Financial assistance

Entergy provides $1 million to help LCTCS kick off implementation of MJ Foster Promise program – The Observer

BATON ROUGE, The. – Entergy Louisiana is committed to helping develop the workforce of tomorrow by supporting educational initiatives that tap into the rich diversity of the communities it serves.

The company today announced that it will provide $1 million over three years to the Louisiana Community and Technical College System (LCTCS) Foundation to help jump-start the MJ Foster Pledge Programa financial aid program funded by the state of Louisiana that will help qualified residents attend two-year colleges or accredited private schools and receive training for high-demand jobs in growing industries.

Entergy Louisiana President and CEO Phillip May was joined in the announcement by Governor John Bel Edwards, President of the Louisiana Senate, Page Cortez, Speaker of the Louisiana House, Clay Schexnayder, Louisiana Higher Education Commissioner Kim Hunter-Reed, LCTCS President Monty Sullivan, and LCTCS Director. Advancement Tarie Roberson. The group discussed how the MJ Foster Promise program was developed, supporting legislation, and what the program addresses.

According to the LCTCS, tens of thousands more adults will need to earn degrees beyond high school to fill jobs in Louisiana over the next decade. The MJ Foster Promise Program, a new $10.5 million state fund, was created to meet this need by providing financial assistance to low-income residents age 21 or older and credential seeking. of skills required for employment in areas of the workforce such as construction, healthcare, information technology. , manufacturing and transport and logistics.

“Over the past six years, we have made higher education and workforce development a top priority with record investments ranging from faculty salary increases to facility improvements to the creation and development of adoption of the MJ Foster Promise program,” Governor Edwards said. “This promised program will help break down the financial barriers that prevent our adult citizens from accessing the life-changing training and career preparation that takes place at our community and technical colleges. Today’s announcement is another example of public-private partnerships working for the people of Louisiana and the state’s economy. Thanks to Entergy for their generous contribution to this vitally important initiative. Nearly 24% of Louisiana residents, according to the LCTCS, have a high school diploma or less, and receiving educational opportunities offered at the state’s community and technical colleges could create a better quality of life for them and their families.

“We have done extensive research on the educational attainment of working-age adults in Louisiana, and the data clearly indicates that we need to invest in, support and develop the 1.1 million adults who lack the necessary skills. to participate in the changing economy of the state, and the Foster Promise program is the initial long-term strategy to improve the skills of our employees,” Sullivan said. “We are grateful to the leadership of the Legislature. and to Governor Edwards for their continued support of workforce development. Coupled with this generous investment from Entergy, we will continue to work across the state to improve the student experience and grow the adult pipeline. qualified and competent.

Entergy’s multi-year contribution will help LCTCS roll out the MJ Foster Promise program by funding efforts to:

  • Reach eligible residents and encourage them to take advantage of the program
  • Improve student support services as well as the onboarding process
  • Improve infrastructure supporting enrollment and linking students to social services
  • Complementary training equipment

“Education is key to providing opportunities and a better quality of life for our communities,” May said. “That’s why we are so proud to support LCTCS’ implementation of the MJ Foster Promise program. Good things happen when we all thrive, when we all succeed, and with the right support, I believe that’s exactly what this program can accomplish.

He added, “This is another example of local, state, and private partnerships at work to create a better future for Louisiana. We look forward to seeing many more members of our communities enter the workforce and take advantage of the quality jobs available in Louisiana.