Park Scholars Programs
The provision of scholarships to highly qualified students at North Carolina State University and Ithaca College was a longstanding interest of Roy H. Park Sr., a tradition that the Foundation continues today. In the two decades since it began the Scholars Programs, the Foundation has provided grant support totaling over $125 million dollars. These scholarship grants underwrite four-year commitments that currently total about $6.5 million per year.
North Carolina State University [logo]
The NCSU Park Scholars program supports nearly 40 new scholarships each year, and its roster of current scholars and alumni is nearing 1,000. Recipients are selected by NCSU through national recruitment and a rigorous review process that includes on-campus interviews of finalists. Those selected have demonstrated achievement and potential in four key areas: scholarship, leadership, service and character. The grants cover tuition and fees, room and board, books and supplies, a computer stipend and living expenses. The scholars represent a wide array of majors across the entire university, including business, engineering, the humanities, public administration and the sciences.
Program enhancements include enrichment grants, specialized faculty mentoring, retreats, and leadership learning and myriad civic engagement opportunities.
In 2013, Park Foundation established an endowment for the NCSU Scholars program with an initial gift of $10 million. Significant elements of this endowment include the University’s commitment to invest the endowment in a socially responsible fashion, and its commitment to raise an additional $50 million as part of its current capital campaign.
For a five-minute video on the NCSU Park Scholars Program click https://park.ncsu.edu/park-scholarships-endowment/.
Ithaca College [logo]
The Park Scholars Program at Ithaca College targets outstanding students entering the Roy H. Park School of Communications. Nearly 300 students have joined the Scholars program since its inception, studying the full range of communications majors including cinema, documentaries, emerging media, TV-Radio, journalism, management and marketing. Scholars are encouraged and trained to use the power of mass communication to make a positive impact on the world. In a typical year, the program supports a total of fifty or more students with commitments to cover the entire cost of attendance: tuition, room and board, books and supplies, and stipends for a computer and living expenses. One feature of the program is the “rising juniors” opportunity for meritorious students to receive a scholarship for the final two years of their undergraduate degree.
Program enhancements include multiple opportunities for community engagement, leadership, and service training for participation locally, nationally and globally. Park Scholar alumni live, work and serve across the nation from New England to the Pacific Northwest, from Florida to Texas to California.
In 2014, Park Foundation established an endowment for the program with an initial gift of $5 million. Similar to the NCSU endowment, Ithaca College has committed to investing this endowment in a socially responsible fashion.