National University to become Sanford National University

SIOUX FALLS, S.D. (AP) — South Dakota billionaire philanthropist T. Denny Sanford will have San Diego-based National University renamed in his honor.
Sanford and the university announced Tuesday the school will be renamed Sanford National University. A formal launch is planned for July.
Forbes reports Sanford has pledged $350 million to National University. The private, nonprofit schoolplans to dedicate the money to lowering the cost of college education for working adults, among other goa