N.C. A&T Partners with Arch MI to Provide Scholarships, Internships and Fellowships

EAST GREENSBORO, N.C. (Nov. 13, 2020) – North Carolina Agricultural and Technical State University has established a five-year partnership with Arch Mortgage Insurance Co. (Arch MI) to provide scholarship support, internship and fellowship opportunities to students in the Willie A. Deese College of Business and Economics and the College of Science and Technology (COST).

“A&T is the first university to partner with Arch MI and we look forward to working together to educate our future business leaders,” said Kevin James, Ph.D., Deese College dean. “This program with Arch MI will not only introduce business majors to the mortgage insurance industry, but it will also provide much needed scholarship support for deserving students.”

Arch MI will provide $60,000 in scholarship funds to be awarded in $15,000 installments for the duration of the partnership, which focuses on students with majors in high-demand fields within the insurance industry, such as accounting, economics, finance, management, business information systems analytics, information technology, and mathematics.

“We are very excited about partnering with Arch MI to support, train and educate the next generation of science and technology leaders,” said Abdellah Ahmidouch, Ph.D., COST dean. “The fact that Arch MI is based in Greensboro adds value to this partnership. Indeed, it relates directly to the distinctive land-grant mission of the university and the college of leveraging our expertise and skills to enhance the economic vitality of the piedmont triad region and the state of North Carolina.”

Arch MI will provide scholarships and on-the-job experience to students chosen from a competitive application process. Selected in the spring of their sophomore year, each Arch MI scholar will complete a paid summer internship with the company before their junior and senior years and be awarded a scholarship to help fund their studies for the following academic year. Upon graduation, the scholar will be eligible for a one-year paid fellowship with Arch MI.

The first scholar is expected to be named in spring 2021.

This partnership with A&T demonstrates the company’s ongoing commitment to diversity and inclusion with its aim to be an employer of first choice, said David Gansberg, CEO of Arch’s Global Mortgage group.

“This investment isn’t just an opportunity to recruit the best and the brightest to work for us,” Gansberg said. “It also allows us to make a meaningful contribution to an institution that is an anchor in Greensboro and the alma mater for a number of our employees.”