Providing access and creating opportunities for a path into tech careers has been at the core of NEWs mission. We truly believe that apprenticeship creates opportunities for early career talent to learn technical skills, grow professionally, and gain access into tech spaces that have historically required 4-year degrees and years of experience. However, as we began doing the work to create those pathways we encountered time and time again the financial barriers for education and training that our apprentices are facing.
As a company, we asked ourselves “how can we not only create opportunities for apprentices to upskill and start their careers in tech but also remove financial barriers?” That’s when we knew. It was time to use our connections to create partnerships with local workforce boards, federal grant organizations, and best of all provide our very own scholarship to begin removing some of those financial barriers for success.
As of 2021, 82% of NEW’s apprentices are underrepresented minorities in tech and 54% are women. As part of our mission to upskill and provide opportunities for underrepresented tech talent, this year NEW committed to providing a Diversity Scholarship of up to $2000 for eligible apprentices to assist with off-setting tuition or educational costs that would otherwise be a barrier for success.
NEW strives to create more opportunities for access to tech careers through apprenticeships in Digital Marketing, Data Analysis, Cyber Security, and Information Technology. With our launch of the Diversity Scholarship in July 2020, our goal is that by the end of by 2021 NEW will have provided up to $72,000 in scholarships. Learn more about the Diversity Scholarship here.
There is no doubt that the NEW Apprenticeship is an investment in your future. Apprentices will earn highly marketable skills from industry experts while rapidly upskilling; along with mentoring, career coaching, and portfolio projects to showcase their work. We understands that the financial impact can not be taken lightly.
That’s why we’ve partnered with local Workforce Boards to provide eligible apprentices up to $7,000 in WIOA grant funds for tuition. Additionally, we have also partnered with the Department of Labor to provide eligible apprentices an additional $6,200 towards off-setting the cost of tuition.
That is $13,200 worth of grant funds NEW apprentices are eligible to receive to help cover the cost of upskilling and accelerating their tech career. Once an apprentice has been accepted, they are then eligible for an additional scholarship up to $2,000 towards tuition which in most cases further reduces or completely covers tuition in full depending on the program they pursue.
Our goal is to ensure that every apprentice has the opportunity to launch their career in tech and that financial barriers aren’t the deciding factor in taking the leap to join NEW’s Apprenticeship Programs.