The Knight-Hennessy Scholars program has chosen its pioneering cohort of 49 students, according to a Stanford News report released Thursday.
The Board of Trustees met this week to approve the University’s budget, move forward with four building projects and celebrate outgoing President John Hennessy and his wife Andrea Hennessy’s joint contributions to Stanford over the past 15 years.
University President John Hennessy gave his farewell address to Academic Council on Thursday afternoon, describing what Stanford has accomplished during the past 16 years under his tenure as president. More specifically, Hennessy focused on Stanford’s expansion of financial aid, transformation of on-campus facilities, and future initiatives to which he looking forward.
Although Academic Council meetings usually focus on what the University and Faculty Senate have accomplished during the past year, Thursday’s meeting mainly focused upon Hennessy’s upcoming departure from presidency at the end of this academic year.
Stanford is announcing the launch of a new graduate scholars program and associated $750 million endowment. The Knight-Hennessy scholars program will be analogous to the Rhodes and Schwarzman scholarships, aiming to attract the world’s most talented graduate students to Stanford for studies across the University’s seven schools.