Duke Energy invests $600,000 in North Carolina’s community colleges to build next generation workforce
Summary
A $100,000 grant will also support the Forward Fund to help students in Southeastern North Carolina attain high-wage employment opportunities.As North Carolina continues to deploy modern energy infrastructure and meet the needs of a growing state, Duke Energy Foundation is investing in programs that will build the next generation workforce and create access to training and job skills that fit community needs. TFF provides zero-interest loans to cover essential life expenses like transportation and child care, allowing students to focus on school full time. Repayments begin after participants earn a minimum salary requirement and are cycled back into the fund for loans to future learners. "The Forward Fund is thrilled to receive this grant from Duke Energy Foundation to expand access of our customized, student-centered financing to students enrolling in proven Electrical Lineworker programs in Southeastern North Carolina and across the state, said Meaghan Dennis, founder and chief executive officer. Our zero-interest loans cover tuition, fees and life expenses for students during the program, removing the financial hurdles that may prevent them from enrolling or graduating.
Funding
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