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Brokaw giving $50,000 for Indian scholarships

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NBC "Nightly News" anchor Tom Brokaw has established a scholarship for American Indian students at the University of Iowa.

He gave $50,000 to establish the Tom Brokaw Scholarship Fund for American Indian Students, university officials announced Monday. The first recipient is expected to be named in the spring and will receive a scholarship for the 2002-03 school year.

"From my years spent in South Dakota and elsewhere, and over the course of my career as a journalist, I have seen the kinds of opportunities that quality higher education can provide for American Indian students," Brokaw said in a statement.

Brokaw, a South Dakota native, attended the University of Iowa from 1958-59.