The following was released on Wednesday, Jul. 8, 2020
FORT WAYNE, IND. (07/08/2020) In response to the talent need for certified individuals in manufacturing-related fields, Questa Education Foundation and 80/20 Foundation Trust are partnering to support northeast Indiana residents pursuing a college-level certificate or degree. This pilot program extends for two years with the goal to support at least 10 students with a forgivable loan award, up to $2,500 each semester, according to a news release.
“With so many manufacturing workers displaced by the pandemic, this program comes at a critical time to offer support for those individuals pursuing the next step in their education and their careers,” Laura Macknick, executive director of 80/20 Foundation Trust, said in the release. “Our board recognizes the importance of investing in individuals for the talent needs of Northeast Indiana manufacturing companies today and in the future.”
Scholars with a commitment to live and work in northeast Indiana for five years after graduation will receive up to 50% loan forgiveness, and an additional 25% forgiveness upon attending a partnering institution. Up to 75% of total loan could be forgiven. Funded fields include advanced automation and robotics technology, advanced manufacturing, electrical engineering, business management, industrial technology, machine tool technology, mechanical engineering, and supply chain management, among others.
“Talent is critical to the growth and success of our regional economy. Questa’s partnership with 80/20 Foundation Trust enables us to strategically address talent needs in manufacturing and we are grateful for the vision and support of the 80/20 Foundation,” Liz Bushnell, executive director of Questa Education Foundation, said in the release. “This program is an example of how Questa can collaborate with businesses and other industries to develop the talent pipeline for their specific needs, all while helping residents access education and graduate with less debt.”
Residents of northeast Indiana who are interested in pursuing or completing a certificate, associate’s or bachelor’s degree, with the intent to work in the manufacturing industry are encouraged to apply. The application is open to students right out of high school pursuing an undergraduate certificate or degree in addition to adult learners desiring to further their education.
For businesses interested in developing similar programs for their talent needs, contact Questa at 260-407-6494.