This program provides a unique chance to invest in your workforce. You can receive up to $37,000 annually per graduate fellow, plus $16,000 each year for educational costs. This funding can be used to support graduate students recognized with the GRFP Honorable Mention, allowing them to develop skills directly aligned with your business goals. Investing in talent helps enhance your company's capacity and competitiveness in the long run.

With three years of funding available for each fellow and the option to utilize support over five years, you have the flexibility to plan and grow your team. This is more than just financial support; it’s a strategic investment in the future of your organization. By applying, you secure a pathway to cultivate skilled professionals who can contribute meaningfully to your business, driving innovation and growth for years to come.

Type of Financing
This program offers awards to support graduate fellows financially. Specifically, it provides stipends and cost-of-education allowances.

Financial Details

• Each Fellow receives a stipend of $37,000 per year for a total of three years.
• The program also includes a cost-of-education allowance of $16,000 per year for each Fellow, for a full three years.
• The total support for each Fellow can amount to $159,000 over three years.
• Fellows have up to five years to utilize the funding received.

Eligible Expenses and Fees
Funds from this program can be used towards the stipend and cost-of-education allowance for Fellows. However, it is important to note that these funds cannot be used for any personal expenses, non-educational purposes, or administrative costs outside of supporting Fellows. Additionally, there are no application fees associated with this funding opportunity.

• Located in an EPSCoR jurisdiction: The business must operate within an EPSCoR jurisdiction.
• Eligibility of applicants: Must have received the distinction of GRFP Honorable Mention no more than three years before the proposal due date.
• Institution Requirement: Funding is provided to graduate degree-awarding institutions.
• Support for a minimum of three Fellows: Submissions must request support for at least three NSF EPSCoR Graduate Fellows.
• Fields of Study: Fellows may pursue degrees in fields different from their previously listed field of study in their GRFP application.

Disqualifications:

• No disqualifications mentioned in the context provided.

This program offers significant financial support for graduate education in EPSCoR jurisdictions. If your business is involved in education or workforce development, it can benefit from this opportunity. You can receive up to $37,000 per year for each fellow, along with $16,000 annually for associated educational costs. This funding is available for a total of three years per fellow, allowing you to strategically invest in the growth and training of skilled professionals in your field.

The money can be used to support graduate students who have been recognized with the GRFP Honorable Mention. This not only helps to enhance their skills but also boosts the overall capacity and competitiveness of your business. Each fellow can pursue a graduate degree in a discipline that aligns with your business goals, even if it's different from their previous studies.

The funding is designed to be flexible, with up to five years to utilize the support. This timeline allows your business to plan effectively for education and training, ensuring you have the talent necessary for success in your industry. By participating in this program, you're investing in the future of your workforce, positioning your business for long-term growth.