SRC Establishes Endowed Scholarship Program for SUNY Oswego Business, Engineering Students

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SUNY Oswego will offer four new scholarships to Central New York students, thanks to the generosity of a Syracuse-based research and development company.

SRC Inc., which develops solutions for customers in the defense, environment and intelligence industries, established the scholarships to support future STEM and business professionals and to acknowledge the role a vibrant workforce plays in creating a successful Central New York community.

“This leadership gift from one of our most valued and esteemed community partners reinforces what we know to be true,” said Deborah F. Stanley, SUNY Oswego president. “Our students and graduates provide their communities with the intellectual capital, professional expertise and ethical service that they need to thrive. By establishing these scholarships, SRC is investing in the future of not only its prospective employee pool but also in the larger community. We are grateful for their support of our students and our region.”

“SRC knows how important it is to cultivate an interest in STEM and business to be successful,” said Paul Tremont, president and CEO of SRC Inc. “These students will help us and other companies prosper, and we look forward to continuing the relationship with SUNY Oswego and the students.”

SRC’s gift establishes the SRC Inc. School of Business and Engineering Programs Scholarship, an endowed scholarship program for students whose primary residence is in the seven-county Central New York region (Cayuga, Jefferson, Lewis, Madison, Oneida, Onondaga and Oswego) and who meet other applicable criteria.

Two $1,000 scholarships will be awarded annually for four years to incoming first-year School of Business students who have demonstrated high academic achievement in high school and who maintain a 3.0 or higher GPA at SUNY Oswego.

In addition, two $1,000 scholarships will be awarded for a maximum of two years to sophomores or juniors majoring in one of Oswego’s engineering programs who maintain a 3.0 or higher GPA at SUNY Oswego.

This scholarship program builds on an established partnership between SUNY Oswego and SRC. For example, in fall 2014, the college teamed with the company to deliver a customized MBA degree program to SRC employees at its North Syracuse offices. Several of its employees, including James Holland ’82, serve on college advisory boards. SRC has also supported the Genius Environmental Project Olympiad, the Possibility Scholars program and other initiatives.

—Margaret Spillett

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