The late Samuel Brandt ’50 bequeathed $1.5 million to the School of Business creating an endowed scholarship in his name. Brandt rose from humble beginnings on a farm outside of New Haven, where his family would take ice from a lake and sell it to merchants in the days before refrigeration. He and his sister were raised by immigrant parents (his mother from Russia; his father from Lithuania). Brandt graduated from UConn in 1950 with a degree in finance. He later earned an MBA from Columbia University. He spent most of his adult life in New York as a successful securities analyst and financial adviser. He handled all of his own financial investments as well. Brandt passed away at age 91 on Dec. 27, 2016.
The Brandt Scholarship program at the University of Connecticut will consist of 1-3 $5000 scholarships for underrepresented incoming freshmen accepted to the School of Business. The number of scholarship recipients selected will vary depending on funds available. The scholarship program will be administered by the School of Business, Office of Diversity Initiatives (ODI). The program objectives will focus on these three main areas:
Scholarship to cover educational expenses
Professional development and career awareness training
Mentoring & academic support to promote retention and graduation