Who Qualifies for Support for Final-Semester STEM Students in Indiana
GrantID: 19444
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
Grant Overview
Support for Final-Semester STEM Students in Indiana
Indiana faces critical educational challenges, particularly for students in STEM fields during their final semesters. Many students encounter unforeseen financial difficulties just before graduation, which can derail their goals. Data suggests that approximately 35% of students in Indiana manage their education costs through loans or part-time jobs, often leading to additional stress that can hinder their academic performance. This dynamic is especially relevant in Indiana's rural areas, where access to resources may be more limited.
Students grappling with these financial hurdles include those who are traditionally underrepresented in STEM, first-generation college attendees, and individuals who might have previously benefitted from financial aid but now find themselves unexpectedly in need of additional support. The impact of these financial challenges is widespread, threatening the state’s efforts to develop a skilled workforce that can meet the increasing demands of the technology sector.
To respond to this urgent need, Indiana’s funding initiative provides up to $10,000 in support for final-semester students facing unexpected financial difficulties. This financial assistance is designed to cover critical expenses, such as outstanding tuition fees and necessary educational materials, fostering an environment where students can focus on completing their degrees. By targeting students from disadvantaged backgrounds, the initiative aims to promote equity in educational attainment within the state’s tech workforce.
Indiana’s commitment to enhancing its STEM pipeline is aligned with the state's economic development goals. By ensuring that students can successfully graduate, Indiana not only strengthens its local talent pool but also positions itself to attract new industries seeking skilled workers. The focus on clearing financial barriers reinforces the state’s efforts to build a robust economy that leverages a diverse and capable workforce.
Eligible Regions
Interests
Eligible Requirements
