Progress Software Opens Applications for Its 2026 Global STEM Scholarship Series
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Details
News Market Reaction – PRGS
On Mar 10, the day this news came out, PRGS closed 3.60% below the previous close.
Data tracked by StockTitan Argus for the Mar 10 session.
Key Figures
- 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
Historical Context
-
Reported fiscal Q4 and full-year 2025 financial results and hosted conference call.
-
Announced timing of Q4 2025 and full-year 2025 results and conference call.
-
Recognized 2025 Sitefinity Partner of the Year Award winners, adding new AI category.
-
Debut in Forrester Wave for Digital Experience Platforms with strong search score.
-
Launched Q4 2025 Telerik and Kendo UI release with Agentic AI features.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
corporate social responsibility (csr) financial
AI-generated analysis. How Rhea-AI works. 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) t o 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.