MIT Alumni Association Annual Fund Leadership Programs Massachusetts Institute of Technology 600 Memorial Drive, W98-1st floor Cambridge, Massachusetts 02139-4822 ph: 617-253-8242 f: 617-258-7886 http://alum.mit.edu November 2013 Dear Class of 1957, As autumn is in full splendor in Cambridge and MIT’s campus is as vibrant as ever, I am pleased to share an update on the Class of 1957 Endowed Scholarship Fund. Today’s students are eager to learn, collaborate, be challenged, and effect positive change, and they fully embrace the mens et manus tradition. At the same time, they express deep gratitude for the opportunity to be here—an opportunity afforded in large part by donors like you. By supporting undergraduate scholarships, you ensure the Institute’s ability to remain a meritocracy, where financial constraints are no obstacle for those who earn admission to MIT. The following pages provide a glimpse into the truly remarkable impact of your fund. Your generosity is transformative in both the financial support it provides today, as well as by demonstrating the importance of philanthropy to those who will one day be alumni themselves. As you well know, our students are among the brightest and most talented in the world, and they face many challenges and pressures during their time on campus. By supporting undergraduate scholarships, you afford students the opportunity to focus on their studies and activities, not the financial burden. At the same time, you demonstrate to them the importance of philanthropy. On behalf of the Alumni Association and MIT, I thank the alumni and friends who contribute to this fund, and the leadership who made this endowment a fundraising priority. If you have any questions, please do not hesitate to contact me. Sincerely, Beth McGonagle Director of Donor Relations and Stewardship, MIT Annual Fund Enclosures Class of 1957 Endowed Scholarship Fund Jesse N. Orlowski 2016 San Diego, California Mathematics major Sophomore Jesse Orlowski continues as a Class of 1957 Scholar. Below he shares with you some of his interests and activities. MIT ACTIVITIES STUDENT GOVERNMENT I am the rooming assignment chair for Simmons Hall. SUMMER ACTIVITIES I participated in the Undergraduate Research Opportunities Program (UROP) as a research assistant in Jeff Gore's lab over the summer studying bacteria growth with regards to game theory. It was a great experience that taught me a ton about both the specific research and just lab culture in general. CAREER PLANS I'd like to pursue a career in finance or trading, but I honestly have no idea! I'd love a job that allows me to use my quick-thinking skills and personality. MY TIME AT MIT MIT has definitely taught me a lot about value. The value that all of us have. The value of friends. The value of hard work. I've learned these things sometimes by making mistakes, but MIT has also taught me it's okay to make mistakes. I firmly believe I am in a much better mental state because of MIT than I would be without it. The people at MIT are amazing. I am constantly blown away by the humility, diversity, and dedication found in my fellow students. MIT is a place where I can feel surrounded by dozens of unique, upstanding cultures, each one ready to offer a bit for me to take away. The people are a huge part of this. THANK YOU I can't give enough thanks--MIT has truly shaped my life in the year plus I have been here and I cannot wait for the remainder of my time here. Know it's impossible for me to be here without financial aid, and know I am truly, truly, 100 percent grateful. Massachusetts Institute of Technology 2013-2014 SCHOLARSHIP PROFILE Class of 1957 Endowed Scholarship Fund Jenny H. Van 2014 Fort Smith, Arkansas Biological Engineering major Senior Jenny Van continues as a Class of 1957 Scholar. Jenny is a first generation college student. Below she shares with you some of her interests and activities. MIT ACTIVITIES COMMUNITY SERVICE For as long as I can remember, I have dedicated a majority of my time to serving the community. I truly believe that philanthropy has the biggest impact when administered to the local community, and even though it can be challenging to find time to serve the community, it's so imperative that I do so to stay grounded. While at MIT, I have been able to find time on the weekends to serve as a tutor to underprivileged but motivated elementary and high school students. For the past two semesters, I have had the opportunity to tutor and mentor classes of high school students to prepare them for the SAT as part of the Academic Teaching Initiative at MIT. ACADEMIC/RESEARCH INTERESTS My first Undergraduate Research Opportunities Program (UROP) was in the Guarente Lab at MIT during part of my freshman and sophomore years. It was a course 7 lab that studied the mechanisms of aging via a family of proteins called Sirtuins. I found that I really loved working in a lab environment, however, I thought I needed to focus on my academics, so I left the lab in the middle of my sophomore year. Now as a rising senior, I missed doing research so much that I joined the Irvine lab as a UROP. I'm so happy to be back in lab and contributing my ideas and time to creatively solve problems in bioengineering. I'm currently co-president of both the Biological Engineering Undergraduate Board (BEUB) and the Biological Engineering-Biomedical Engineering Society (BE-BMES). The Undergraduate Board is dedicated to promoting cohesion and camaraderie among the BE students by organizing events solely for the major. BEBMES aims to recognize and celebrate students' achievements in the major as well as to promote and disseminate BE-related opportunities to students. In both organizations, I am responsible for initiating new events and overseeing all programs we run while also acting as the liaison between students and the faculty and administration. As a student in the Department of Biological Engineering, I am interested in innovating and improving the lives of those who are affected by infections and diseases. I want to create novel therapeutics that are more cost-effective, efficient, and widely available. I am currently working in a lab at MIT that focuses on the immune system such as improving vaccines, optimizing vaccination administration, etc. However, I am also interested in the public policy behind the health care system. If I am developing novel medicines to cure the ailments of our aging baby boomers, I also want it to be made available to those who need it without a muddled and expensive process full of red tape. I plan on completing a concentration in economics, and this has really piqued my interest in the politics behind health care and medicine, especially in light of the Obama Administration's plans for Obamacare. This also aligns with the research I perform at the Center for Biomedical Innovation. Some of their research involves the economics behind biomedical innovation, and I would love to explore this field more. Continued Massachusetts Institute of Technology 2013-2014 SCHOLARSHIP PROFILE OTHER At the beginning of Summer 2013, I also began working at the Center for Biomedical Innovation at MIT as a research assistant. I have been helping CBI prepare for a conference on standards setting in the life sciences by researching literature and analyzing the impact established organizations have had on their field. SUMMER ACTIVITIES I am currently UROPing in the Irvine Lab as well as performing research at the Center for Biomedical Innovation. CAREER PLANS I love doing research in bioengineering, and I plan on continuing to do this whether it is in academia or industry. I'm still considering if I want to continue my education and pursue a PhD. MY TIME AT MIT The night that I received my brass rat was probably the most memorable for me. It was a glamorous night full of classy elegance and scrumptious hor d'ourves. My entire class was gathered together in anticipation and excitement to receive our brass rats, a symbol of our affiliation, pride, and love for the institute. The atmosphere and significance of the event is one that I will never forget. As a student in the school of engineering, I can honestly say that MIT has really taught me how to think. When I encounter problems in lab or even in life in general, I approach them at a multitude at angles and try to apply a multidisciplinary thought process to best resolve the issue. I love when tools or ideas cross boundaries and are used in unexpected ways. MIT has facilitated this process by teaching me that thinking outside of the box is the best way to augment innovation and creativity. I plan on carrying this skill with me for the rest of my life, including utilizing it in my career as a scientist. THANK YOU Sometimes at MIT, under the stress of psets and exams, it's easy to forget what an amazing opportunity we are exposed to. When I'm feeling overwhelmed with everything the Institute throws at me, all it takes is the eager expression of a child in one of the numerous tourist groups that roam MIT's campus to remind me just how lucky I am to be here. The pure joy and excitement on a prospective student's face reminds me that kids dream of attending MIT from a very young age and I am one of the lucky few in the world that will be able to experience everything it has to offer. It is a gentle reminder that I am extremely privileged to be able to attend a world-renowned university and only with the help of extremely generous donors like you. Thank you so much for not allowing my socio-economic status to define me and for giving me the opportunity to attend MIT. I have truly found paradise. Massachusetts Institute of Technology 2013-2014 SCHOLARSHIP PROFILE SUPPORTING MERITOCRACY: BY THE NUMBERS MIT is a true meritocracy, admitting the best and brightest students regardless of their financial circumstances and awarding financial aid solely on the basis of need. The full cost of an MIT education—tuition and fees; room and board; books, supplies, and personal expenses; and average travel allowance—now surpasses $59,000 a year. Resources are needed to ensure that an MIT education remains accessible to all talented young people. Your gifts to scholarships at MIT make dreams possible. Students come here to make an enduring impact on the world. With your support, they will surely succeed. Class of 2017 Profile Financial Aid at MIT 18,989Applicants 1,548 Students admitted 8.2 % Admission rate 1,116 Students enrolled 72% Enrollment yield 55%Men 45%Women 8% International students 48 States represented 52 Countries represented 16% First-generation students 67% Students who attended public high school 41%Valedictorians* 92% Students in top 5% of their class* 723 Mean SAT I verbal score 769 Mean SAT I math score $43,498 90% 58% 32% $33,697 41% $17,891 65% $3,058 * Excluding unranked students. All financial aid statistics based on 2012-2013 academic year. MIT 2013-2014 tuition and fees MIT undergraduates receiving some form of financial aid MIT undergraduates awarded an MIT scholarship MIT undergraduates whose need is great enough that they rely on financial aid to pay their full tuition Average MIT scholarship MIT Class of 2013 graduates with student loan debt Average student loan debt at graduation for Class of 2013 MIT undergraduates who work term-time Average term-time earnings As of October 18, 2013 Massachusetts Institute of Technology