Thanks to Chevy Chase Bank, a long-time supporter of the University
of Maryland and the Smith School, a number of Smith students will be
able to obtain an education and opportunities that otherwise might
not be within reach. Chevy Chase Bank has generously provided a $2
million gift to create annual scholarships and support internship
programs starting this fall.
The scholarships will be targeted toward students
with demonstrated financial need and good academic standing that
have transferred from Montgomery College. A quarter, or $500,000, of
Chevy Chase Bank’s gift will support the Chevy Chase Leadership
Interns Program, a joint program and course offering from the
University of Maryland Career Center and the Office of Campus
Programs that focuses on personal development and understanding
organizations and complex systems to prepare students for leadership
in the work force.
“This gift will help the University of Maryland
realize two key goals,” said Maryland President C.D. Mote Jr. “One
is to continue to improve financial assistance for students who need
it. The second is to improve access to university programs for
students from Montgomery County. We are very grateful to Chevy Chase
Bank for its leadership.”
“Chevy Chase Bank was founded, and is
headquartered in Montgomery County. Our gift is part of an ongoing
mission to support the residents of Montgomery County – and that
includes helping members of our community gain access to the best
educational and career opportunities possible,” said B. Francis Saul
II, chief executive officer of Chevy Chase Bank.
Chevy Chase Bank has a long history of support
and involvement with both the Smith School and the University of
Maryland. A previous gift of $500,000 to the Smith School in 1998
went to the creation of the Chevy Chase Bank MBA Fellowship.
By Angela Toda