Financing Interns
Resources to help businesses locate funding to pay interns and to develop costing in the budget process going forward.
Employer Resources for Paying Interns
Work Study:
Non-profit partners of local universities may be eligible to participate in the Work Study program. In order to do so, an application must be completed and approved and the non-profit organization would have to hire a Work Study-eligible student. Positions through Work Study are limited to part-time and the employer would only have to pay 25% of the student’s salary.
(Is there a centralized source of information about Work Study that we could refer employers to?)
The Scripps Howard Foundation
Provides salaries for interns that work for approved non-profit companies. An application must be submitted and approved and I believe there is a two-year waiting list. They cover the cost of an intern from these majors only: marketing, communications and journalism and the student must be a junior or a senior pursuing a degree in one of these programs. These positions are limited to 10 hours per week.
Gen-1 Grant – Non-profit companies who hire a student from UC’s Gen-1 program can be reimbursed for their intern’s salary.
Other potential funding sources include: