Franklin Scholarship Awarded to 20 Students
|Franklin scholars pose with President Waterbury
and Ambassador Feltman (center)
Twenty outstanding AUB students have been awarded the newly-established
need- and merit-based Franklin Scholarship, which is funded by the United
States Agency for International Development (USAID). President John Waterbury
announced the names of the students on October 30 in West Hall in the
presence of American Ambassador Jeffrey Feltman.
The Franklin Scholarship, which was initiated by AUB with funding from
the USAID, will cover tuition fees for a total of twenty needy students
during their entire study period at AUB, provided they maintain an 85
percent average. New Franklin scholars will be named as soon as old ones
are graduated, to maintain the total number of scholarship recipients
per year at twenty.
The scholarship takes its name after Benjamin Franklin (1706-1790), a
celebrated American scientist, inventor, political philosopher, journalist,
and diplomat, who made significant contributions to science and learning.
He was also one of the most important founding fathers of the United States
and a drafter of the Declaration of Independence.
"We are proud to be a partner with AUB in this scholarship,"
Feltman said, adding that the US Government is providing financial aid
to more than 900 students at AUB. Since 1996, the US has been giving AUB
about $5 to 7 million annually, most of which is used on financial aid.