Stamps Foundation adds 5 to USC Carolina Scholars
COLUMBIA, S.C. (AP) _ There will be five additional Carolina Scholars at the University of South Carolina thanks to a gift from the Stamps Family Charitable Foundation.
University spokeswoman Megan Sexton says Wednesday's announcement means 25 freshmen will enjoy a $10,000 annual scholarship over a four-year period. Each student will also receive $8,000 to pay for such things as study abroad programs, internships and undergraduate research projects.
Sexton says the Stamps Foundation pays for half of the five scholarships and the remainder is paid by matching funds. The Carolina Scholars program is the one of the university's most prestigious and is meant to keep the state's most academically talented students in the state.
The Stamps Foundation was founded by Penny and E. Roe Stamps IV of Miami.
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