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A new Wharton undergraduate teaching award will be the most generous offered by a business school, Wharton officials announced last week. The new annual award, established by 1960 Wharton alumnus David Hauck, will divide $30,000 equally between the two faculty member selected for the honor. Both will be chosen by a selection committee, with one award winner coming from the tenured faculty and the other will be one on the tenure-track. The committee will consist of the dean, deputy dean, vice dean of the Wharton undergraduate division, chair of the Wharton Undergraduate Student Advisory Board, and two previous teaching award winners. Nominations will be sought from all Wharton students and faculty. Wharton Undergraduate Vice Dean Janice Bellace said she was "excited" about the new award -- which will continue indefinitely. "It emphasizes to the faculty, who do commit significant time to their teaching, that others find this valuable and wish to reward it," Bellace said. Criteria for selection include leadership abilities, ability to stimulate and challenge students, and knowledge of the latest research in their field. Greg Snyder, trustee of the David Hauck Foundation, said that the first award will be presented later this spring, adding that there will be a reception in either Atlanta or Philadelphia for the recipients. He added that the money is a gift and may be spent for personal use. "Dave [Hauck] feels that much of his success can be attributed to the Wharton School," Snyder said. Snyder also said that Hauck hopes that this award will help Wharton continue to attract the "high quality" of faculty. The gift is part of Wharton's $200 million dollar component of the capital campaign, a $1 billion fundraising drive by the University.

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