Stephen A. Schwarzman Scholars Program in China Announced

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Summaries

Summary Sentence:

Stephen A. Schwarzman announces the Schwarzman Scholarship Program in China.

Full Summary:

Stephen A. Schwarzman, American financier, announces the creation of the Schwarzman Scholars Program in China. The $300 million endowment, anticipated to rival the Rhodes Scholarship, will be housed at Tsinghua University in Beijing. Beginning in 2016, 200 students annually, will receive funding for a one-year masters program to study public policy, economics and business, international relations, or engineering.

American financier, Stephan A. Schwarzman recently unveiled plans for the Schwarzman Scholars Program, to be housed at Tsinghua University in Beijing. Schwarzman, along with other private donors, will support an endowment of $300 million, anticipated to rival the prestigious Rhodes Scholarship. In a press release, Schwarzman explained, "While the 20th century was defined by U.S. ties to Europe, there is no question that the nature of China's international relationships will play at least as important a role in this century." Speaking in Beijing, Schwarzman continued by saying, "China is no long an elective course, it's core curriculum."

The $300 million endowment will allow 200 students each year to take part in a one-year masters program at Tsinghua University, all expenses paid, in public policy, economics and business, international relations, or engineering, beginning in 2016. Students will hail predominately from the United States, but also from Europe, South Korea, Japan, India, and other countries. 


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Office of International Education

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Education
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Keywords
Scholars, Schwarzman, Tsinghua University
Status
  • Created By: Jaclyn Overall
  • Workflow Status: Published
  • Created On: Apr 23, 2013 - 11:28am
  • Last Updated: Oct 7, 2016 - 11:14pm