The Simon Foundations in Newport Beach and Chapman University in Orange plan to offer scholarships to four high school students a year to major in science, technology, engineering and math (STEM) disciplines.
The program plans to select four juniors at Orange High School each year based on grade point average and college plans, and provide them with a computer, academic support and research experience. It would then offer a full four-year scholarship covering tuition and room and board at Chapman, or annual scholarships of $16,000 each to attend another college or university.
Full-time tuition and room and board at Chapman was about $58,000 in 2014, according to its website.
Growth in STEM jobs accounts for 80% of the fastest-growing occupations in the U.S., according to Ron Simon, founder of the Simon Foundations.
The program expects to choose 24 Simon Scholars by 2020—16 enrolled in college and eight in high school—with funding commitments of about $1 million a year.