Chevron Corp. has made a donation of $800,000 to The University of Texas at Austin. The gift represents the company's investment in the university for the coming academic year. Among the things the gift will support are undergraduate scholarships and graduate fellowships, student organizations and activities, and laboratory renovations.
"Chevron has enjoyed a longstanding relationship with The University of Texas and is proud to support the university through our University Partnership Program," said Paul Siegele, Chevron's Energy Technology Company president. "Our gift will help deserving students, support student organizations and build labs to further enhance the great education students get at UT."
The majority of the funding was allocated to support students in the McCombs School of Business, Cockrell School of Engineering and Jackson School of Geosciences, the primary areas from which Chevron recruits employees.
"Longhorn students have the reputation of being incredibly creative and well prepared to enter the workplace," Siegele said. "Our partnership with Texas is a key part of Chevron's efforts to hire top-quality graduates to help us meet energy demands around the world."
Including its latest contribution, Chevron's cumulative philanthropic giving to the university stands at more than $51.1 million.