Considerable financial assistance is available to women pursuing careers in STEM.

Women are vastly underrepresented in STEM professions, and many financial problems arise for the few in science, technology, engineering, or mathematics. This is why many companies and organizations offer scholarships and other financial assistance to help bridge the gender gap in these critical areas.

According to Bureau of Labor Statistics… What’s more, according to the US Department of Commerce, for every dollar a man earns in STEM, a woman earns 14 cents less.

“Expanding access to higher education opportunities is one of the best strategies to close the gender gap in STEM fields,” said Rachel Morford, president of the Society of Women in Engineers. “Scholarships help kickstart this positive trend by helping fund women’s access to undergraduate, graduate and doctoral STEM programs. Scholarships are also vital to the success of these programs as they give students more opportunities to focus on their classroom work. Design projects, do research, or internships are all helping to keep women in STEM fields before and after graduation. ”

STEM Scholarships for Women

There are many scholarships available from organizations, foundations and companies that are available to women in STEM careers.

The Society of Women of Engineering (SWE) is a pioneer in supporting students whose gender identity is female seeking ABET (Accreditation Council for Engineering and Technology) accredited undergraduate or graduate programs in engineering, engineering and computer science. … In addition to on-campus student support, in 2020 SWE provided 260+ new and updated scholarships which brought students from all over the world a total of $ 1 million. SWE simplifies the application process as one application submission allows students to qualify for all applications that matter to them.

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Microsoft conducted a study that found that only 7% of women, compared with 15% of men, graduated from college in 2016 with a degree in science, technology, engineering, or mathematics. In addition, women tend to pursue science degrees in lieu of engineering, math, or computer majors, and pay less than men… Offered by Microsoft scholarships for women who plan to pursue careers in STEAM (Science, Technology, Engineering, Arts and Mathematics) at the college level.

“Access to scholarships can help alleviate some of the burden women face today, and it is vital for them to get an education that gives them the same seat at the table as their male classmates,” said Sasha Ramani, Deputy Director of Corporate Strategy at MPOWER Financing, which offers scholarships to women seeking careers in STEM. “All of this can help close the gaps not only for women, but also for women from under-represented communities.”

Some other fellowships for women in STEM careers include: BHW Women in STEM Fellowship, Virginia Heinlein Fellowship, Science Ambassador Fellowship funded by Cards Against Humanity, ABC Humane Wildlife Women in STEM Fellowship, Adobe Girls Who STEM Fellowship, Women in Technology, Hyundai Women in Stem Fellowship and Amazon Future Engineer Fellowship Program.

Scholarships specifically designed for women in engineering careers include the Palantir Women in Technology Fellowship, the Lynn G. Bellenger Fellowship, and the UPS Female Student Fellowship.

Application process

Kaylene Moss, a computer science graduate from Marist College, has applied for hundreds of scholarships she has found through databases, social media, or internet searches. She won the Generation Google Scholarship.

Kaylene Moss, Senior Computer Science Specialist at Marist College

Source: Stephen Howard

Moss says the “application process was long” she had to answer three essay questions and provide a resume and academic transcript. One of her essays was about how she established the Marist College branch of the National Society of Black Engineers, the second was about her proposed solutions to many of the problems that underrepresented tech groups face when choosing a tech career, and the third illustrated her financial needs.

Applicants were assessed based on their financial needs, commitment to diversity and inclusion, leadership and academic performance.

Some scholarships require you to write an essay, while others ask for video or artwork. And the application process takes time. Moss advises focusing on the scholarships that best suit your way of communicating. So if you love writing, skip to the essay. If you naturally love filming, take advantage of the scholarships that require video.

A candidate is more likely to win a scholarship if the number of applicants is small, so students should apply for smaller local scholarships in addition to the larger national scholarships to increase their chances of winning.

Olivia Haberberger, Senior Student in Business Information Systems and Accounting at the University of Pittsburgh, is a recipient of the Pitt Success Grant and the Addison H. Gibson Foundation.

Olivia Haberberger, Senior Student, Business Information Systems and Accounting, University of Pittsburgh

Source: Maddie Haberberger

The Pitt Success Grant was a need-based grant, so all Haberberger had to do to get it was to complete the FAFSA (Free Student Aid Application) every year and meet certain criteria for the cumulative GPA. The Addison H. Gibson Foundation Grant was also provided on an as-needed basis. Haberberger wrote a thank you letter to express her appreciation.

Success strategies

Haberberger advises other students to “defend themselves” and “think about how much time and energy you have to apply.”

It’s important to start research as early as possible and stay organized so you don’t miss a deadline, experts say., a site where students can seek scholarships and other financial aid.

The Education Quest Foundation warns that procrastination can make you rush at the last minute and then risk making a mistake in your statement. They advise students to always proofread the supplements to reduce spelling and grammatical errors. And ship it early – sometimes it can be critical.

Rachel Morford stresses that you should “start research and preparation as early as possible!” For example, if you delve deeper into everything the Society of Women of Engineers has to offer, you will find that there is a basic application for scholarships awarded at the organizational level, but some of the local professional sections also have scholarship programs that you can apply for. for too.

“Talk to your school counselors and counselors and your college or university career center as they are likely aware of the opportunities available,” Morford said.

“Funding is often biggest barrier to education– especially for international and DACA students, ”Ramani explained. (DACA stands for Delayed Child Arrival Action, referring to the policy to protect children who were brought to the United States at a young age from deportation.)

“If you are interested in pursuing a STEM degree, the best advice we can give is to do research and evaluate the funding options available to you,” Ramani said. “For example, the Society of Women of Engineers website has many resources to help, and your university may have resources to share. Funding is usually available; it is simply a matter of accessing it and evaluating what is right for you when it comes. to loan repayment terms, scholarship requirements, work-study expectations, etc. “

According to Ramani, MPOWER is trying to help remove obstacles for students. “We assess a student’s ability to repay a loan using a unique set of credit-side considerations. This leads to better results and fewer deferrals or defaults. In terms of scholarships, we evaluate each student’s application in terms of their achievements, goals, and needs. “

Grace Ulmer, an undergraduate student in Electrical and Linguistics at Purdue University and recipient of the Palantir Women in Technology – North America Fellowship in First Year, suggests “regularly look for scholarships to apply for, and when you find one that interests you, put a date on the calendar! ”

While Ulmer found that the application process was not as rigorous as expected, she still had to answer questions regarding her grades and courses, as well as short essay questions about why she chose her discipline and why it matters to women. have these opportunities.

Grace Ulmer is an electrical and linguistics student at Purdue University.

Source: Ryan Villarreal

Ulmer decided to write three short essays about projects that she loved and how she was able to overcome the obstacles to completing them. She has written about her passion for student organizations of which she is a part, including “TEDxPurdueU, which hosts an annual TED conference each year, and PurdueVotes, which focuses on voter engagement and learning in our community.”

She would also recommend looking for scholarships that match what you are good at. For example, there are scholarships that accept presentations or videos on any topic that interests you.

“These are great options to show who you are and give the selection committee a better view of you,” Ulmer said.

In addition to doing your own research online and liaising with your school’s career centers and financial aid offices, there are many organizations that are dedicated to helping you start a successful STEM career. They provide everything from helping find scholarships to career development, networking, mentoring, and overcoming barriers for women in STEM. They include:

So don’t let the cost of STEM education or anything else hold you back. Decide what you want to do, apply for a scholarship and start networking. There are many people and organizations out there to help you build a successful career in science, technology, engineering, or mathematics.

CNBC “College Voices″ Is a series of articles written by CNBC interns from universities across the country about pursuing higher education, managing your own money and starting a career at this extraordinary time. Allison Martin is an intern for two terms in CNBC’s Product and Technology Division. She is a senior lecturer at Virginia Commonwealth University, pursuing a dual degree program in computer science with a specialization in data science and psychology with a dual secondary education in actuarial sciences and mathematics. TV series edits Cindy Perman

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