UT Austin Alum Leaves $35 Million to Engineering School for Scholarships

Editor’s Note: This post is excerpted from Alcalde, the alumni magazine of the University of Texas at Austin.

The late T.W. “Tom” Whaley, Ph.D. ’68, who quietly served his country in the CIA during the Cold War, surprised UT leaders this year with a $35 million bequest to create engineering scholarships at the Cockrell School of Engineering.

In 2014-15, the new endowment’s first year, 34 students from across Texas will receive Whaley Scholarships and pursue studies in all seven engineering departments at the Cockrell School.

“Dr. Whaley’s parents instilled in him the value of an education, and he wanted young Texans to have the same opportunities to learn and contribute to their state and nation,” said Whaley’s attorney and friend David Anderson, the executor of his estate. “I believe he made this extraordinary gift to change these students’ lives.”

The T.W. Whaley, Jr. Friends of Alec Endowed Scholarship is now one of the largest endowments for undergraduate and graduate financial aid at the Cockrell School. The endowment, projected to provide $1.6 million in annual merit scholarships and fellowships, increases the school’s total scholarship and fellowship funding by 25 percent.

Incoming freshman Marshall Tekell is from Whaley’s hometown of Waco. “Receiving the Whaley Scholarship changed my life in a radical way,” said Tekell, who plans to major in chemical engineering. “Not only does it remove an enormous burden from my family, it allows me to envision my education far into the future. Dr. Whaley gave me the freedom to follow his example.”

He earned his doctorate in electrical engineering from UT Austin where he studied signal strength of electromagnetic waves, and he was recruited by the CIA after graduation because of his expertise in antenna technology. Later, he returned to Texas to help manage his family’s farm, which he helped expand to 4,000 acres. Whaley’s wealth originated from oil and gas royalties, and it grew as he accumulated and oversaw a portfolio of stocks and bonds.

 

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