UNCF and Fund II Foundation announced the launch of a major scholarship program benefiting African American students interested in pursuing careers in science, technology, engineering and mathematics (STEM) fields. The Fund II Foundation UNCF STEM Scholars Program is a $48 million initiative aimed at addressing diversity gaps that exist in the STEM fields by creating a pipeline that will prepare African American students for careers in technology and innovation.
Over the next five years, the Fund II Foundation UNCF STEM Scholars Program will conduct a nationwide search to identify 500 of the most highly motivated and academically talented African American high school students who are committed to pursuing STEM majors in college and pursuing careers in STEM industries. In addition to scholarships, the program will support students through mentoring and access to internships that will help prepare them for careers in the tech workforce. The program also will expose students to the principles of startup tech entrepreneurship and offer them a unique opportunity to pursue their own entrepreneurial ventures upon graduation. Scholars will receive $2,500 per academic year as freshmen and sophomores, $5,000 a year as juniors and seniors, an additional $5,000 for students whose academic programs require a fifth year, and a $5,000 stipend based on a STEM-related project/internship of the student’s interest. The first cohort of scholars will be announced in late April 2016.
Type of Opportunity: Scholarship