First-year honors students are eligible to be considered for a four-year Peyton Manning Scholarship, established in 1998. The scholarships are funded by an endowment created from gifts to the university garnered from Manning’s academic awards, the UT Athletics Department’s corporate matching program, and other private gifts. During his four-year career at UT, $165,000 in scholarship funds were received by UT as a result of awards Manning won, such as the Burger King-Vincent DePaul Drady Scholar Athlete of the Year, the Davey O’Brien National Quarterback, and the American Honda Scholar Athlete of the Year. The Manning scholarships carry a special allocation to allow a semester of study abroad. The scholarship was announced at the 1998 Orange and White Game, and proceeds from the game went to the scholarship endowment.
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