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The University of Texas at Dallas
On Cultural Enrichment On Community Involvement On International Experience On Service Eugene McDermott, co-founder of Texas Instruments, believed that the best human talent, provided with the best education and enriched with a love and understanding of the arts, was the essential foundation of both business success and societal progress. Mrs. Margaret McDermott established The Eugene McDermott Scholars Program Endowment at The University of Texas at Dallas in September 2000 in honor of her late husband's dream for the University and the region and in honor of his deep conviction about the vital importance of educated minds. The Eugene McDermott Scholars Program recruits some of the world's best students and provides them with an education in science, technology, management, the liberal arts, and culture that is second to none. This Program is designed to equip each Scholar with the skills, experience, and confidence to succeed as leaders in every dimension of life. McDermott Scholars are selected on their promise of being leaders for Dallas, the United States, and the world community during the 21st Century. The McDermott Scholars award covers all expenses of a four-year academic education at The University of Dallas, in concert with a diverse array of intensive extracurricular experiences, including internships, travel and cultural enrichment. The $32 million gift that established this endowment is invested in the Long Term Fund. The endowment distributed $1.4 million for the year ended August 31, 2003 to support the 53 McDermott Scholars currently enrolled. |
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