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April 4, 2012
Round Rock, TX — At their March meeting, TG's Board of Directors approved an $8.5 million contribution to the Texas Higher Education Coordinating Board (THECB) for the state's T-STEM Challenge Scholarship Program. The contribution is part of the pledge TG's board made to the program last July for up to $25 million.
The scholarship program, created through House Bill 2910 by Rep. Dan Branch and Sen. Judith Zaffirini, helps students pursuing degrees and certifications in science, technology, engineering, and mathematics (STEM) fields to receive the education necessary to compete in a global workforce.
"TG is pleased to contribute to the T-STEM Challenge Scholarship Program," said Ivan Andarza, Chair of the TG Board of Directors. "This contribution represents a positive step in jumpstarting the program, and we believe that the following years' contributions will help supplement private funding as intended by the legislation."
The T-STEM Challenge Scholarship will provide competitive awards to regional partnerships between community and technical colleges and local employers to help attract, retain, and graduate STEM students.
"At TG, we understand an educated workforce in the STEM fields is crucial in maintaining the economic vitality of Texas," explained Andarza. "We thank Gov. Perry for his leadership on this issue."
TG promotes educational access and success so that students can realize their college and career dreams. As a public, nonprofit corporation, TG offers resources to help students and families plan and prepare for college, learn the basics of money management, and repay their federal student loans.