By snoadmin
Good news for engineering students at Cal State Long Beach, as Lynn Foster has announced that he will be donating all of the proceeds from his new textbook, “Nanotechnology: Science, Innovation and Opportunity” to CSULB to fund a new scholarship program for students in the engineering department.
Foster, who is the director of Emerging Technologies at the International Law Firm of Greenberg Traurig, LLP, a member of the advisory board for the CSULB College of Engineering and a MBA graduate, stated his reasoning behind donating 100 percent of his proceeds to the CSULB scholarship program.
“Cal State Long Beach is a good school with great students,” Foster said. “This donation will positively impact the students in need of financial assistance in the engineering program.”
Students and faculty are thrilled about the donation.
“Lynn Foster is a very intelligent and knowledgeable person who has edited a fascinating book, and we really appreciate his generosity to the students in our college,” said Michael Mahoney, dean for the College of Engineering at CSULB.
The textbook has been on the market for a few months, with the price ranging between $20 and $30 in bookstores and online. But no matter how well the books sells, Foster has already put forth a flat fee of $20,000, which will go to a full year of tuition for eight students.
The textbook, which has been used at universities such as Stanford, UCLA and Northwestern, focuses on the cutting-edge science of nanotechnology, which is the process of working and manipulating matters on a scale that is one billionth of a meter in size. This process helps improve existing products such as reinforced tires and next-generation computer processors, and it creates potential for new products.
Along with Foster, 36 people contributed to the creation of the text, including business leaders, attorneys, senators and even a Nobel Prize winner. Foster said he is extremely proud of his textbook and speaks in very high regard to its contributors, stating that there was so much talent in the bunch and that within them are future Nobel Prize winners.
“This scholarship seemed like the right thing to do, especially in the importance of education in cutting through all the hype about nanotechnology,” Foster said in the press release. “Hopefully the book helps a number of deserving students achieve their dreams in engineering while bridging the gap between the business and scientific communities in the field.”
