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Roy Robert Edward Stanley [1] is a British based entrepreneur and businessman, and chairman of two AIM listed companies, the Tanfield Group, makers of electric vehicles, and Optare, a bus manufacturer. Stanley founded Tanfield in 1996 [2] and developed it into the world's largest manufacturer of commercial electric vehicles. [1]
A scholarship is defined as a grant or payment made to support a student's education, awarded on the basis of academic or other distinction. [1] "Scholarship" has a different meaning in the United States than it does in other countries, with the partial exception of Canada. Outside the U.S., scholarship is any type of monetary award to fund ...
The Morehead-Cain Scholarship (originally the Morehead Scholarship) was the first merit scholarship program established in the United States. [1] [2] [better source needed] It was founded at the University of North Carolina at Chapel Hill in 1951 and was named for its benefactors, John Motley Morehead III and the Gordon and Mary Cain Foundation. [2]
A young man (in bowtie) receives a scholarship at a ceremony. A scholarship is a form of financial aid awarded to students for further education.Generally, scholarships are awarded based on a set of criteria such as academic merit, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience.
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Participation in SMPY is voluntary for students who attain eligible scores. After the first year, Stanley decided to include students with exceptional scores in either the mathematics or verbal test sections, for inclusion in what is called the Study of Exceptional Talent, [1] the name SMPY was retained for the follow-up surveys. [2]
This brought the scholarship to its final value of $6,000 over four years. [1] To pay for the over 27,000 scholars supported by the program, appropriations for the program were nearly $40,000,000 annually. [2] Funding for the scholarship was eliminated for the 2011–2012 school year.