The Louis V. Gerstner Jr. Scholars program, originally launched in 2020, was renewed in 2024 with a $6 million gift. Former IBM CEO Louis Gerstner '63 H'13, a long-time advocate for education reform, created the program in part because of growing economic inequality in America and the need for leaders from diverse socioeconomic backgrounds in STEM fields. The program supports a cohort of 18 scholars.
The Gerstner Scholars Program admits US residents who are first generation college students with high financial aid need and demonstrated interest in STEM, and who have shown exceptional academic promise in those fields. The program is designed to provide opportunities for students to explore STEM subjects in a liberal arts environment, enhancing their abilities in deep thinking and communication alongside core competencies in their chosen fields.
As a key feature of the program, starting with summer term 2024, all Gerstner Scholars are eligible for experiential learning grants during each of their sophomore, junior and senior years. These grants will empower Gerstner Scholars to pursue on or off-campus research, attend conferences, or support themselves during leave term internships.