Stamps Scholarship Is Established by Pitt, Foundation

Issue Date: 
January 13, 2014

Top Pennsylvania students who apply to the University of Pittsburgh by Jan. 15 will be considered for a new Stamps Leadership Scholarship at Pitt, which not only covers full tuition, room, and board for four years of study but also includes a one-time $17,400 stipend for educational activities like studying abroad, conducting research, or participating in academic conferences. Through a partnership recently established between the University and the Stamps Family Charitable Foundation, as many as five freshmen enrolling at Pitt in August of 2014 will receive the scholarship. 

The Stamps Family Charitable Foundation supports hundreds of Stamps Leadership Scholars through partnerships at a number of the nation’s leading universities and colleges. It was founded in 1993 by E. Roe Stamps IV, a private investor and cofounder of the Boston-based private investment company Summit Partners, and his wife Penelope W. Stamps. The scholarships are offered to students who demonstrate leadership, scholarship, perseverance, innovation, and service. In addition to maintaining high academic standards, Stamps Scholars are expected to participate in formalized leadership development, community service, internship, and international travel programs.

“Roe and Penny Stamps have demonstrated both exceptional vision and extraordinary generosity by creating a scholarship program that enables some of the nation’s finest universities to recruit, support, and shape talented and ambitious students into future leaders,” said Chancellor Mark A. Nordenberg. “We are very grateful to partner with the Stamps Foundation to provide this outstanding opportunity for Pitt students.” 

The scholarship’s stipend for educational enrichment can be applied to a variety of initiatives including international travel and study; outdoor leadership programs through Outward Bound or the National Outdoor Leadership School; research, academic, or co-curricular conferences; or internships with nonprofit organizations. Stamps Scholars throughout the country are also encouraged to connect with one another through participation in summer programs, a national convention hosted every other year by a partner university, and social networking via LinkedIn and Facebook.

“We are excited to partner with the University of Pittsburgh to help provide unusually talented students with an exceptional educational experience,” said E. Roe Stamps IV. “Next school year, we will have over 560 of our country’s ‘best and brightest’ as Stamps Leadership Scholars—the University of Pittsburgh’s brilliant young students will be a welcome addition to that group.”

Pitt Stamps Scholars will be selected from Pennsylvania students who have applied to the University by Jan. 15 and who present both strong academic records and demonstrated leadership potential. A separate scholarship application is not required. The scholarship will be funded jointly by the Stamps Foundation and the University. 

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