Infosys Foundation, the philanthropic and CSR arm of Infosys, today announced that it has launched a scholarship program called ‘STEM Stars’ to support education in STEM (Science, Technology, Engineering, Mathematics) fields for underprivileged girl students. The program aims to encourage and provide financial assistance, thereby helping them pursue an undergraduate degree in STEM. As part of the first phase of this program, over 2,000 girl students across the country, who intend to pursue higher education in any of the STEM fields from reputed colleges, will be given financial assistance for four years.
In India, the primary factors preventing students from choosing STEM courses are lack of access, mentorship, and monetary constraints. The STEM Stars scholarship will help cover tuition fees, living expenses, and study materials of up to INR 1 lac annually for the duration of the STEM course. In its inaugural year, this scholarship will cover NIRF (National Institutional Ranking Framework) accredited institutes that include, the IITs, BITS-Pilani, NITs, and renowned medical colleges.
Sumit Virmani, Trustee, Infosys Foundation, said, “Poverty denies many youngsters, in India, the right to education, and girls are often the most impacted. At Infosys Foundation, we believe it is vital to support education for underprivileged girl students and to help them realize their potential. Beyond serving just the individual, we’ve seen that education for women positively impacts the schooling of their children, in turn, thus keeping opportunity disparities from becoming a generational issue. That’s why, the ‘STEM Stars’ scholarship program seeks to empower aspiring girl students with a holistic educational ecosystem. We believe this is key to moving our nation forward.”
Aspiring girl students who wish to apply for the scholarship can visit: https://apply.infosys.org/foundation
About Infosys Foundation
Established in 1996, the Infosys Foundation supports programs in the areas of education, rural development, healthcare, women empowerment, arts and culture, and destitute care. Its mission is to work with the underprivileged across the country and strive towards a more equitable society. The Infosys Foundation takes pride in working with all sections of society, selecting projects with infinite care, and working in areas that are traditionally overlooked by society at large.
For more details, please log on: https://www.infosys.com/infosys-foundation
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
Certain statements in this release concerning our future growth prospects, or our future financial or operating performance are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, and our corporate actions including acquisitions. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
For more information, please contact: PR_India@infosys.com