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GE grant awarded to Scholars program

Anne Dunne

Issue date: 9/28/06 Section: News
Money. Money. Money.

The General Electric (GE) Foundation recently awarded Sacred Heart University $157,000 for their Scholars Program to help funding for the 18 students enrolled.

"All of this came out of GE's interest in bridging the gap of minority students who were interested in entering into mathematic and science studies and, therefore, careers," said Virginia Stephens, Sacred Heart GE Foundation Scholars Program Director.

The GE Foundation works to strengthen educational quality for disadvantaged youth globally.

A division of the General Electric Company, this funding is to help support academically talented minority students here on campus. Recipients of this award are also given the opportunity to be paired with a GE employee.

Eligibility requirements for this grant include being a full-time undergraduate, need for financial aid, 3.0 grade point average, minority student status, United States citizenship or resident alien status. Also prospective recipients must show interest in mathematics, information technology, science or one of the business disciplines such as accounting, finance or economics. Recipients are also expected to perform community service.

"I have been told students who are either financially disadvantaged or would not be able to secure as good as an education without a grant have received the money," said John Nugent, senior, Manchester, N.H. "Other than that, in my opinion, what the money has actually been applied to has been kept tight-lipped."

The $157,000 grant is dispersed in two ways. $72,000 of it is split between the 18 students in the program and is used as an earmarked scholarship to apply towards tuition. Each student receives $4,000. The other $85,000 is given towards retention and enrichment programs.

"As a Mathematics major here at the University, the grant for the scholars is effective because people who are going into this program need extensive knowledge for the field," said Colleen Parsons, junior, Richmond, Mass. "This grant helps facilitate their education."
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