Scholarships (or Individual Training Accounts) can be part of a longer-term strategy to prepare your future IT workforce. Essentially a tuition reimbursement program, the IT Council can work with you to establish scholarships for high demand, difficult to fill positions within your organization. Employers are involved at every step of the process—from defining minimum criteria for prospective applicants, to selecting candidates and determining their appropriate training plan, to providing paid internships or part-time jobs to scholarship recipients while they are completing their schooling.
Prospective scholarship recipients must meet basic WIA (Workforce Investment Act) eligibility as well as local CAMW! policies and guidelines regarding ITAs (Individual Training Accounts) to be considered for tuition support for pursuing degree or certificate programs in high demand/emerging industries like information technology. The training must be provided by a licensed education/training institution and all programs must appear on the CECR (Career Education Consumer Report.)
Scholarships present employers with an excellent opportunity to develop the type of talent they want (but are not able to find out in the existing labor pool)—while equipping future workers with the exact skills and experiences they will need to be successful in their job. Scholarships also promote employee loyalty and are a great way for company’s to do succession planning by providing opportunities for more seasoned IT staff to be involved in the training and mentoring of the future employee. It also provides companies with a creative way to expand or introduce a professional development/tuition reimbursement program as an added benefit to their staff.