April 20, 2011
President Guy Bailey and Chancellor Kent Hance accept the gift from ConocoPhillips representatives.
Texas Tech students will benefit from a $500,000 gift from ConocoPhillips received April 11.
The Edward E. Whitacre Jr. College of Engineering’s ConocoPhillips Academic Success Bridge Program, the ConocoPhillips SPIRIT Scholars program, and the new Rawls College of Business Building Fund are among the programs to receive funds from the gift.
Tom Mathiasmeier, senior vice president, ConocoPhillips Gas & Power, said his company is pleased to announce continued support for Texas Tech.
"I'm proud of the strong relationship between ConocoPhillips and Texas Tech University,” Mathiasmeier said. “Through financial support and program sponsorship, ConocoPhillips is continuing to make a positive impact on students at Texas Tech. Overall, I am very proud to see our strong partnership continue to grow.”
In March 2007, Texas Tech became part of the ConocoPhillips SPIRIT Scholars program, which now includes 266 scholars across nine universities. The SPIRIT Scholars program currently provides educational opportunities to 25 business and engineering students at Texas Tech, who have an interest in pursuing a career in the energy industry. The program was created to represent the core values of ConocoPhillips: Safety, People, Integrity, Responsibility, Innovation and Teamwork.
The ConocoPhillips Academic Success Bridge Program provides academic support services to incoming freshmen engineering students. Bridge program participants interact with engineers, scientists and other technical professionals as they prepare for their future.
Students participating in the program receive study skills training, academic preparation, tutoring, mentoring and other academic support services. After completing the bridge experience, students will have an academic foundation and the confidence to succeed in engineering.
Funds also will go to the construction of the new Rawls College of Business building, which will become the first building on campus to apply to become LEED (Leadership in Energy and Environmental Design) certified.
The Rawls College of Business accounts for about 25 percent of Texas Tech graduates.
The college has a full-time teaching staff of roughly 100 in seven academic areas: accounting; energy, economics and law; finance; health organization management; information systems and quantitative sciences; management; and marketing.
The college offers an accredited weekend MBA for Working Professionals program.