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 Lockheed Martin Launches $30M STEM Scholarship Program

Lockheed Martin has launched a science, technology, engineering and math (STEM) scholarship program for high school and college undergraduate students planning to pursue a major in engineering and computer science.
Beginning in 2019, the Lockheed Martin STEM Scholarship program will award a $10,000 annual scholarship to 200 recipients who demonstrate financial need and come from underrepresented or underserved communities. Recipients may renew the scholarship up to three times for a total potential value of $40,000 per student.
“We’re looking for students who are creative and innovative - skills that are necessary for success in today’s high-tech economy,” says Patricia L. Lewis, Lockheed Martin senior vice president, human resources.
“As a global leader in innovation, Lockheed Martin is focused on growing and inspiring the next generation of STEM talent that will help our customers tackle the world’s toughest challenges and shape the future.”
Bethesda, MD-headquartered Lockheed Martin is a global security and aerospace company that employs approximately 100,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. This year, the company received three Edison awards for groundbreaking innovations in autonomy, satellite technology and directed energy.
The company’s new STEM scholarship program will continue to add up to 200 new recipients - at $10,000 per student - each year for a minimum total investment of $30 million over five years. The program is part of a series of investments Lockheed Martin is making in education and innovation as a direct result of tax reform.
Mentoring opportunities will be a key component of the program, and recipients will also be eligible for Lockheed Martin internship opportunities following their freshman year in college. 
“What Lockheed Martin is offering students is going to provide unprecedented opportunities for years to come. It's truly a game-changer," says Raquel Tamez, CEO, Society of Hispanic Professional Engineers (SHPE).
“These are the kinds of bold initiatives we need to encourage the next generation of Hispanic engineers to not just succeed, but lead.”
“For the last decade Project Lead the Way (PLTW) has been grateful for the opportunity to work with Lockheed Martin to prepare students for careers in STEM - from school grants and Engineers in the Classroom to the Lockheed Martin high school internship program,” says Dr. Vince Bertram, president and CEO, PLTW.
“This new STEM scholarship program will make a tremendous impact on the lives of thousands of students who are interested in and passionate about continuing their STEM education.”
The application period opens on January 15, 2019, and will be administered by Scholarship America, an organization with more than 60 years of experience designing and managing scholarship programs. 
Visit the STEM Scholarship page at lockheedmartin.com/scholarship to learn more about eligibility requirements and to be notified when the scholarship application opens.
Treat as Sidebar/Artwork for this Story (216 words); note the source line, see below:
Eligibility Requirements
Students who demonstrate financial need and come from an underrepresented group or underserved community will be eligible to receive a Lockheed Martin STEM Scholarship. Applicants must also meet the following criteria:
Majoring or planning to major in aerospace engineering, electrical engineering, industrial engineering, mechanical engineering, electrical and computer engineering, computer engineering, computer science, systems engineering, math, physics, information systems/management information systems or information assurance
High school senior with a 3.5 or above GPA
Freshman/sophomore undergraduate students with a 3.0 or above GPA
Attending or planning to attend an accredited, U.S., four-year college or university
U.S. citizen
Be willing to consider a paid internship with Lockheed Martin following their freshman, sophomore or junior year of college, other circumstances notwithstanding (note: the internship is not required to receive a scholarship)
Preference will be given to:
People of color
People with disabilities
Individuals who identify as LGBTQ
Those that are or will be first-generation college students
Those attending or planning to attend a Lockheed Martin partner institution
Those who have taken Project Lead the Way (PLTW) classes in high school
Students that have demonstrated leadership capabilities (evidenced by volunteerism, mentoring younger students, STEM-focused extracurricular activities, work experience)
Those with a compelling personal story and/or family circumstances (i.e., military family)
Source: Lockheed Martin STEM Scholarship web page
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