Building Emergency Aid Capacity for Technology Students in Iowa
GrantID: 19444
Grant Funding Amount Low: Open
Deadline: Ongoing
Grant Amount High: Open
Summary
Grant Overview
Emergency Aid for Technology Students in Iowa
Iowa’s students pursuing technology degrees face unique financial challenges, particularly in their final semester of study. Recent studies indicate that nearly 28% of Iowa college students experience financial hardships that may impact their graduation timelines. This statistic is particularly significant across rural areas in Iowa, where access to sufficient financial resources can be limited and the cost of living remains a barrier.
The individuals grappling with these financial constraints often include those from low-income families, first-generation college students, and individuals who face unexpected expenses due to personal or family emergencies. The array of factors resulting in financial strain can include rising housing costs or vehicle breakdowns, which are common in less urbanized regions where public transport is inadequate.
In response to these challenges, Iowa’s funding initiative provides emergency aid of up to $10,000 for technology students in their final semesters. This funding is aimed at alleviating immediate financial burdens, allowing students to complete their educational requirements without the pressure of unpaid tuition or essential living costs. The initiative specifically prioritizes students who may be facing unexpected financial crises, aiming to prevent dropout rates and ensure that those poised to graduate can do so on time.
By addressing these emergency funding needs, Iowa is investing in the future of its workforce. As the state works towards expanding its technological sectors, it is crucial to equip graduates with the skills necessary to succeed and innovate. Supporting students through financial hardships aligns with Iowa’s broader economic goals, ensuring that a diverse and capable workforce is ready to meet the demands of a rapidly changing job environment in technology and beyond.
Eligible Regions
Interests
Eligible Requirements