Loras College has been awarded a three-year, $410,540 Career Ready Internship Grant from Great Lakes Higher Education Guaranty Corporation. An anticipated 184 part-time, off campus paid internships will be created during the 2015-2018 academic years.
Paid internships benefit students, colleges, and employers according to Richard D. George, Great Lakes president and chief executive officer. The students gain meaningful workplace skills and are more likely to earn degrees and use their internship experiences to help secure good jobs upon graduation.
Loras College is one of 33 colleges and universities in Iowa, Minnesota, Ohio, and Wisconsin that received a combined $12 million in Great Lakes grants to make internships more equitable for their students with financial need. Loras will collaborate with businesses and nonprofit organizations to provide the greatest number of current and future students with an educational opportunity they might not otherwise have.
This is the second time Loras College has been awarded a Career Ready Internship grant from Great Lakes Higher Education Guaranty Corporation. Loras received a $135,244 grant for the 2014-2015 academic year, creating 47 paid internships with organizations ranging from the City of Dubuque Economic Development Department and Holy Family Catholic Schools, to the National Mississippi River Museum & Aquarium and Hillcrest Family Services.
Eligible Loras College juniors and seniors can begin paid internships in regional companies and organizations beginning in January 2016. The Great Lakes grant period continues through May 2018.