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UConn is on target to be the participating university for the new scholarship endeavor.
UConn President Katsouleas said called it a "prudent and necessary choice to make at this time."
Omnikal has teamed with Norwalk Community College to create a scholarship program to encourage African American males to pursue studies in the STEM field.
A prominent Long Island lawyer and Pace Law School alumnus is giving back to his alma mater with a scholarship for students who are union members or who have a parents in a union.
The National Science Foundation gave Mercy College $1.4 million to support scholarship programs for future math and science teachers.