Indiana State University is offering scholarships of $1,000 for students who have graduated from technology-based programs at Ivy Tech Community College to pursue a degree course.
The ISU College of Technology Transfer Award is designed to assist Ivy Tech transfer students complete a four-year degree based at the college. Thirty-five scholarships have been made available for the 2012-2013 academic year.
Kara Harris, professor and director of undergraduate student services in the College of Technology said: "These new scholarships will provide students with additional financial assistance to achieve their educational goals."
Some Ivy Tech students have already completed transfers to ISU and the College of Technology. In the 2010-2011 academic year, 68 students transferred to the College of Technology. With the new scholarship in place, this number may increase over the next academic year.
Ivy Tech transfers admitted to ISU by April 1 will be given priority assessment for the scholarship. Students who are admitted after June 1 will not be considered for assistance.
It is open to Indiana and out-of-state residents, including on-campus and distance-only students, but is not applicable to international students or returning ISU students.
In order to qualify for the award, students have to receive admittance in to their program, have a cumulative 2.75 GPA, and must sign up for a minimum of 12 credit hours each semester at ISU. They must also possess at least 30 transferable credits.
Ann Valentine, chancellor of Ivy Tech - Wabash Valley said: "Ivy Tech Community College is a great place to earn a degree and then transfer to a four-year university. Students save on their first two years of college and get lots of support to help them succeed. We appreciate Indiana State University's continued support in making transfer programs available so more Indiana residents can earn a bachelor's degree."
Faculty staff hope that the scholarship program will provide the incentive and support required for students who are unsure about continuing their education. In the current academic situation and considering economic worries about paying back student loans, the scholarship program may not be enough to entice a substantial number of people to continue study, but it is certainly valuable for those keen to continue.