Fri December 14, 2012
Ohio Grants Will Fund College Internships
An $11 million investment by the state of Ohio will create as many as 3,500 internships and co-ops for college students.
The Dayton Daily News reports that grants will be funded through casino license fees and are contingent upon the approval of the Ohio Controlling Board in January.
Experts tell the newspaper that the investment could help keep college graduates in the state and draw key industries to Ohio.
In total, 10 colleges and 13 public or private universities will receive grants, which require matching funds from employers. The University of Cincinnati, Ohio State University and Wright State University will receive the highest amounts, at $1.8 million, $1.5 million and $1.3 million, respectively.
The money is expected to help schools fight the so-called "brain drain" from the state.