The Fulvio Dobrich New Americans Scholarships are targeted toward, but not limited to, first- and second-generation immigrants and are designed to extend the City College's historic mission of supporting new immigrants in New York City. Fulvio Dobrich, managing partner of Galileo Asset Management and a Colin Powell Center advisory council member, established the scholarships in 2006. Fulvio Dobrich New Americans fellows are admitted to the Colin Powell Program in Leadership and Public Service, which is a two-year program that includes specialized workshops, instruction, leadership development opportunities, and service activities.

Fulvio Dobrich Scholarships designed for highly talented City College undergraduates from all schools and disciplines who have a demonstrated interest in leadership, public service, and public policy. Preference is giving to rising juniors, but other students are encouraged to apply. The scholarships provide $12,000 annually for two years. The scholarships also provide a stipend to support fellows who participate in a public service-related summer internship.