“We’re continuously expanding our efforts to provide educational and career development opportunities for the next generation of talent at SVB, and as part of that effort we wanted to add direct financial support for students who need it most,” said Chris Edmonds-Waters, Chief Human Resources Officer of SVB. “This partnership will fund educational opportunities that otherwise might have been out of reach for students receiving these scholarships. Whether or not the recipients consider working at SVB someday − and we hope they do − we are thrilled to be in a position to create opportunities to support their future success.”
FAMU will allocate the funds based on applicants’ financial needs and academic performance. Each scholarship will also include a paid summer internship, including housing costs, at one of SVB’s US locations for each recipient while they are attending university.