Sponsorships are designed to assist students with the affordability of their college education and assist businesses with recruiting and retaining qualified employees for industries that are experiencing a workforce shortage.
What is a Student Sponsorship?
A student is considered "sponsored" when a company recruits or is matched with a prospective or current NDSCS student who shows potential and interest as a future employee of the company.
Employers typically form a contractual agreement with a student outlining the expectations and incentives for both parties. The student enrolls in a NDSCS academic program that will provide the education and training appropriate for the skills needed by the company in exchange for on-the-job training or employment later.
While there is no single model for sponsoring students, there are many common characteristics that have proven to be highly effective, such as:
Your company’s ability to sponsor a student while at NDSCS, with guaranteed employment after graduation, could make all the difference in the student choosing your company over others.
Highly Skilled Employees
Students are gaining experience on the latest technology and equipment while learning about techniques in their field.
Retain Quality Employees
Educational sponsorship agreements can be set up to guarantee sponsored students will stay with your company for a certain time frame following graduation.
Become a Partner in Education
Sponsorships provide an opportunity to become partners in the educational process and help train tomorrow’s workforce.
Possible Tax Incentives
Student sponsorship costs may be tax-deductible or qualify for other incentives.
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