Money watch


Five Big-Time Donations Funding Higher Ed

The GACET School of Information Security and Applied Computing cybersecurity program is one of EMU’s fastest-growing majors and a national leader in offering education and training to defend against cyber-attacks and protect sensitive and personal data. It was among the first in the U.S. to offer a cybersecurity major and secure ABET accreditation and a National Security Agency (NSA) certification. The program provides undergraduate and graduate degrees and a flexible combination of online and in-person courses to meet the demand for personalized instruction and career-oriented. The NSA redesignated EMU’s GACET as a National Center of Academic Excellence in Cyber Defense this year through the 2028 academic year. “Cybersecurity and other related fields, including artificial intelligence, internet of things, and embedded systems, are among the fastest growing fields of interest to individuals as well as public and private employers,” said Mohamad Qatu, dean of the GameAbove College of Engineering and Technology. “These areas of study and research are touching our lives in many ways. Job growth in these areas is amongst the highest in the nation and worldwide.”

bp announced this spring it is investing $4.05 million in three historically Black colleges and universities (HBCU) to provide students with scholarship funding, exposure to the energy industry, and career development experience. As part of bp’s new HBCU Fellowship Program, Florida A&M University, North Carolina A&T University, and Prairie View A&M University will each receive $1.35 million, covering five full scholarships per year at each school for three years for a total of 45 full scholarships during that period. Students who successfully complete the program will be provided with opportunities for additional development, including internships.

Mark Crawford, bp’s senior vice president, global diversity, equity and inclusion, said: “We need the best and the brightest talent as we transform our company. We are thrilled to work with these great universities and provide students with an opportunity to earn a degree while giving them real-world experience in the exciting and evolving energy sector.”

The donation builds on bp’s aim for greater diversity, equity and inclusion for its workforce and customers. The company has taken steps in recent years to develop a global framework for action to guide its efforts in the areas of talent, accountability, and transparency. As a result, it has launched gender and minority ambitions and designed programs supporting the development of ethnic minority talent.

The Estée Lauder Companies (ELC) donated $200,000 to Bucks County Community College, a public community college located nearby ELC’s long-held manufacturing and distribution operations in Bristol, PA. This donation, which marks the largest single corporate investment the college has received in its 60-year history, will help advance supply chain education and employment opportunities for students in the local community and lay the foundation for a comprehensive, multi-year career readiness program. “As one of the world’s largest manufacturers and distributers of prestige beauty products, The Estée Lauder Companies is committed to investing in the supply chain talent of the future,” said Roberto Canevari, Executive Vice President, Global Supply Chain, The Estée Lauder Companies. “We are thrilled to offer Bucks County Community College students an opportunity to advance their education and be exposed to the vast career opportunities available in supply chain.”

This donation is expected to fund scholarships for local students with expressed interest in supply chain to complete their two-year Associates degree at Bucks County Community College on-campus or online. Students will obtain experiential learning opportunities at ELC’s Bristol, PA facilities to gain real-world insights into supply chain, manufacturing, and distribution operations. ELC leaders will also serve as mentors for these students.

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Kevin Hogan