GlobalFoundries Announces New Scholarship Program

27 Sep 2022

GlobalFoundries Inc. (GF) (NASDAQ: GFS), a global leader in feature-rich semiconductor manufacturing, announces its first scholarship program for students at Vermont Tech. The GF Scholarship Program will offer an annual $5,000 scholarship and a paid summer internship to three selected candidates from Vermont Tech’s Mechanical/Manufacturing Engineering Technology, and/or Electrical/Electromechanical Engineering Degree, and/or Diesel, and/or Automotive Technology Program.

“Vermont Tech graduates continue to impress me with their knowledge and skills, work ethic, and their unique ability to learn and apply in any work setting, based on the hands-on experience they gain during their college education,” said John Lafreniere, Fab 9 Deputy Director of Engineering Operations at GF, who graduated from Vermont Tech in 1987 with an associate degree in Electrical Engineering Technology and later earned a bachelor’s degree in Business Technology and Management. “Higher education accelerates the career path for our employees, helping them get where they want to go faster with significant ROI for their investment in at least two years of college.”

The scholarships will be awarded as follows:

  • Two $5,000 scholarships for freshman going into their sophomore year earning an associate and/or bachelor’s degree in the included programs.
  • One $5,000 scholarship for a junior going into his or her senior year earning a bachelor’s degree in the included programs.

“We are elated to deepen our relationship with GlobalFoundries,” said Kelly Boulan, Development and Alumni Relations specialist at Vermont Tech. “This generous scholarship program builds on the GF apprenticeship program and lunch-and-learn lecture series, among so many other ways GF supports our students. We are pleased to offer yet another opportunity for students to succeed and thrive in their post-graduate careers.”

Though priority will be given to Vermont residents, the scholarships are open to out-of-state students. Candidates must be enrolled in the Mechanical Engineering Technology and/or Manufacturing Engineering Technology and/or Electrical/Electromechanical Engineering Degree Program and/or Automotive Technology Program and/or Diesel Technology Program and maintain a 2.5 GPA or higher. To fully receive the $5,000 scholarship, students must successfully complete GF’s paid summer internship.

“During my time at Vermont Tech, I learned hands-on technical skills as well as how to communicate in a professional environment. These are attributes that have allowed me to succeed across my career from machining and welding, to teaching and now in engineering,” said Wesley McEntee, Equipment Engineer, GF, and Vermont Tech graduate (MEC 2016 & MAN 2018).

GF will announce the inaugural scholarship awardees at a formal dinner being held on October 25, 2022.

“The education and experience that I received at Vermont Tech prepared me to effectively learn and apply new knowledge for every role I have undertaken at GlobalFoundries. This has enabled me to successfully grow my career through the years from a Technician to my current Engineer position,” said Benjamin Broe, Equipment Engineer, GF, and Vermont Tech graduate (EET 2000 & BUS 2010).