The AIST Foundation has announced the 2005-2006 scholarship recipients for the following endowed scholarships.

For the William E. Schwabe Memorial Scholarship, a one-year scholarship of $2,000 awarded to K. Michael Guntrum, an electrical engineering technology major attending Youngstown State University as a junior.

For the Ronald E. Lincoln Memorial Scholarship, a one-year scholarship of $2,000 awarded to Alexander K. Monroe, a mechanical engineering major attending the University of Iowa as a junior.

For the Willy Korf Memorial Scholarship, one-year scholarships valued at $2,000 each were awarded to Branko Alavanja, a chemistry major attending Wabash College as a junior and to Michael Bonici, a metals and materials engineering major attending McGill University, also a junior.

For the Benjamin F. Fairless Scholarship, one-year scholarships valued at $2,000 each were awarded to Michael D. Gram, a materials science engineering major attending Ohio State University as a junior, and to Brandon L. Kruse, a metallurgical engineering major attending the University of Missouri-Rolla as a graduate student.

The AIST Foundation seeks to attract young technology-oriented professionals to the industry by promoting the high-tech, diverse and well-paying nature of careers in modern steelmaking. Scholarships are awarded on an annual basis to talented and dedicated students to encourage the pursuit of a career within iron and steel-related industries. Approximately $190,000 will be awarded in 2005 through the AIST Foundation and its affiliated groups. The AIST Foundation is a Pennsylvania-based, 501(c)(3) nonprofit corporation that is part of AIST, an international professional and technical association of more than 8,600 members. As the industry evolves, the AIST Foundation will strive to develop new and innovative programs to support the future of the iron and steel technology.