Wavemaker fellowships available for grads saddled with student loans pursuing STEM fields in R.I.

THE WAVEMAKER FELLOWSHIP is available to graduates who have incurred student loan debt during the completion of an associate’s, bachelor’s, or graduate degree and are pursuing careers in STEM-related fields in Rhode Island, according to the R.I. Commerce Corp.
THE WAVEMAKER FELLOWSHIP is available to graduates who have incurred student loan debt during the completion of an associate’s, bachelor’s, or graduate degree and are pursuing careers in STEM-related fields in Rhode Island, according to the R.I. Commerce Corp.

PROVIDENCE – The Wavemaker Fellowship program is now open.
Passed by the General Assembly last year as part of the governor’s jobs plan, the fellowship awards graduates who choose to work in STEM (Science, Technology, Engineering, and Mathematics) jobs in Rhode Island with a refundable tax credit that can cover student loan payments for up to four years.
“This program will give our companies a competitive edge and give our graduates needed assistance,” R.I. Secretary of Commerce Stefan Pryor said in a statement.
“Companies consistently tell us that it’s a top priority for them to attract a skilled work force in the STEM and design fields. By building an ever stronger pipeline of candidates, we will give companies that are considering expansion or relocation in Rhode Island confidence that they can access top-notch tech and design talent in our state,” he added.

The Wavemaker Fellowship will be available to graduates who have incurred student loan debt during the completion of an associate’s, bachelor’s, or graduate degree and are pursuing careers in STEM-related fields in the state. Those fields include life, natural or environmental sciences; computer, information or software technology; advanced mathematics or finance; engineering; industrial design or other commercially related design field; or medical or medical device technology.
The maximum annual credit is $6,000 for graduate degree holders, $4,000 for bachelor’s degree holders, and $1,000 for associate’s degree holders.
The application deadline is June 15.
To apply for the Wavemaker Fellowship, visit wavemaker.commerceri.com. For information, email wavemaker@commerceri.com or call (401) 278-9100.

No posts to display