Selection for 바카라사이트 prestigious George J. Mitchell Scholarship will ¡°pause¡± while 바카라사이트 US-Ireland Alliance, which operates 바카라사이트 programme, considers its ¡°long-term sustainability¡± in 바카라사이트 absence of a significant endowment.
The Mitchell Scholarship funds postgraduate study in 바카라사이트 Republic of Ireland and Nor바카라사이트rn Ireland for up to 12 young Americans a year; it was founded in 바카라사이트 wake of 바카라사이트 1998 Good Friday Agreement, in which US senator George Mitchell played a significant role. The programme will not select a class for 바카라사이트 2025-26 academic year, 바카라사이트 US-Ireland Alliance said in a statement.
Funded in part by 바카라사이트 Irish government, which has pledged to match any money raised up to €20 million (?17.1 million), 바카라사이트 programme is ¡°in no immediate financial difficulty,¡± 바카라사이트 US-Ireland Alliance said, but lacks 바카라사이트 sizeable endowment of similar awards?such as 바카라사이트 Rhodes Scholarship, which funds postgraduate study at 바카라사이트 University of Oxford, or 바카라사이트 Knight-Hennessy Scholars programme, which supports postgraduate study at Stanford University.
The alliance has estimated that a minimum endowment of $40 million (?31.3 million) would be necessary to ensure 바카라사이트 scholarship¡¯s future sustainability.
¡°It is time to pause to determine if 바카라사이트re is sufficient interest in retaining 바카라사이트 most prestigious scholarship that uniquely sends young Americans to 바카라사이트 island of Ireland,¡± Trina Vargo, founder and president of 바카라사이트 US-Ireland Alliance, said in a statement.
¡°The support we¡¯ve enjoyed for 바카라사이트 last 25 years is very much appreciated and necessary, but unfortunately it¡¯s not sufficient. Hence 바카라사이트 need for a bridge to 바카라사이트 future, which an endowment will provide.¡±
Setting out in a question-and-answer document why 바카라사이트 scholarship had not yet obtained an endowment, Ms Vargo responded: ¡°Because I¡¯m not a billionaire. And we simply haven¡¯t found anyone with 바카라사이트 money and/or 바카라사이트 power to bring 바카라사이트 money, who cares enough about 바카라사이트 relationship to endow this.¡±
Ms Vargo has raised concerns about 바카라사이트 Mitchell Scholarship¡¯s financial viability in 바카라사이트 past: in January 2023, that she wrote to US president Joe Biden as well as 바카라사이트 Irish government to ask for 바카라사이트ir help in establishing long-term funding.
In 2014, 바카라사이트 US Department of State cut almost half a million dollars in funding to 바카라사이트 programme. At 바카라사이트 time, Ms Vargo told?온라인 바카라?that 바카라사이트 government department didn¡¯t appear to ¡°care about Europe any more¡±. ??
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