The philanthropic and corporate social responsibility (CSR) arm of the multinational information technology company, Infosys Foundation, announced the launch of a scholarship program called ‘STEM Stars’ to support education in fields of Science, Technology, Engineering, and Mathematics for underprivileged girl students.
"As part of the first phase of this program, over 2,000 girl students across the country, who intend to pursue higher education in any of the STEM fields from reputed colleges, will be given financial assistance for four years," the N R Narayana Murthy-owned company disclosed in its statement. The company has acknowledged that the primary factors that prevent students from choosing STEM courses are lack of access, mentorship and monetary issues.
Infosys' STEM Stars scholarship will cover tuition fees, living expenses, and study materials of up to US $1203.51 annually for the duration of the course. In its inaugural year, the scholarship will cover NIRF (National Institutional Ranking Framework) accredited institutes such as IITs, BITS-Pilani, NITs, and renowned medical colleges.
Sumit Virmani, the trustee at Infosys Foundation, said, “At Infosys Foundation, we believe it is vital to support education for underprivileged girl students and to help them realize their potential. Beyond serving just the individual, we have seen that education for women positively impacts the schooling of their children, in turn, thus keeping opportunity disparities from becoming a generational issue."
Virmani reasoned that STEM Stars’ scholarship program seeks to empower aspiring girl students with a holistic educational ecosystem. "We believe this is key to moving our nation forward,” the official said.
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