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Campus.News Dec. 2 , 2002

New Hearst Scholarship Established

A new scholarship for underrepresented minority students at Rensselaer is being made possible by a $100,000 gift from the William Randolph Hearst Foundations.

The William Randolph Hearst Endowed Scholarship will provide financial support to one or more qualified and deserving African American, Latino, or Native American undergraduates who have unmet financial need and require additional support to enroll in or continue their education at Rensselaer.

Income from the Hearst Foundations gift will be used to support the scholarship. This year the award totals approximately $4,900.

"This is a great opportunity for Rensselaer to begin a long-term relationship with the William Randolph Hearst Foundations," said Veronica Fitzgerald Kaedy, director of foundation relations. "I'm looking forward to working with the organization to grow the size of the endowment and possibly even expand the breadth of the foundation's support to include other program areas."

Recipients of the scholarship will be chosen on the strength of their respective academic records, work experience, career and educational aspirations, and leadership and participation in school and community activities. The scholarship will be for one academic year, or two semesters, with the possibility of renewal. To qualify for renewal, recipients must have maintained good academic standing.

Rensselaer's Dean of Students and the Office of Financial aid will choose the student recipients and announce the winner of the 2002-2003 Hearst scholarship in January.

The Hearst Foundations support undergraduate education through the establishment of endowed scholarships at private liberal arts colleges and universities. The charitable goals of the organizations reflect the philanthropic interests of William Randolph Hearst: education, health, social service, and culture. Within those four areas, the foundations assist institutions in providing opportunities to underserved and underrepresented populations.

For more information, go to www.hearstfdn.org.

 

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