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MACEDONIAN BUSINESSMAN TO FUND CUTLER SCHOLARSHIPS AT OHIO UNIVERSITY

Contact: Jack Ellis, ellis@ohio.edu or (740) 593-4271

ATHENS, Ohio -- Ohio University's Manasseh Cutler Scholars Program has attracted a benefactor from an unexpected part of the world -- the Republic of Macedonia.

Risto Gusterov of Macedonia will contribute nearly $500,000 to an endowed scholarship program, providing two students from Macedonia with full scholarships for four years of study at Ohio University. The Risto Gusterov-Manasseh Cutler Scholars Awards are the first to be awarded to international students.

"The continuing role of the United States for peace in my part of the world along with education of our youth are key to the future of the Republic of Macedonia," said Gusterov. "As we continue to move to a free-enterprise society, our young people will play a vital role in the years to come. Educating them in the world's strongest economy is the best way to prepare them for their very important future role. I strongly believe in the idea behind the Cutler program."

Based on the Rhodes Scholars Program of Oxford University, the Cutler Scholars Program emphasizes the development of leadership potential and the reinforcement of civic responsibility for undergraduates.

The scholarships are renewable for four years and provide full tuition, room and board, and a stipend for structured summer internships and study abroad.

"I am pleased, and of course, grateful, to Risto Gusterov for providing Cutler Scholarship opportunities to students from Macedonia," Ohio University President Robert Glidden said. "The Cutler Scholars Program is designed to provide 'transformational leaders' for a global society, and it is especially gratifying that our first international Cutler Scholars will come from Macedonia, a region that represents the very beginnings of Western civilization."

U.S. Sen. George Voinovich, R-Ohio, is an Ohio University alumnus of Serbian and Slovenian heritage, giving him ancestral ties to that region of Europe.

During the news conference, Voinovich said he was very concerned with the devastation of the countries in the former Yugoslavia following war there. Educating people in the region may one day lead to peaceful resolutions of disputes, he said.

"We don't pay enough attention to what universities do to contribute to world peace," he added.

Macedonian Ambassador Ljubica Z. Acevska spoke at the news conference. "The United States has Bill Gates and in Macedonia we have our Gusterov," he said. "One of the best ways to help people is through education and where better to get it than in the United States," Acevska added.

Gusterov, an entrepreneur and businessman, decided to endow the scholarships following talks with Lou Vlasho, a 1959 graduate of Ohio University's College of Business and former president of the Institute of Management Accountants. Vlasho has been working with Macedonian businesses during the last decade.

"Risto was very impressed with the comprehensive nature of the Cutler Scholars Program," said Jack Ellis, vice president emeritus for development and associate director of the Cutler Scholars Program.

Named for Manasseh Cutler, one of the founders of Ohio University, the scholarship program began in 1996 with a pilot group of six scholars. There are 21 Cutler Scholars on the Athens campus this academic year.

The first Gusterov-Cutler Scholar will begin classes at Ohio University fall quarter 2000. The second will begin 2002. Eleven high schools in Macedonia will nominate candidates for the award which will be chosen by a committee in Macedonia.

"To be considered as a Cutler Scholar, one should be a serious academic student who demonstrates physical vigor and moral strength of character that is translated into scholastic pursuits and ultimately into community involvement," said Charles J. Ping, Ohio University president emeritus and executive director of the Manasseh Cutler Scholars Program.

Founded in 1804, Ohio University is in Athens, Ohio, about 75 miles southeast of Columbus and is the state's oldest university. About 19,200 undergraduate and graduate students are enrolled on the Athens campus with a total of 28,407 students enrolled on the main campus and five regional campuses.

Will Konneker of Ladue, Mo., is chairman of the Cutler Scholars Board of Governors. For more information on the Cutler Scholars Program, contact Jack Ellis at (740) 593-4271 or e-mail him at ellis@ohio.edu.

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Note: Macedonian businessman Risto Gusterov, Ohio Sen. George Voinovich, and Ohio University President Robert Glidden made this announcement at a news conference held Tuesday, Sept. 28, at 2 p.m. in the National Press Club's Lisagor Room.