Published Jan. 24, 2013
The program is University of South Carolina’s top in-state scholarship, according to a news release.
The gift will allow the university to expand the pool of Carolina Scholars freshman recipients by five, bringing the total number to 25 a year, starting in 2013-14.
The additional five recipients will be Stamps Carolina Scholars, and will receive a $10,000 annual scholarship for four years, plus an enrichment fund of $8,000 to use for endeavors such as study abroad, leadership scholar projects, internships and undergraduate research.
The Stamps Family Charitable Foundation will pay for half of the five scholarships, with other donors providing matching funds.
The foundation, founded by Penny and E. Roe Stamps IV of Miami, selected USC as its newest partner in offering scholarship opportunities to incoming freshmen. It partners with 33 universities and supports nearly 300 students. This year's 120 new Stamps Scholars were chosen from more than 160,000 applications across the country.
Stamps Carolina Scholars will be recruited and selected through the same process USC uses for its Carolina Scholars program, with the addition of an interview with Roe Stamps. USC will nominate up to 10 candidates and submit the names and application materials to the Stamps Family Charitable Foundation. The final selection of recipients will be determined by the foundation.
The students will become part of the university’s Carolina Scholars program, which has expanded from nine students in the first year in 1969 to more than 80 on campus today. Carolina Scholars receive automatic entrance into the South Carolina Honors College.