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Stamps Foundation Expands President’s Scholars Program

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STAMPS FOUNDATION

EXPANDS PRESIDENT’S SCHOLARS PROGRAM

In 2006, the Stamps Family Charitable Foundation launched the Stamps Leadership Scholars program inside the President’s Scholarship Program at Georgia Tech to support merit scholarships for the most promising undergraduate scholars from across the nation. Now, the Stamps Foundation is more than doubling its annual grant to ensure that every President’s Scholar will have the same opportunities provided under the current Stamps Leadership Scholars program.

The latest gift from the family foundation, led by Honorary Alumna Penny and E. Roe Stamps IV (IE 1967, MS IE 1972, HON Ph.D. 2014), means that every student in the President’s Scholars Program — approximately 40 freshmen each year — will receive funding equal to the full cost of attendance for four years (including tuition, fees, books, full room and board, and a stipend for miscellaneous living expenses) plus a laptop and enrichment experiences such as outdoor leadership programs, research and internship opportunities, and at least one international experience, up to $15,000 over four years.

“This level of support for the Institute’s most prestigious scholarship program is nothing short of extraordinary,” said Rafael L. Bras, provost and executive vice president for Academic Affairs and K. Harrison Brown Family Chair. “We are grateful for Roe and Penny’s vision and their generosity.”

The President’s Scholarship Program has been renamed the Stamps President’s Scholars Program in recognition of the Stamps’ philanthropy. Under the expanded program, the Institute will continue to provide scholarship support at the current President’s Scholarship level through income from permanent endowments established by individual donors and funding from institutional resources.

The Institute will also continue to press forward with its ultimate goal to fully endow President’s Scholarships as they are currently defined, offsetting the funding required from Institute resources.

As part of their scholarship, Stamps Scholars participate in activities to give back to their communities. Georgia Tech’s Stamps President’s Scholars participated in the first Stamps National Day of Service on April 16, along with peers at 17 other colleges and universities around the country. Georgia Tech’s group volunteered with the Atlanta Community Food Bank, working in its community garden.

Learn more about the Stamps President’s Scholars Program at www.psp.gatech.edu.