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Thursday, June 18, 2009

Egypt endows $18M engineering fellowship at MIT

By Brendan Lynch

MIT reports it has launched a fellowship program to help students from Egypt study engineering and other subjects at MIT.

The fellowship has been established by an endowment of $18 million from the Arab Republic of Egypt to help qualified Egyptians pursue graduate studies at MIT.

Egyptian Minister of Finance Youssef Boutros-Ghali, who received his PhD in economics from MIT in 1981, signed the agreement in Cairo with MIT president Susan Hockfield earlier this week. Boutros-Ghali said the fellowship was important to help train a new generation of Egyptian engineers.

The Egypt fellowships will be administered by Steven Lerman, vice chancellor and dean for graduate education, through the Office of the Dean for Graduate Education.

The fellowship will support up to 10 master’s and doctoral students in engineering and other disciplines. The Egyptian government has begun searching for Egyptian students to serve as the inaugural fellows, according to MIT.

Earlier this month, Avidyne Corp. donated $60,000 fellowships to two students who will do their graduate studies at the MIT Department of Aeronautics and Astronautics.

The fellowship recipients also have first consideration to be hired by Avidyne for paid summer internships during their studies, and for permanent positions upon graduation. Recipients were chosen by the faculty of the MIT Aero/Astro during the graduate admissions process.

The Avidyne Graduate Fellowships were established in 2008 by MIT alumnus and Avidyne president Dan Schwinn.

In February, MIT received a gift of $4.5 million from 1958 alum Jim Simons and Marilyn Simons, as well as the Simons Foundation, to create the Simons Initiative on Autism and the Brain at the school.

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