Hanover College has received a nearly $1 million grant from Lilly Endowment, Inc. that will significantly enhance efforts to help its graduates find meaningful employment in Indiana. The award was part of $62.7 million in grants given to 39 accredited Indiana colleges and universities through the third round of Endowment’s Initiative to Promote Opportunities Through Educational Collaborations.
The grant will augment the College’s Business Scholars Program (BSP) and its new Healthcare and Biomedical Sciences Program (HBSP).
“Lilly Endowment’s grant will help students at Hanover and colleges across the state find meaningful employment in Indiana following graduation,” said Hanover President Sue DeWine.
“Hanover College’s Business Scholars Program and our new Health and Biomedical Science Program are unique in that they combine the liberal arts with career preparation. Both identify ways to reach out to employers and connect them with Hanover graduates. The state’s economy will benefit, and, most importantly, our students will greatly benefit from this program. These programs will keep talented graduates in the state helping to solve business, government and education problems.”
Research commissioned by the Central Indiana Corporate Partnership (CICP) has identified “an imbalance between Indiana’s higher education pipeline and the economy’s concentration of high-skill employment.”
The Business Scholars Program has worked to successfully correct this imbalance by matching employers with graduates who meet their needs. Established in 2004 with funding from the first two rounds of the Endowment’s initiative, the BSP places 98 percent of its graduates in jobs or post-graduate programs within six months of graduation.
This Endowment grant will enable the Business Scholars Program to build upon previous successes and raise its capacity to match a greater number of students with jobs in Indiana by establishing a statewide network of businesses and alumni to link students with mentoring, internship and employment opportunities in Indiana.
Based on the model of the BSP, Hanover’s new Healthcare and Biomedical Sciences Program (HBSP) will prepare graduates for employment and post-graduate training in healthcare fields and biomedical research in Indiana.
The HBSP will provide career discernment and enhanced preparation for students who self-identify interest in a pre-health course of study, including medicine, veterinary and dentistry fields.
This program will: incorporate career discernment for incoming and first-year students to help them choose from among the many healthcare and biomedical science career options; provide academic support and mentoring to increase retention of students expressing an interest in science, technology, education and math majors; and offer academic and administrative support for upper-level students seeking employment and applying for advanced training in healthcare and biomedical fields in the state of Indiana.
Additionally, the Business Scholars Program will increase success at matching graduates with Indiana employers by hiring a permanent director of career counseling who will build and maintain a statewide network of businesses, non-profits, and alumni for internships, mentoring and job placement; assessing and placing all students in appropriate internships; and matching students with employment in the state of Indiana upon graduation.
Both these programs rest on the core values of the College’s strategic plan, including a commitment to the liberal arts, strong writing and speaking skills, and education both inside and outside the classroom that combines intellectual and experiential preparation.
Published Thursday, December 12, 2013