Albert P. Carey ’74, a long-time executive at PepsiCo, knew he wanted to give back when he committed $1 million to the Maryland Promise program. He currently supports 13 Smith School Maryland Promise scholars through the Albert P. and Victoria V. Carey Maryland Promise Scholarship.
The scholarships are matched dollar-for-dollar by the A. James & Alice B. Clark Foundation and the University of Maryland. Carey himself came to the university on an athletic scholarship. He knew that many students have the grit and drive needed to succeed at Maryland, but lack the financial means to attend. “I feel grateful; therefore, I want to pay it back,” says Carey.
As part of the Maryland Promise Scholarship Program, need-based scholarships are provided to high-performing undergraduate freshmen and transfer students from the state of Maryland and the District of Columbia. “They come with a dream. I hope the university unlocks the opportunity for them to achieve their dream, but really I hope they exceed their dream,” says Carey. “And then when they’re successful, I hope they come back and do something similar.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.