new professionals to begin their careers with reduced financial obligations and greater freedom to pursue ambitious goals.
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Indian-origin entrepreneur, wife clear loans of 176 US grads. Who's Anil Kochhar?
Indians in US News: At North Carolina State University's Wilson College, Indian-origin entrepreneur Anil Kochhar and his wife Marilyn stunned graduates by announcing they would clear the final-year student loans of the entire Class of 2026, honouring Anil's late father. The announcement drew roaring applause from both students and their families.
Graduates shocked as speaker pays off their student loans
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Graduates Stunned After Commencement Speaker Wipes Out Student Debt
Students expecting to leave graduation with diplomas also walked away with something else on Friday — relief from a chunk of their student debt. According to the New York Post, graduates at North Carolina State University were caught completely off guard when commencement speaker Anil Kochhar announced that he and his wife, Marilyn, would pay off all final-year education loans for graduates from the Wilson College of Textiles. The unexpected mom…
NC State University Textile graduates relieved of senior year loans
(CBS, KYMA) - Hundreds of Textile graduates from NC State University's Wilson College received a massive surprise at their graduation Friday. Graduation ceremony speaker Anil Kochhar, who is the son of an alumnus, announced he and his wife, Marilyn, will be covering "all the final year education loans incurred by the Wilson College graduates during the 2025-2026 academic year." According to CBS affiliate WNCN, Kochhar's gesture is in honor of hi…
Who is Anil Kochhar? 5 things to know as Indian-origin philanthropist clears loans for 176 NCSU grads, video goes viral
Indian-origin philanthropist Anil Kochhar will cover final-year student loans for the 2026 graduates of NC State University's Wilson College of Textiles.
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