Under the terms of the will of Avery Hopwood, a prominent American dramatist and member of the class of 1905 of the University of Michigan, one-fifth of Mr. Hopwood's estate was given to the regents for the encouragement of creative work in writing. The first awards were made in 1931, and today, the Hopwood Program offers around $120,000 in prizes every year to aspiring writers at the University of Michigan. According to Nicholas Delbanco, UM English professor and former director of the Hopwood Awards Program, "This is the oldest and best-known series of writing prizes in the country, and it is a very good indicator of future success."