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FSU receives $50K gift from North Carolina Surplus Lines Association to Support Risk Management and Insurance Program

By Staff Report, posted 2 months ago
Photo provided by: FSU. 

Fayetteville State University's (FSU) Broadwell College of Business and Economics has received an unrestricted gift of $50,000 from the North Carolina Surplus Lines Association (NCSLA) to enhance its Risk Management and Insurance program. This generous contribution will support scholarships, student travel and experiential learning initiatives. 

Founded in 1985, NCSLA is a nonprofit organization that provides regulatory support and promotes stability in the excess and surplus insurance market. With over 2,400 members, including surplus lines licensees and associate company members, NCSLA plays a crucial role in offering alternative coverage options for consumers in North Carolina while also supporting the state's Department of Insurance. 

FSU began its relationship with NCSLA during the organization's annual conference in early Spring 2025, which paved the way for this impactful partnership. Support for this engagement came from FSU's University Advancement team, particularly Sandra D. Yates, Associate Vice Chancellor for Development, along with faculty leaders Dr. Jennifer Bushelle-Edghill and Dr. Chaynie Williams. 

Dr. Chaynie Williams, Associate Professor in the Risk Management and Insurance program, emphasized the importance of this support in a press release, stating: 

"We are incredibly grateful to the North Carolina Surplus Lines Association for their generous contribution. This gift will significantly enhance our Risk Management and Insurance program by expanding scholarship opportunities, supporting student travel, and deepening industry engagement through experiential learning. Partnerships like this are vital to preparing our students for leadership in a dynamic and evolving industry." 

Dr. Jennifer Bushelle-Edghill, Chair of the Department of Accounting, Finance, Healthcare Administration, Information Systems, and Business Analytics, and a key advocate for industry partnerships, added in the release:

"We are deeply grateful to the North Carolina Surplus Lines Association for this meaningful investment in our students and the future of the Risk Management and Insurance industry. This gift will have a direct and lasting impact by funding scholarships, supporting student travel to industry events, and strengthening connections between our students and professionals in the field. Support from partners like the North Carolina Surplus Lines Association is essential for expanding access, enriching learning experiences, and building industry relationships that prepare our graduates to thrive. This collaboration reflects our shared commitment to developing a well-prepared talent pipeline for the insurance and risk management sectors.

“We look forward to our continued partnership in advancing this important mission." 

This gift, along with a recent $10,000 contribution from N.C. Farm Bureau, positions the Risk Management and Insurance program for substantial growth and enhanced student success through increased experiential opportunities.

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