Agreement with science foundation will create 30 postdoctoral fellowships.

The $20 million gift endows a student community that integrates living and learning as well as faculty chairs and student support at USC.

“As the Great Recession decimated U.S. job growth, one sector continued to thrive: biotechnology,” says USC President C. L. Max Nikias.

Honorary degrees at 132nd ceremony will go to football coach Pete Carroll, Attorney General Kamala Harris, health policy expert Leonard D. Schaeffer, conductor Michael Tilson Thomas and Nobel Prize-winning chemist Ada Yonath.