LANCASTER, PA — Fulton Bank, N.A., a key subsidiary of Fulton Financial Corporation (NASDAQ: FULT), has unveiled a new scholarship initiative designed to support local women pursuing careers in the science, technology, engineering, and mathematics (STEM) sectors. The bank is offering two scholarships, each valued at $3,000, aiming to boost female representation in fields traditionally dominated by men.
The scholarship fund was raised by Fulton Bank’s employee resource group, Women in Technology, reflecting the organization’s commitment to fostering diversity and inclusion within the tech community and beyond. This initiative not only highlights Fulton Bank’s dedication to social responsibility but also its recognition of the critical role that STEM fields play in driving innovation and economic growth.
Eligibility for the scholarship is broad, encompassing female high school seniors residing in states where Fulton Bank operates, including Pennsylvania, New Jersey, Maryland, Delaware, the District of Columbia, and Virginia. Applicants must demonstrate academic excellence and plan to enroll in an accredited undergraduate program in a STEM discipline for the 2024/2025 academic year.
However, the program sets clear boundaries on eligibility, explicitly excluding children of active employees, directors, or advisory board members of Fulton Financial Corporation and Fulton Bank, N.A. This ensures a fair opportunity for all applicants and underscores the program’s integrity.
Prospective scholars are encouraged to submit their applications along with necessary supporting documentation by the May 10, 2024 deadline. The selection process promises to be competitive, with scholarship recipients to be notified by May 24, 2024. Click here to complete the application and review the full list of eligibility requirements or visit Fultonbank.com/WITScholarship.
This scholarship program represents a significant step towards reducing the gender gap in STEM fields. By providing financial assistance to women entering these disciplines, Fulton Bank aims to empower a new generation of female leaders in technology and engineering. This effort not only benefits the individual recipients but also contributes to the broader goal of enhancing diversity within STEM professions.
The move by Fulton Bank aligns with a growing trend among corporations to invest in education and workforce development, particularly in areas critical to the future of the economy and society. As industries increasingly rely on technology and scientific innovation, supporting students in STEM becomes crucial for ensuring a diverse and well-equipped workforce.
In a world where gender disparities in STEM careers persist, initiatives like Fulton Bank’s scholarship program serve as vital catalysts for change, encouraging more women to pursue and excel in these important fields.
For the latest news on everything happening in Chester County and the surrounding area, be sure to follow MyChesCo on Google News and Microsoft Start.