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Embry-Riddle Student Receives SBB Research Group Foundation STEM Scholarship

The SBB Research Group Foundation has named Saarang Sivakumar a STEM Scholarship recipient

CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- The SBB Research Group Foundation named Saarang Sivakumar a recipient of its STEM scholarship. The $2,500 award empowers students to create value for society by pursuing higher learning through interdisciplinary combinations of Science, Technology, Engineering, and Mathematics (STEM).

Saarang Sivakumar, a freshman, studies aerospace engineering at Embry-Riddle Aeronautical University. Saarang received his Level 1 High Power Rocketry Certification and secured a spot on the USA Junior National Team for the 2025 Fédération Aéronautique Internationale World Space Modeling Championships in Serbia.

“Saarang is accomplishing things in his first year of college that some professionals only dream of. I can’t wait to see where he goes from here," said Matt Aven, co-founder and board member of the SBB Research Group Foundation.

For eligibility criteria and more information on the Foundation’s STEM scholarship, please visit http://www.sbbscholarship.org.

About the SBB Research Group Foundation

The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation sponsors the SBB Research Group Foundation STEM Scholarship, supporting students pursuing Science, Technology, Engineering, and Mathematics (STEM) degrees. In addition to its scholarship program, the Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies.

Contact: Erin Noonan
Organization: SBB Research Group Foundation
Email: scholarship@sbbrg.org
Address: 450 Skokie Blvd, Building 600, Northbrook, IL 60062 United States
Phone: 1-847-656-1111
Website: https://www.sbbscholarship.com/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/119b842a-698c-4ec5-bf51-a45225d88ec4


Saarang Sivakumar

Embry-Riddle aerospace engineering student Saarang Sivakumar, a STEM Scholarship recipient, has earned his Level 1 High Power Rocketry Certification and a spot on the USA Junior National Team for the 2025 World Space Modeling Championships.

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