Providence, RI (STL.News) Governor Dan McKee and Rhode Island Commerce today announced the re-opening of applications for the Wavemaker Fellowship program, a competitive student loan reimbursement program for recent graduates working in STEM (Science, Technology, Engineering, and Mathematics) and certain design fields.
The Wavemaker Fellowship awards graduates working in STEM and design jobs in Rhode Island with a refundable tax credit that can cover student loan payments up to $6,000 per year for up to four years. More information, including the application, is available at wavemaker.commerceri.com.
“Student debt is one of the biggest burdens facing our college graduates,” said Governor Dan McKee “The Wavemaker Fellowship is an innovative and important program that not only provides relief for our graduates and helps Rhode Island retain our skilled STEM and design talent, but it’s also a great recruiting tool for our local companies.”
“The Wavemaker Fellowship program is a proven differentiator in the fight for STEM and design talent,” said R.I. Secretary of Commerce Stefan Pryor. “Companies consistently tell us that it’s a top priority for them to attract a skilled workforce in the STEM and design fields. This program gives our business community a competitive edge while also giving individuals needed relief from student debt.