Eberly graduated in 1939 from Penn State with a BS in Commercial Chemistry.

On March 17, 1990, the College of Science at Penn State was renamed the Eberly College of Science in recognition of the support of the Eberly family.

The Eberly family has also made donations to help build the Paterno Library addition and the Bryce Jordan Center at University Park campus, endow scholarships for Penn State Fayette Campus students and support higher education at Penn State and West Virginia University.

His wife, Elouise R. (née Ross), is an honorary alumna of Penn State.

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