Loyds make $5 million gift toward SMU’s Residential Commons

SMU Residential Commons Rendering 2012Paul B. Loyd Jr. ’68 and his wife, Penny Requa Loyd, are continuing their longtime support of SMU with a $5 million gift toward one of five new Residential Commons buildings designed to enhance SMU’s living-learning environment. Their gift was announced during SMU Founders’ Day Weekend at the groundbreaking ceremony for the Commons complex, scheduled to open in fall 2014.

Including this gift, the Loyds’ contributions to SMU have supported a variety of initiatives, most notably SMU Football’s Circle of Champions, the Mustang Band Hall, Meadows School of the Arts scholarships, the Sigma Alpha Epsilon House Fund, and the Paul B. Loyd, Jr. All-Sports Center, adjacent to Gerald J. Ford Stadium. The center, which opened in 2000 with Ford Stadium, houses locker rooms, offices, training and sports medicine facilities for SMU’s 17 sports teams.

The Loyds also provided funding in support of the new Penny and Paul Loyd Center for the Academic Development of Student Athletes (ADSA), housed in the All-Sports Center, which helps student-athletes maximize their athletic and academic potential.

“Nearly every SMU student benefits from the Loyd family’s generosity,” says SMU President R. Gerald Turner. “From students enhancing their study skills and preparing for exams at the Altshuler Learning Enhancement Center and the ADSA, to student athletes working out in the weight room, all in the Loyd All-Sports Center, the Loyds have enhanced the campus experience of SMU students. Now a new generation of students will enjoy living and learning in the Loyd Commons.”

Construction on the Residential Commons complex is under way in the southeast corner of the main campus, near Ford Stadium and the future George W. Bush Presidential Center. The complex will provide housing, parking and dining facilities for 1,250 students, enabling all first- and second-year SMU students to live on campus. Each residential facility will include a faculty residence and offices, classrooms and seminar rooms.

The Loyds serve as members of the SMU Parent Leadership Council. As of the May 2012 graduation of their daughter, three of their five children are SMU graduates. Kelly Loyd graduated in 1996 with a B.S. in economics. Jessica Requa earned in 2008 a B.A. in psychology and a B.B.A. in accounting as well as an M.S. in accounting in 2009. Sarah Requa received a B.A. degree in markets and culture and a B.A. in psychology at SMU’s 2012 Commencement.

Written by Nancy George

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