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The Independent UK
The Independent UK
National
Thalia Beaty

Rales Foundation bets big on Carnegie Mellon STEM students

Copyright 2019 The Associated Press. All rights reserved.

Carnegie Mellon University and the Norman and Ruth Rales Foundation, named for a home-building supplies entrepreneur and his wife who built their fortune despite early struggles, hope a $150 million initiative will support a new generation of students trying to achieve that American dream.

The foundation pledged $116 million Wednesday, in addition to $34 million from CMU, to endow scholarships for graduate students studying STEM from groups underrepresented in the fields, including racial minorities, women and first-generation college students.

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