{"518961":{"#nid":"518961","#data":{"type":"news","title":"Georgia Tech Announces Stamps President\u2019s Scholars Program","body":[{"value":"\u003Cp\u003EThe latest gift from the family foundation led by Penny and E. Roe Stamps IV, IE 1967, MS IE 1972, HON Ph.D. 2014, is transforming the President\u2019s Scholarship Program at Georgia Tech once again.\u003C\/p\u003E\u003Cp\u003EIn 2006, the Stamps Family Charitable Foundation launched the Stamps Leadership Scholars program inside the President\u2019s Scholarship Program at Georgia Tech to support merit scholarships for the most promising undergraduate scholars from across the nation. Annual gifts provided by the Stamps Foundation are matched by the Institute, and the total funds provide the full cost of attendance and enrichment opportunities over four years for the 10 top freshmen admitted to Georgia Tech annually. Now, the Stamps Foundation is more than doubling its annual grant to ensure that every President\u2019s Scholar will have the same opportunities provided under the current Stamps Leadership Scholars program.\u003C\/p\u003E\u003Cp\u003EThis means that every student in the President\u2019s Scholars Program \u2014 approximately 40 freshmen each year \u2014 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.\u003C\/p\u003E\u003Cp\u003E\u201cThis level of support for the Institute\u2019s most prestigious scholarship program is nothing short of extraordinary,\u201d said Institute President G.P \u201cBud\u201d Peterson. \u201cRoe and Penny have built a program that inspires our best undergraduate students to aim ever higher, and gives them opportunities to succeed beyond their greatest aspirations. We are grateful for their vision and their generosity in expanding the program\u2019s reach to each and every President\u2019s Scholar.\u201d\u003C\/p\u003E\u003Cp\u003EThe President\u2019s Scholarship Program will be renamed the Stamps President\u2019s Scholars Program in recognition of the Stamps\u2019 philanthropy. Under the expanded program, the Institute will continue to provide scholarship support at the current President\u2019s Scholarship level through income from permanent endowments established by individual donors and funding from institutional resources. Annual gifts from the Stamps Family Charitable Foundation will provide a competitive advantage by raising every President\u2019s Scholarship to cover the full cost of attendance and providing enrichment opportunities. The Institute will continue to press forward with its ultimate goal to fully endow President\u2019s Scholarships as they are currently defined, offsetting the funding required from Institute resources.\u003C\/p\u003E\u003Cp\u003E\u201cPenny and I are thrilled to make this commitment to the future of a truly outstanding program,\u201d said Roe Stamps. \u201cAnd we have been fortunate to partner with Georgia Tech in providing funding every year. It is our hope that others will come forward and invest in permanent endowments to secure the Institute\u2019s investment in perpetuity.\u201d Penny Stamps added, \u201cWe have seen firsthand how these scholarships change the lives of students, families, and communities. It is an investment worth making.\u201d\u003C\/p\u003E\u003Cp\u003EIn 2006 Penny and Roe Stamps created merit scholarship programs for undergraduates at their alma maters \u2013 the University of Michigan and Georgia Tech. Since then, the Stamps Scholars community has grown into a nationwide network of colleges and universities.\u0026nbsp;The Stamps Foundation awards multi-year scholarships to driven and talented student leaders to help them achieve their education and life goals.\u003C\/p\u003E\u003Cp\u003EAs part of their scholarship, Stamps Scholars participate in activities to give back to their communities. Georgia Tech\u2019s Stamps President\u2019s Scholars will participate 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\u2019s group will volunteer with the Atlanta Community Food Bank, working in its community garden.\u0026nbsp;\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EThe latest gift from the family foundation led by Penny and E. Roe Stamps IV, IE 1967, MS IE 1972, HON Ph.D. 2014, is transforming the President\u2019s Scholarship Program at Georgia Tech once again.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":[{"value":"The latest gift from the family foundation led by Penny and E. Roe Stamps IV, IE 1967, MS IE 1972, HON Ph.D. 2014, is transforming the President\u2019s Scholarship Program at Georgia Tech once again."}],"uid":"28797","created_gmt":"2016-04-01 09:11:48","changed_gmt":"2016-10-08 03:21:14","author":"Lance Wallace","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2016-03-30T00:00:00-04:00","iso_date":"2016-03-30T00:00:00-04:00","tz":"America\/New_York"},"extras":[],"hg_media":{"449181":{"id":"449181","type":"image","title":"Tech Tower","body":null,"created":"1449256264","gmt_created":"2015-12-04 19:11:04","changed":"1475895189","gmt_changed":"2016-10-08 02:53:09","alt":"Tech Tower","file":{"fid":"203285","name":"tech_tower_ii.jpg","image_path":"\/sites\/default\/files\/images\/tech_tower_ii_0.jpg","image_full_path":"http:\/\/www.tlwarc.hg.gatech.edu\/\/sites\/default\/files\/images\/tech_tower_ii_0.jpg","mime":"image\/jpeg","size":5997542,"path_740":"http:\/\/www.tlwarc.hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/tech_tower_ii_0.jpg?itok=42L1g--1"}}},"media_ids":["449181"],"related_links":[{"url":"http:\/\/www.stampsfoundation.org\/index.php","title":"Stamps Foundation"}],"groups":[{"id":"1214","name":"News Room"}],"categories":[{"id":"130","name":"Alumni"},{"id":"129","name":"Institute and Campus"},{"id":"132","name":"Institute Leadership"}],"keywords":[{"id":"112111","name":"E. Roe Stamps"},{"id":"171866","name":"Penny Stamps"},{"id":"171867","name":"President\u0027s Scholars"},{"id":"167132","name":"Scholarships"}],"core_research_areas":[],"news_room_topics":[{"id":"71871","name":"Campus and Community"}],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003ELance Wallace\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022mailto:lance.wallace@comm.gatech.edu\u0022\u003Elance.wallace@comm.gatech.edu\u003C\/a\u003E\u003C\/p\u003E","format":"limited_html"}],"email":["lance.wallace@comm.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}