U of M Twin Cities Awarded $374,000 to Support Student Internships
The University of Minnesota Twin Cities has been awarded a three-year, $374,000 Career Ready Internship Grant from Great Lakes Higher Education Guaranty Corporation. An anticipated 170 new paid internships will be created during the 2015-2018 academic years. The grant was initiated by the University’s Career and Internship Services based on the St. Paul campus. The internships are available to undergraduate juniors and seniors in the College of Continuing Education, College of Design, and the College of Food, Agricultural and Natural Resource Sciences.
“At the U of M, we know that a vital component of preparing students to be successful leaders, innovators and pioneers in their future careers is providing opportunities for valuable, real-world experience in their fields of study,” said Danita Brown Young, Vice Provost for Student Affairs and Dean of Students. “The Career Ready Internship Grant provides students with financial need the opportunity to pursue these experiences.”
This is the second consecutive grant designated for internship support that the U of M has received from Great Lakes. Through support in 2015, the Career Ready Internship Grant supported over 100 internships for U of M students.
“With financial support through the Career Ready Internship Grant, I was able to take a newly created internship this past summer at the U of M’s Forester Lab. As my first ever internship in my chosen field, the experience was invaluable and is currently the highlight of my resume. It will be very helpful in landing a job after graduation, as it is nearly impossible to get a job related to Fisheries and Wildlife without previous experience,” said Vincent Spaid, a current U of M undergraduate and Great Lakes grant recipient in 2015.
“Paid internships benefit students, colleges and employers,” said Richard D. George, Great Lakes President and Chief Executive Officer. “Students gain meaningful workplace skills and are more likely to earn degrees and use their internship experiences to help secure good jobs upon graduation. Colleges will see increased completion and job placement rates, and employers gain a pipeline to fresh talent. It’s a win-win-win.”
University of Minnesota Twin Cities is one of 33 colleges and universities in Iowa, Minnesota, Ohio and Wisconsin that received a combined $12 million in Great Lakes grants to make internships more equitable for their students with financial need. The U of M will collaborate with businesses and nonprofit organizations to provide the greatest number of current and future students with an educational opportunity they might not otherwise have.
The U of M will place eligible juniors and seniors in paid internships beginning in the Spring 2016 semester. The Great Lakes grant period continues through May 2018. For more information on eligibility and applications, students can visit careerhelp.umn.edu/greatlakesgrant.
About Great Lakes Higher Education Corporation & Affiliates
Knowing that education has the power to change lives for the better, Great Lakes Higher Education Corporation & Affiliates was established as a nonprofit group focused on a single objective: helping students nationwide prepare for and succeed in postsecondary education and student loan repayment. As a leading student loan guarantor and servicer, Great Lakes has been selected by the U.S. Department of Education to provide assistance and repayment planning to more than 8 million borrowers—as well as assistance to colleges and lenders nationwide. Great Lakes’ earnings support one of the largest and most respected education philanthropy programs in the country. Since 2006, Great Lakes has committed nearly $154 million in grant funding to promote higher education access and completion for students of color, low-income students, and first-generation students. For additional information, visit home.mygreatlakes.org.