John Carroll Receives Major Grant to Fund Internships

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JOHN CARROLL UNIVERSITY AWARDED $349,200 “Career Ready Internship Grant” New Paid Internships Will Be Created Exclusively for Students with Financial Need John Carroll University has been awarded a three-year, $349,200 Career Ready Internship Grant from Great Lakes Higher Education Guaranty Corporation. An anticipated 190 new paid internships will be created during the 2015-2018 academic years. “We are delighted to be able to offer this opportunity to our students,” said Graciela Lacueva, Ph.D., Associate Dean of Science, Mathematics, and Health at John Carroll. “In applying for this grant we reached out to alumni in the area who responded with enthusiasm offering placements for our students.” Dr. Lacueva is the project director for the Great Lakes grant. This latest award builds on the success of last year's grant, which created nearly 40 paid internships for students in John Carroll’s College of Arts and Sciences. With the new grant, internships will be open to all majors at the University, and will include a variety of industries such as healthcare, finance, marketing and communications, as well as biotechnology. John Carroll is one of 33 colleges and universities in Ohio, Minnesota, Iowa and Wisconsin that received a combined $12 million in Great Lakes grants to make internships more equitable for their students with financial need. John Carroll 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. Internships, which are often unpaid positions, serve as an important professional development experience, yet many students cannot afford to participate. "Paid internships benefit students, colleges and employers," said Richard D. George, Great Lakes President and Chief Executive Officer. "Students gain meaningful workplace skills and are more likely to earn degrees and use their internship experiences to help secure good jobs upon graduation. Colleges will see increased graduation and job placement rates, and employers gain a pipeline to fresh talent. It's a win-win-win." Following three months of administrative planning, employer outreach, and student recruitment, John Carroll will place eligible juniors and seniors in paid internships beginning in January 2016. The Great Lakes grant period continues through May 2018.

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ABOUT GREAT LAKES Dedicated to making college education a reality since 1967. Knowing that education has the power to change lives for the better, Great Lakes Higher Education Corporation & Affiliates was established as a nonprofit group focused on a single objective: helping students nationwide prepare for and succeed in post-secondary education and student loan repayment. As a leading student loan guarantor and servicer, Great Lakes has been selected by the U.S. Department of Education to provide assistance and repayment planning to more than 8 million borrowers – as well as assistance to colleges and lenders nationwide. Its earnings support one of the largest and most respected education philanthropy programs in the country. Since 2006, Great Lakes has committed nearly $154 million in grant funding to promote higher education access and completion for students of color, low-income students, and first-generation students. For additional information, visit http://home.mygreatlakes.org/

John Carroll Receives Major Grant to Fund Internships

October 16, 2015