Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving
science, today announced an investment in STEM education that will
allocate nearly $700,000 per year to support scholarships at some of the
world’s most prestigious universities.
The company has established a competitive program to provide financial
assistance to students who are pursuing an undergraduate degree or
equivalent in a STEM field (science, technology, engineering and math)
at five premier institutions globally: Massachusetts Institute of
Technology; University of Wisconsin-Madison; University of
California-Berkeley; Imperial College London and Fudan University in
Shanghai. These schools are also located in regions where Thermo Fisher
has a significant presence.
“Thermo Fisher is dedicated to instilling a passion for STEM education
in students who may one day be our employees, or our customers,” said
Marc N. Casper, president and chief executive officer of Thermo Fisher
Scientific. “By making education more accessible for some of the
brightest young minds, we hope to have a positive impact on industries
that are using science to improve healthcare, the environment and public
safety.”
The STEM Scholarship Program will provide funding to 44 students
annually. The company intends to grow the program to full maturity in
four years with 164 students.
Eligible students must be admitted to one of the five institutions,
where they would expect to complete a bachelor’s degree, or equivalent.
Applicants are required to demonstrate strong academic skills along with
a focus in a STEM-related discipline and a commitment to community
involvement. Scholarships will be renewable for up to four years,
pending academic achievement and continued full-time enrollment in an
approved field of study.
As the world leader in serving science, Thermo Fisher Scientific
promotes science education by supporting initiatives that inspire
students to pursue studies in STEM fields. The new scholarship program
is part of its overall multimillion-dollar commitment to STEM education,
including support of the Mass Math + Science Initiative, the Pittsburgh
Promise, The Life Sciences Foundation and numerous activities through
its Community Action Councils worldwide. Further details on Thermo
Fisher’s corporate social responsibility program can be found in the
company’s latest report, available at www.thermofisher.com/csr.
Students interested in learning more about the Thermo Fisher Scientific
STEM Scholarship should contact the respective school’s financial aid
office. Administration and management of the program varies at each
school.
About Thermo Fisher Scientific
Thermo Fisher Scientific Inc. (NYSE: TMO) is the world leader in serving
science. Our mission is to enable our customers to make the world
healthier, cleaner and safer. With revenues of $13 billion, we have
39,000 employees and serve customers within pharmaceutical and biotech
companies, hospitals and clinical diagnostic labs, universities,
research institutions and government agencies, as well as in
environmental and process control industries. We create value for our
key stakeholders through three premier brands, Thermo Scientific, Fisher
Scientific and Unity Lab Services, which offer a unique combination of
innovative technologies, convenient purchasing options and a single
solution for laboratory operations management. Our products and services
help our customers solve complex analytical challenges, improve patient
diagnostics and increase laboratory productivity. Visit www.thermofisher.com.
Copyright Business Wire 2013