State Farm has donated $30 million to Arizona State University (ASU) to help fund the university’s new career development program, “Pathways for the Future.”
The “Pathways for the Future” program offers financial aid to Maricopa County Community College and ASU students who want to enroll in online ASU courses. In addition to university students, the program is also open to local high school students, as well as career professionals looking to compete for new and evolving jobs, a release said.
The courses allow students to gain skills in three academic tracks, including STEM/engineering, business/leadership, and humanities/social sciences.
ASU hopes that the program will help tomorrow’s workforce to better adapt, learn, and transition to new and emerging employment opportunities.
“Technological change holds enormous promise and the potential for job creation. It also challenges employees, employers and students and presents a change we all must adapt to,” said State Farm chairman and CEO Michael Tipsord. “Today represents a new milestone in our relationship with ASU and builds on our corporate commitment to prepare not only for what’s coming, but for what is already happening.”
“State Farm has been a good neighbor to ASU for the past several years – our aligned values and our mutual commitment and investment of human and financial capital makes for an ideal partnership in Pathways for the Future,” commented ASU president Michael Crow.
Crow added that ASU believes in the evolving model of universal learning, and is all for making higher education more accessible to anyone – regardless of socioeconomic background, and at any point in their lives.