Arch Mortgage Insurance Company has entered into a partnership with North Carolina A&T State University, the largest historically Black colleges and universities in the nation, to create a scholarship program designed to provide financial support and real-world experience for high-achieving students. Arch Mortgage is headquartered in Greensboro, just about a mile away from the campus of North Carolina A&T State University.
As part of its five-year commitment, Arch Mortgage will provide scholarships and on-the-job experience to students chosen from a competitive application process. Selected in the spring of their sophomore year, Arch MI scholars will complete a paid summer internship with the company before their junior and senior years and be awarded scholarships to help fund their studies for the following academic year. Upon graduation, the scholars will be eligible for a one-year paid fellowship with the company.
The program will focus on students with majors in high-demand fields within the insurance industry. These include accounting, finance, business information systems analytics, business management, economics, information technology, and mathematics.
“We are very excited about partnering with Arch MI to support, train, and educate the next generation of science and technology leaders,” said Abdellah Ahmidouch, dean of the College of Science and Technology at North Carolina A&T State University. “The fact that Arch MI is based in Greensboro adds value to this partnership. Indeed, it relates directly to the distinctive land-grant mission of the university and the college of leveraging our expertise and skills to enhance the economic vitality of the Piedmont Triad region and the state of North Carolina.”