BUFFALO, N.Y. -- In an effort to stem the migration in recent
years of many young, talented professionals from Western New York,
the Prentice Family Foundation has given a significant gift to help
UB students graduate and establish their careers here in the
The Prentice Family Foundation's Western New York Prosperity
Scholarship Program is designed to help build a highly educated,
innovative and experienced professional workforce prepared to
contribute to the economic growth and sustainability of the area.
These scholarships will enable qualified juniors, seniors and
graduate students in the UB schools of Medicine and Biomedical
Sciences, Engineering and Applied Sciences, and Management to
become better acquainted with career possibilities with the
region's businesses and industries.
More than 20 scholarships are expected to be granted, each with
a maximum award of $25,000. The scholarships will cover students'
unmet costs to attend UB during the academic year and fund summer
internships at leading companies and industries throughout the
"Through this gift, my family hopes to make a multi-generational
impact on Western New York, helping to transform it into a
21st-century knowledge economy," said Bryant H. Prentice III,
president of the Prentice Family Foundation and chairman of the
board of Bryant & Stratton College. "We will reach out to those
students who plan to enter careers that will expand a well-educated
workforce, bringing with them the knowledge, acumen and ambition
necessary to grow our region's economy."
The Western New York Prosperity Scholars will learn how to
navigate the professional arena through participation in
pre-internship preparation-and-placement programs, pre-professional
networking events and career and academic counseling. They also
will receive advice on admission to graduate school.
Provost Satish K. Tripathi noted that the scholarships
demonstrate the Prentice family's commitment to Western New York,
as well as its recognition of UB as a valuable partner in the
"We are absolutely thrilled to receive a gift of this magnitude
for our students," Tripathi said. "Because of this innovative
community-building program, our Western New York Prosperity
Scholars will have the means to contribute to the growth and
sustainability of our region. President Simpson and I, along with
the deans of the schools of management, medicine and engineering,
extend our sincerest thanks and appreciation to the Prentice family
for their generous gift to our UB students."
The 12-month scholarships will provide financial assistance to
qualified UB students studying biomedical sciences, management and
engineering who have demonstrated financial need and have
educational, civic and professional plans that link directly to the
economic growth and prosperity of the region. To be eligible for
these scholarships, undergraduates must be at least junior-level at
the time of the award, have earned a cumulative grade-point average
of 3.0 or higher and have a demonstrated financial need via
submission of the FAFSA form. Graduate students must be in
excellent academic standing and have a demonstrated financial need
via submission of the FAFSA form.
Applications must be submitted by May 1. For more information,
go to http://wnyprosperityscholars.buffalo.edu/.
The University at Buffalo is a premier research-intensive public
university, a flagship institution in the State University of New
York system that is its largest and most comprehensive campus. UB's
more than 28,000 students pursue their academic interests through
more than 300 undergraduate, graduate and professional degree
programs. Founded in 1846, the University at Buffalo is a member of
the Association of American Universities.