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CORVALLIS - The first group of Oregon State University Newcomb scholars will benefit from $17,000 in scholarships for the 1998-99 academic year.

The Newcomb Family Endowed Scholarship Fund to assist undergraduate students in OSU's College of Business is the result of the largest stock gift in OSU history, from Bernard "Bernie" Newcomb.

Raised in Scio, and an honors graduate of the OSU College of Business, Newcomb is a pioneer in computer systems development. Before his retirement last year, he was co-founder and chief system architect of E-Trade Group, one the nation's first Internet stock trading companies.

"I wouldn't be here without OSU. I've been fortunate and I wanted to give something back," Newcomb said. "I wanted to put my good fortune to some greater use."

The Newcomb Scholarship Selection Committee awards $1,000 scholarships to students from a variety of backgrounds. The committee includes faculty, student and community representation.

Students selected for 1998-99 academic year include:

ALBANY:
Amanda Grimps

AUMSVILLE:
Stephanie Keudell

BEAVERTON:
Bianca Fletcher

BEND:
Tracie McClelland

EUGENE:
Darcy McKinnon; Mary Steers

GLADSTONE:
Joshin Luiz

HOOD RIVER:
Bryan Anderson

LEBANON:
Todd Juhnke

ROSEBURG:

SALEM:
Daniel Haber

KANSAS

OVERLAND PARK:
Matthew Spiegelberg

WASHINGTON

OLYMPIA:
Lauren Reynolds