A $4,000 scholarship to be awarded at the rate of $1,000 per year has been established at the Israel Institute of Technology, by Harry F. Fischbach of New York, in memory of his wife’s father, the late Rabbi Herss Kaufmann, it was announced here today. The student will be selected by the Academic Awards Committee of the Technion on the basis of need and academic standing.
This is the largest single scholarship ever made available at the Technion. Authorities of the Institute expressed the hope that it might set a precedent for similar awards designed to assist needy students preparing themselves for careers of service to Israel in the fields of engineering, technology and applied science. Mr. Fischbach contributed several large gifts to the Technion previously, making possible the erection of the new Electrical Engineering Building which bears his name at Technion City on Mount Carmel.
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