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» News > Education, IIT > 2 Million Raised to Establish Collens Scholarship Program
Illinois Institute of Technology (IIT) has established the Collens Scholarship Program to benefit Chicago Public School students entering IIT, in honor of Lew Collens, who is retiring after 17 years as president of the university.
At a dinner honoring Collens, $2 million was raised to begin the program, which was announced last November. Beginning this fall, the Collens Scholarship is available to any Chicago Public School graduate who meets IITs rigorous academic standards and whose family has an annual income of less than $40,000. The scholarship provides for all tuition, books and fees.
“The Collens Scholarship is an expression of the IIT mission to transform lives, and a fitting tribute to Lew, who rescued and transformed IIT,” said John W. Rowe, chairman, president and chief executive officer of Exelon Corporation and Chairman of IITs Board of Trustees. “It honors the spirit of Philip Armour, when he founded the Armour Institute to serve children of the citys working class in 1890.”
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