In the Loop
Twice the Gift
Valero Energy officials announced in September a $2.5 million gift to support graduate students in engineering and business, helping to strengthen the pipeline for leadership in these fields. The gift from Valero Energy Foundation, the charitable arm of Valero Energy Corp., was submitted for matching funds made available by the Texas Legislature through the recently approved Texas Research Incentive Program (TRIP). The gift was Valero’s largest to UTSA.
"It is our hope that these scholarships will help people get a quality education and enable them to work at companies like Valero in the future," said Valero chairman and CEO Bill Klesse. UTSA will establish graduate fellowship funds—each with $1.25 million—in both the College of Engineering and the College of Business. When matched by the State of Texas, each fund will total $2.5 million.
The UTSA College of Business is the largest, most comprehensive business school in South Texas and one of the 40 largest in the nation. The College of Engineering has more than doubled in size in graduate enrollment in the last seven years and has been ranked in the top 10 for two of the past three years in the number of Hispanic engineers produced in the United States.
- David Gabler