General Motors Foundation announces 2012 grants for STEM scholars
October 04, 2012
The General Motors Foundation recently awarded the latest round of scholarships for students pursuing science, technology, mathematics and engineering (STEM) studies. Through its Buick Achievers Scholarship Program, the foundation is doling out nearly $4.2 million to 1,100 students.
Among the award recipients, 100 students will receive up to $25,000 through the 2012 National Buick Achievers program and 1,000 students are going to receive a one-time $2,000 scholarship as part of the 2012 Buick Achievers initiative. This work is intended to lessen the impact of an increasing shortage of STEM studies scholars, according to The Huffington Post.
"Students are graduating today with more than $25,000 in debt, [which hinders] them with years of financial burden," said GM Foundation president Vivian Pickard, as quoted by the Foundation Center. "The GM Foundation is able to alleviate some of those financial hurdles, while fostering the growth of the next generation of leaders for STEM-related fields."
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