Article

Sloan Scholarships

October 1954
Article
Sloan Scholarships
October 1954

AMONG the twenty National Scholars in the freshman class this fall, six are holders of Alfred P. Sloan National Scholarships, newly established grants which have been made possible at Dartmouth by funds given by the Alfred P. Sloan Foundation. The Sloan Scholarships are administered on the same basis as the Daniel Webster National Scholarships, with which they rank as the largest and most coveted scholarship awards made by the College.

After two years' experience with a scholarship program in four of America's schools of technology, the Sloan Foundation announced this summer that it had extended the program to include seven institutions with curricula in the liberal arts and sciences. In the latter group, along with Dartmouth, are Albion, Amherst, Oberlin, Stanford, Wabash and Williams. Dartmouth and Stanford admitted their first Sloan Scholars this fall; the other five liberal arts colleges will begin the program in 1955. Next fall Dartmouth's quota of Sloan Scholars will be increased to seven, and this number of grants will be made for each succeeding class.

The Alfred P. Sloan National Scholarships are named for Alfred P. Sloan Jr., president of the Foundation and board chairman of the General Motors Corporation. Annual stipends, based upon need, range from a minimum "prize" award of $200 to a maximum grant of $2,000 and may be renewed to cover the four-year college period. Although the Sloan Foundation provides the funds for these scholarships and will assist in publicizing them among the nation's secondary schools, the participating institutions have responsibility for administering the entire project. The Foundation's general objective is to aid "the young man who possesses those qualities of mind and spirit that distinguish the potential leader," and criteria for selecting Sloan Scholars will conform to this purpose. The national scholarship project will become one of the Sloan Foundation's major interests in the years ahead, with a net outlay each year of approximately $350,000.