Exelon Generation Helps Fund New Building, Scholarships and STEM Programs at University of Illinois-Chicago – MarketWatch
300,000 signature donation to benefit aspiring Illinois scientists, engineers and innovators as UIC enrollment surges Heading link
Exelon Generation is granting $300,000 over five years to the University of Illinois-Chicago to attract and develop the next generation of Illinois engineers and scientists. The grant will fund UIC scholarships, help underwrite construction of a new computer sciences building by 2021, and continue a summer program to help qualified high school students from underserved Chicago communities prepare for college-level engineering courses.
“Our enrollment has doubled since 2005, and we expect it to increase by another 50 percent by 2025,” said Peter Nelson, dean of UIC’s College of Engineering. “Exelon’s generous gift will significantly help us to continue to provide access to excellence for future engineering students.”
Exelon Generation is fulfilling a prior $50,000 pledge and will provide an additional $250,000 in contributions over the next five years.