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News by the Boston Globe. Meryl Streep plans to establish two scholarship funds for students at the University of Massachusetts Lowell, UMass Lowell said Wednesday. The scholarships will be endowed with all net proceeds from her Streep’s scheduled appearance Feb. 5 at the Tsongas Center at UMass Lowell. Streep is expected to discuss her acting career during the event. The new Meryl Streep Endowed Scholarship Fund will assist outstanding UMass Lowell English majors with the cost of their education, the university said. The Joan Hertzberg Endowed Scholarship, also to be established by Streep, will support students who excel in math as Hertzberg did. Hertzberg was a former classmate of Streep’s at Vassar College. Hertzberg transferred to Williams College, where she was the valedictorian of the college’s first graduating class that included women. She had a successful career as a therapist, author and teacher in the San Francisco area before her death in 2013, the university’s press release said. A Feb. 5 event at the university is set to feature Streep and Andre Dubus III, a UMass Lowell faculty member and author. The event is titled “A Conversation with Meryl Streep.” At the event, Steep is expected to discuss her acting career. Tickets can may be purchased through the Tsongas Center box office, whose website is www.tsongascenter.com. Streep’s appearance is expected to raise in more than $100,000 for her two scholarship funds, the university said.