Charter Doubles Investment in Spectrum Scholars, Will Award $400,000 Annually to Eligible College Students
STAMFORD, Conn. – Charter Communications, Inc. today announced it will double its investment in Spectrum Scholars, the company’s college scholarship program for underrepresented students with financial need. Beginning with the 2022-2023 academic year, Charter will award scholarships to a new class of 20 rising college juniors annually instead of biennially, for a $400,000 total yearly commitment. Charter is currently accepting applications here from eligible students for the next class of Spectrum Scholars.
“We launched Spectrum Scholars two years ago to support students representing the diverse communities we serve and to better develop our future workforce through career mentorship and internship opportunities,” said Paul Marchand, Executive Vice President and Chief Human Resources Officer for Charter. “With our first class of Scholars set to graduate this spring, now is the perfect time to double down on our commitment and expand Spectrum Scholars to provide financial assistance to twice as many college students. We look forward to welcoming the next class of Spectrum Scholars and to introducing them to the many career paths available with Charter.”
Spectrum Scholarships Lead to Internships and Professional Development
Charter is partnering with Scholarship America, the nation’s largest scholarship and education support organization, to administer the program and assist with the selection of Spectrum Scholars recipients. To be considered, applicants must be rising college juniors with financial need and identify as Asian/Pacific Islander, Black/African American, Hispanic/Latino and/or Native American. The 20 students selected annually will each be awarded $20,000 total, half during their junior year and the other half in their senior year, and participate in a structured, two-year program that will focus on professional development. Students will be assigned a Charter mentor and be given the opportunity to pursue an internship at one of Charter’s corporate offices in Stamford, Charlotte, St. Louis and Denver, including roles with Spectrum Enterprise and Spectrum Networks.
Launched in May 2020, the inaugural class of Spectrum Scholars represented 18 schools, including Brandeis University, Georgetown University, Howard University, North Carolina State University, Ohio State University, University of Southern California and Texas A&M. Fields of study included Accounting, Business Administration, Computer Science, Cybersecurity & Networks, Economics, Marketing, Mechanical Engineering and Science & Technology. Several students participated in internships, including roles with Charter’s Community Impact team, Spectrum Networks and Spectrum Enterprise. Information about Charter’s inaugural Scholars class is available here.
More information about how to apply, as well as program eligibility and selection criteria, is available here. The deadline for applications is February 28; winners will be announced in May and scholarships will be awarded in August.
Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 31 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.
For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.