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THALIA BEATY,Associated Press
Carnegie Mellon University and the Norman and Ruth Rales Foundation, named for a home-building supplies entrepreneur and his wife who built their fortune despite early struggles, hope a $150 million initiative will support a new generation of students trying to achieve that American dream.
The foundation pledged $116 million Wednesday, in addition to $34 million from CMU, to endow scholarships for graduate students studying STEM from groups underrepresented in the fields, including racial minorities, women and first-generation college students.