As the concern over the future of car repair and customization continues, the Specialty Equipment Market Association offers what figures to be part of the solution, $5,000 scholarships for students pursuing careers in the automotive or performance parts industries.
Applications for scholarships are open through March 1, SEMA said.
“The SEMA Memorial Scholarship Fund offers financial assistance of up to $5,000 to foster the next generation of automotive aftermarket industry leaders and innovators,” the organization said in its announcement.
“A loan-forgiveness component is also available to employees of SEMA-member companies who have completed and are currently paying off a loan for a program of study at an accredited university, college, or vocational/technical school within the United States.”
“College is expensive, and for current students and recent graduates who have outstanding student debt, receiving a SEMA scholarship or loan forgiveness can help ease financial concerns,” the announcement quoted Chris Standifer, project manager for “recognition programs” at SEMA.
“Reducing costs also means students have more time to focus their studies toward a career in our industry. This gives them a competitive advantage empowering them to reach their academic and career goals.”