IEDC, ICI partner to retain Indiana grads

IEDC, ICI partner to retain Indiana grads

Journal Review

INDIANAPOLIS — The Indiana Financial Progress Company declared a partnership with Independent Schools of Indiana to distribute $3 million to improve the recruitment and retention of engineering and nursing graduates across Indiana.

The two companies introduced two new initiatives that will sustainably distribute the grant funding to graduates of engineering courses and nursing students at 29 general public and personal institutions.

“Indiana, like all states, is experiencing a crucial shortage of competent labor — like engineers and nurses,” claimed Indiana Secretary of Commerce Brad Chambers. “The overall overall health job professional enormous tension on their workforce through COVID, and since we have some of the greatest systems for both of those engineering and wellbeing treatment in the country, we want to boost the amount of graduates who choose to keep in Indiana right after graduation. This method aims to do just that by supporting these youthful gurus and permitting them know that the point out has incredible opportunities for them proper here.”

Every single of the 29 determined nursing programs will be supplied an initial selection of $3,000 scholarships that may be provided in assist deals for the 2023-24 academic calendar year. Equally, 29 determined engineering plans will be provided a least of two $7,000 grants. These grants are to be supplied to engineering college students on graduation whose long lasting residence at the time of graduation is outdoors the point out of Indiana, but have recognized employment in an engineering-linked field in Indiana. A minimum of one particular and a most of 50 grants will be allocated to just about every suitable establishment.

In the course of the pandemic, nursing positions requiring a bachelor’s degree or larger were constantly ranked amid the most in-need positions in the point out. At the commencing of 2022, 5 of the 16 most in-need (“Five Flame”) work opportunities described on the Section of Workforce Growth INDemand Work database essential a nursing degree, underscoring the want for an enhanced selection of nursing application graduates.

In accordance to the U.S. Dept. of Schooling, more than half of the students currently learning engineering at Hoosier faculties are from outdoors of Indiana, presenting a sizeable option to retain an expanding amount of learners write-up-graduation and expand Indiana’s populace.

“Independent Colleges of Indiana is pleased to aid the Indiana Financial Improvement Corporation in this task to address Indiana’s nursing and engineering shortages,” stated Jodie Ferise, JD, vice president and general counsel of ICI. “Serving learners at the two general public and private establishments in this significant initiative will aid hundreds of out-of-point out learners pursue meaningful careers proper in this article in Indiana. We want to enable draw pupils to these communities and showcase all our state has to give.”

Students intrigued in applying for both the nursing scholarship or engineering grant need to speak to the director or dean of their institution’s program.

For a lot more info about the nursing funds, check out

For more information about the engineering resources, check out