CSU Receives $53 Million for College of Engineering

CSU Receives $53 Million for College of Engineering

has announced a $53.3 million gift from alumnus Walter Scott, Jr. in support of programs in its .

A significant portion of the gift will expand the previously established Walter Scott, Jr. Scholarship Program, which provides renewable merit scholarships for up to eighty undergraduates — and fellowships for up to thirty graduate students — with outstanding academic qualifications. The gift also will be used to establish Presidential Chairs in water, health, energy, and environment, support the infrastructure and labs needed to promote research and attract top-tier faculty, and provide discretionary funds for strategic initiatives and the creation of leadership programs that support innovation and excellence across the college. In recognition of largest gift ever to CSU, the college will be renamed after Scott.

A 1953 graduate of what was then known as Colorado A&M, Scott earned a bachelor's degree in civil engineering before embarking on a long career with contracting firm Longtime supporters of the university and its engineering school, Scott and his late wife, Suzanne, provided a leadership gift for the Suzanne and Walter Scott, Jr. Bioengineering Building, which was completed in 2015.

"We are humbled and incredibly grateful for this remarkable gift from Walter Scott," said CSU president Tony Frank. "Walter has been a passionate and generous supporter of CSU since he graduated more than sixty years ago, and this gift is truly transformational. It will allow the Walter Scott, Jr. College of Engineering to attract and support the finest faculty and students for years to come."

"." Colorado State University Press Release 11/15/2016.