A gala held to celebrate the investiture of a new president at the University of New Orleans raised $200,000 for veterans scholarships, President Peter Fos said.

The money will help launch the new EdVets scholarship program, which will supplement the Post-9/11 GI Bill with enhancements that include summer study abroad.

The $200,000 will fund 20 EdVets scholarship students in the 2013-14 academic year.

“I am thrilled by the support that we received from our alumni and the entire New Orleans community for the investiture gala,” Fos said.

“As both the leader of UNO and an alumnus, I am so proud that this event will enable veterans to enjoy a first-class educational experience at UNO. I am thankful for the many people who made the gala a success.”

Approximately 600 people attended the gala, which was held at the Hyatt Regency Hotel.