Progress Software Opens Applications for Its 2026 Global STEM Scholarship Series

Rhea-AI Summary

Progress Software (Nasdaq: PRGS) opened applications for the 2026 Progress STEM Scholarship Series on March 10, 2026, supporting students in the U.S., Bulgaria and India. Awards include a U.S. Mary Székely scholarship of $10,000 per year, Bulgaria women’s scholarships of EUR 1,600, and Indian renewable awards up to INR 150,000.

Applications close April 13, 2026; the program has awarded scholarships to 23 students since 2019 and is part of the company’s Progress for Tomorrow CSR initiative.

Key Figures

Mary Székely scholarship: $10,000 per year Scholarship duration: 4 years Women in STEM Bulgaria: 2 scholarships of EUR 1,600 +5 more

8 metrics

Mary Székely scholarship $10,000 per year Four-year scholarship for Massachusetts computer science and related majors

Scholarship duration 4 years Mary Székely Scholarship in the U.S.

Women in STEM Bulgaria 2 scholarships of EUR 1,600 Annual awards to women in Bulgarian STEM undergraduate programs

Women in STEM Bulgaria (USD) approx. $1,800 Approximate value of each Bulgarian Women in STEM scholarship

Akanksha scholarship India INR 1,50,000 per year Renewable scholarship for two women in India in STEM fields

Akanksha scholarship (USD) approx. $1,600 per year Approximate annual value for each Akanksha scholarship

Students supported 23 students Total Progress STEM Scholarship recipients since program inception

Application deadline April 13, 2026 Deadline for all 2026 STEM Scholarship Series applications

Market Reality Check

Price: $37.45 Vol: Volume 516,029 vs 20-day ...

low vol

$37.45 Last Close

Volume Volume 516,029 vs 20-day average 1,213,016 (relative volume 0.43), indicating subdued trading before this CSR update. low

Technical Shares at $38.85, trading below the 200-day MA of $46.32 and 40.69% under the 52-week high of $65.50.

Peers on Argus

PRGS was down 1.62% while key peers like NYAX (+2.77%), FLYW (+4.47%) and NTCT (...

1 Up

PRGS was down 1.62% while key peers like NYAX (+2.77%), FLYW (+4.47%) and NTCT (+3.40%) traded higher, suggesting stock-specific factors rather than a sector-wide move.

Historical Context

5 past events · Latest: Jan 20 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 20	Earnings results	Neutral	+10.6%	Reported fiscal Q4 and full-year 2025 financial results and hosted conference call.
Jan 06	Earnings date set	Neutral	+2.0%	Announced timing of Q4 2025 and full-year 2025 results and conference call.
Dec 18	Partner awards	Positive	-0.4%	Recognized 2025 Sitefinity Partner of the Year Award winners, adding new AI category.
Dec 16	Analyst recognition	Positive	-1.2%	Debut in Forrester Wave for Digital Experience Platforms with strong search score.
Dec 10	Product launch	Positive	+0.6%	Launched Q4 2025 Telerik and Kendo UI release with Agentic AI features.

Pattern Detected

Recent news has mostly been product and recognition focused, with mixed price reactions and at least one strong positive move on earnings.

Recent Company History

Over the past few months, Progress Software has reported fiscal Q4 and full-year 2025 results on Jan 20, 2026, which coincided with a +10.62% move, and preannounced that earnings date earlier in January with a modest +2.04% reaction. December updates featured industry recognition in The Forrester Wave and new Agentic AI capabilities in Telerik and Kendo UI, with small positive and negative moves. Against this backdrop, the 2026 STEM Scholarship Series extends the company’s CSR and brand-building efforts rather than shifting fundamentals.

Market Pulse Summary

This announcement highlights Progress Software’s emphasis on long-term ecosystem and talent developm...

Analysis

This announcement highlights Progress Software’s emphasis on long-term ecosystem and talent development through its STEM Scholarship Series across the U.S., Bulgaria and India. It follows recent milestones including Q4 and full-year 2025 results and AI-focused product releases. Investors monitoring the name may contextualize this CSR initiative alongside the share price trading below the $46.32 200-day MA, prior mixed reactions to recognition news, and recent regulatory filings showing routine insider equity activity.

Key Terms

corporate social responsibility (csr)

1 terms

corporate social responsibility (csr) financial

"initiative within Progress for Tomorrow, the company’s Corporate Social Responsibility (CSR) program."

Corporate social responsibility (CSR) is a company’s ongoing commitment to act responsibly toward the environment, employees, customers and communities—beyond legal requirements—by reducing harm and contributing positive social or environmental outcomes. Investors care because CSR affects a company’s reputation, regulatory and legal risk, customer loyalty and long-term costs; like a person’s character, consistent responsible behavior can signal lower risk and more reliable future performance.

AI-generated analysis. Not financial advice.

Committed to advancing technology education, the annual program empowers students in the U.S., Bulgaria and India to pursue STEM degrees

BURLINGTON, Mass., March 10, 2026 (GLOBE NEWSWIRE) -- Progress Software (Nasdaq: PRGS), the trusted provider of AI-powered digital experience and infrastructure software, today announced that applications are now open for the 2026 Progress STEM Scholarship Series. Established in 2019, the program supports students pursuing STEM degrees in the U.S., Bulgaria and India—regions where Progress has a strong and growing presence.

“Education is the foundation of innovation, and investing in future STEM leaders is essential to our industry’s ongoing success,” said Yogesh Gupta, CEO, Progress Software. “Through this scholarship series, we are proud to support talented young students whose ideas, curiosity and determination will help shape the next era of technological advancement.”

2026 Progress STEM Scholarship Series

• Mary Székely Scholarship (U.S.)
  A four‑year scholarship providing $10,000 per year to Massachusetts students pursuing undergraduate degrees in computer science, software engineering, IT or computer information systems. The award honors Progress co‑founder Mary Székely, a pioneering technologist and lifelong advocate for STEM education.

• Women in STEM Scholarship Program (Bulgaria)
  This program awards two annual scholarships of EUR 1,600 each (approx. $1,800) to women in their second, third or fourth year of study in computer science, software engineering, IT or related fields at an accredited public university.

• Akanksha Scholarship for Women in STEM (India)
  Meaning “aspire” in Sanskrit, this renewable scholarship provides up to INR 1,50,000 (approx. $1,600) per year for two women in India pursuing undergraduate degrees in computer science engineering, computer science information technology or related disciplines.
  

The Progress STEM Scholarship Series is a cornerstone initiative within Progress for Tomorrow, the company’s Corporate Social Responsibility (CSR) program. Past recipients have demonstrated exceptional academic achievement, leadership potential and a strong commitment to giving back to their communities. Since its inception, the program has awarded scholarships to 23 students across the U.S., Bulgaria and India.

Applications for all scholarships must be submitted by April 13, 2026. For eligibility requirements and application details, visit the Progress website.

About Progress Software  
Progress Software (Nasdaq: PRGS) empowers organizations to achieve transformational success in the face of disruptive change. Our software enables customers to develop, deploy and manage responsible AI-powered applications and personalized digital experiences with agility and ease. Businesses of all sizes rely on Progress for the products, expertise and vision they need to turn AI disruption into a competitive advantage. Millions of developers and technologists at hundreds of thousands of organizations depend on Progress every day. Learn more at www.progress.com. 

Progress is a trademark or registered trademark of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and other countries. Any other trademarks contained herein are the property of their respective owners. 

Press Contacts:            
Kim Baker           
Progress         
+1-800-477-6473           
pr@progress.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5c048090-2862-4c4d-b6dd-7edca782b514

FAQ

What is the application deadline for the Progress Software (PRGS) 2026 STEM scholarships?

The application deadline is April 13, 2026. According to Progress Software, all scholarship applications for the 2026 Progress STEM Scholarship Series must be submitted by that date via the company website.

How much does the Mary Székely scholarship pay in Progress Software (PRGS) 2026 awards?

The Mary Székely scholarship provides $10,000 per year for four years. According to Progress Software, it supports Massachusetts undergraduates in computer science, software engineering, IT or related fields.

What are the award amounts for the Bulgaria and India scholarships in Progress Software (PRGS) 2026 program?

Bulgaria winners receive EUR 1,600 each and India awards up to INR 150,000 per year. According to Progress Software, these target women in STEM at accredited universities and are renewable where specified.

Who is eligible for the Progress Software (PRGS) Women in STEM scholarships in Bulgaria and India?

Eligible candidates are women in later undergraduate years studying computer science, software engineering, IT or related fields. According to Progress Software, Bulgaria awards target second–fourth year students and India awards target undergraduate women in relevant disciplines.

How many students has Progress Software (PRGS) supported through the STEM Scholarship Series since 2019?

Progress has awarded scholarships to 23 students since the program began in 2019. According to Progress Software, recipients showed academic achievement, leadership potential and community commitment under the Progress for Tomorrow CSR program.