Plan II alumnus, Stuart Stedman, gives $1 million to benefit the Plan II Honors Program and the Department of History
Posted: February 27, 2011
On Monday, February 28, The University is announced a $1 million gift from Stuart Stedman, president of Stedman West Interests Inc., an investment company, to UT's College of Liberal Arts. Half will go toward a Plan II Honors Program scholarship fund, and the other half toward the department of history.
The Stuart W. Stedman 40 Acres Scholarship for Plan II, designated for students from Texas, will be a full ride, covering tuition and fees, textbooks and living expenses for up to five years. Stedman says: "Plan II made me an educated person in the most well rounded sense. I owe a big debt to Plan II. So doing something significant for the program has always been on my list of things I wanted to accomplish in life."
Half of Stedman's gift will be used to create the Stuart W. Stedman 40 Acres Scholarship for Plan II. Established by the Texas Exes, 40 Acres Scholarships pay full tuition, fees, textbook costs and living expenses for up to five years for top students entering the university. The Stedman scholarship will be reserved for students from Texas who have been admitted to the highly selective program.
"To see a graduate who values his Plan II education in this way and wants to provide a similar experience for another student demonstrates the validity and power of our Plan II community," said Plan II Director Michael Stoff, the Fellow of Hayden W. Head Regents Chair in the Plan II Honors Program in History. "For Stuart Stedman to pay back the program in this way is heartwarming."