Dresser-Rand Scholarship Fund Increased

In May of 2007 Dresser-Rand of Wellsville established the Dresser-Rand Scholarship Fund through the Allegany County Area Foundation. Since its inception two or more $2,000 scholarships have been awarded each year from this fund. On Monday David Scarr, Human Resources Manager of Dresser-Rand in Wellsville, presented a check to the Allegany County Area Foundation for an additional $25,000 to support their scholarship endowment fund.

The Dresser-Rand scholarships are available for children, stepchildren, grandchildren and spouses of employees or retirees of Dresser-Rand in Wellsville. They are awarded on the basis of financial need and academic performance and selected by the Scholarship Committee of the Allegany County Area Foundation. Preference is given to those applicants who are pursuing a technical, business or manufacturing-related course of study. The scholarships are awarded on a one-year basis, but may be renewed by re-applying each year. While not guaranteed, preference will be given to awardees that show continued positive progress towards completion of their course of study.

Eligible students may apply for the Dresser-Rand scholarships online beginning in January at : www.alleganycountyareafoundation.org  . The deadline for the applications will soon be posted on the same web site. The award winners will be announced in May/June at the Allegany County Area Foundation’s annual Scholarship Reception.

“We are very pleased to support the Allegany County Area Foundation scholarship endowment fund. This gift is consistent with Dresser-Rand’s objectives to foster education in the communities in which we work, live, and operate.” said David Scarr of Dresser-Rand. ‘We hope that those individuals who are eligible to apply will take full advantage of this opportunity to enhance their education.”

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