Tektronix Inc. and Fluke Corp. announced that they have donated $100,000 to DeVry University for a five-year scholarship program. In the program, $20,000 will be awarded each year in $1,000 scholarships to 20 students each in the name of Tektronix and Fluke.

"We are very pleased to be able to create this scholarship fund for DeVry University on behalf of Tektronix and Fluke," said Amir Aghdaei, President of Tektronix. "Our companies share a common passion for providing opportunities for the next generation of engineers, and DeVry University provided an ideal platform for a program like this."

DeVry University will select students to be awarded scholarships based on a combination of need, merit and aptitude.

"We are honored to be the recipient of such a generous donation that will ultimately benefit 100 of our deserving students," said David Pauldine, President of DeVry University. "We share a common desire to strengthen the engineering and technology industries, and I feel that we are doing exactly that through this partnership. I applaud Tektronix and Fluke for their long-term commitment to helping ensure that we continue down this path together."

"Tektronix and Fluke have been working with DeVry University in an effort to upgrade their tools to match industry standards and prepare students for their real-world experience," said Barbara Hulit, President of Fluke Corp. "We look forward to extending our relationship with DeVry through this program."