GE Careers Blog.

The Ronald Reagan Presidential Foundation and GE announced today the launch of the 2012 GE-Reagan Foundation Scholarship Program. The annual program selects up to 20 recipients to receive a $10,000 scholarship renewable for an additional three years – up to $40,000 total per recipient.

David Schumacher’s high school transcript is full of academic achievements, but it also was Bible study and a sandbox that landed him a four-year, $40,000 scholarship to a college of his choice. Schumacher, 18, was one of 22 students across the country to receive a scholarship through GE and the Ronald Reagan Presidential Foundation.

The GE Foundation Scholar-Leaders program provides financial support and leadership development to talented undergraduate students enrolled in engineering, technology or business management programs in participating countries. The program aims to build the human resources capacity and increase access to post-secondary education in countries where GE is active.

The General Electric (GE) foundation scholar-leaders’ programme identifies talented young people and develops their capacity to help build the human resources in communities where GE is active. The programme strives to facilitate the economic and social development of the countries by broadening access to education and facilitating learning (and leadership skills) in management and business, finance, engineering, technology, and the sciences.

In addition to receiving financial support, successful applicants will join a global network of students and professionals. They will also participate in a special leadership development programme that includes attendance to an all expenses-paid seminar and opportunities to be mentored by a business leader at GE.

The Ronald Reagan Presidential Foundation and GE announced yesterday a partnership supporting the two-year-long celebration for President Reagan’s 100th birthday on February 6, 2011. GE, where Reagan hosted General Electric Theater and served as a goodwill ambassador from 1954 to 1962, will serve as the Presenting Sponsor of the historic Reagan Centennial Celebration.