“The scholarship recipients were selected from hundreds of applicants,” Simon Nagata, chief administrative officer, Toyota North America, noted in a statement. “Toyota is proud to recognize and invest in the outstanding academic achievements of these 10 scholars. The commitment to community service and personal excellence of these future leaders is truly inspiring, and we are excited to be a part of their journey.”
With STEM (science, technology, engineering and math) professional jobs going unfilled, Toyota is preparing to fill the pipeline with qualified candidates. The scholarships were awarded to college students who are majoring in either STEM or business academics, states Toyota.
Students also had to demonstrate participation in community service and a financial need. The $25,000 scholarship is renewable each year for a maximum three-year period. In order to receive the award each year, the students must maintain a minimum cumulative GPA of 3.0 throughout the school year.