$3M endowment for scholarships given to Embry-Riddle by Boeing
The Boeing Company announced March 7 it will provide a $3 million permanent endowment for scholarships at Embry-Riddle Aeronautical University (ERAU) to help individuals interested in pursuing a pilot’s license and certificates in aviation maintenance.
The scholarships will seek to strengthen the ranks of underrepresented populations in the pilot workforce, particularly women and persons of color as well as veterans.
The announcement was made during the 18th annual U.S. Chamber of Commerce Aviation Summit.
Boeing will collaborate with Embry-Riddle to make scholarships available as early as this fall, with funds going to all campuses, including Prescott.
“Boeing and Embry-Riddle share a deep commitment to diversity and inclusion,” said ERAU President Dr. P. Barry Butler. “Like the aviation industry, Embry-Riddle has a truly global presence.”
Butler added that he is honored to partner with Boeing in order to help provide educational opportunities for a broader spectrum of aspiring aviators.
“It is critical that we tap into the entire potential talent pool. Transformative business solutions spring from diverse teams that empower many different perspectives around the table,” he said.
According to Boeing’s 218 Pilot and Technical Outlook, the industry will need 790,000 new civil aviation pilots and 754,000 new maintenance technicians to fly and maintain the world fleet over the next 20 years.
Information provided by Embry-Riddle Aeronautical University.