Boeing awarded a $3 million grant to Embry-Riddle Aeronautical University (ERAU) aimed at accelerating the school’s pilot training and aviation maintenance programs at the 18th Annual U.S. Chamber of Commerce Aviation Summit on Thursday. The grant will create a permanent endowment to fund annual scholarships for flight training, maintenance training and certification costs. Scholarships will be available to all students but will focus on increasing the number of military veterans, women and minority students enrolled in the college’s flight and maintenance programs.
“It’s essential that industry and higher education work together to increase the pipeline of aerospace talent,” said Boeing CEO Dennis Muilenburg. “Our partnership with Embry-Riddle demonstrates Boeing’s commitment to the continued growth and diversification of the global aerospace industry. Through this grant, we’ll help more students—with more diverse backgrounds—learn with greater efficiency and perform more effectively once on the job.” According to ERAU, the scholarships could be available as early as the upcoming fall semester.