A need-based scholarship covering the full cost of undergraduate attendance for economically disadvantaged Georgia Tech students in STEM fields, established by BlackRock in memory of former COO Charles "Charlie" Hallac, paired with a guaranteed paid internship at BlackRock.
About this scholarship
Established in 2016, the BlackRock Hallac Scholarship honors the memory of Charles "Charlie" Hallac, BlackRock's former Chief Operating Officer and co-president, who died of cancer in 2015. Georgia Tech is one of only two national research universities BlackRock selected to lead this programme, which supports bright, innovative, entrepreneurial-minded students from economically disadvantaged circumstances studying in STEM disciplines. BlackRock provides an annual expendable gift to fund two cost-of-attendance scholarships per year, with the explicit goal of ensuring financial need never stands between a talented student and a world-class education. Beyond the funding itself, BlackRock actively integrates recipients into the company through structured internship placements — making this as much a talent pipeline and mentorship programme as a traditional scholarship.
What the award includes
Full cost of undergraduate attendance, defined as: tuition, mandatory student fees, books and supplies, housing allowance, meal plan allowance, personal educational costs (as published by Georgia Tech's Office of Scholarships and Financial Aid), plus a computer as necessary
Support identifying and securing a paid internship between the student's second and third year of study
A guaranteed paid internship directly at BlackRock between the third and fourth year of study
Direct connection and mentorship pathway into BlackRock, including six to seven weeks of structured preparation (resume writing, interview practice, professional etiquette) provided through the Georgia Tech Career Center
A strong track record of converting to full internship/employment offers — for four consecutive recent years, all Hallac Scholarship finalists received BlackRock internship offers
Who can apply
Must be an undergraduate student at Georgia Institute of Technology, enrolled full-time
Must have significant, demonstrated financial need
Must have successfully completed their first year of study — this is not a freshman-entry scholarship; it's awarded to continuing students
Must hold a minimum 3.0 GPA (on a 4.0 scale)
Must be studying in a STEM discipline
BlackRock states a preference for candidates who demonstrate: innovative thinking, maturity, intellectual passion, self-motivation, and a willingness to take risks rather than "follow blindly"
Open to both domestic and international Georgia Tech students, per third-party sources — though this should be confirmed directly, since Georgia Tech's own official page doesn't explicitly break out nationality restrictions in the material found
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