Applied Materials Momentum Fund

The semiconductor industry is growing, and with it, the opportunity to contribute to incredible advances in technology that will transform nearly every area of the economy over the coming decades.

It’s only by bringing our unique backgrounds, perspectives, and experiences together that we can build more resilient teams and achieve the next breakthrough. Through initiatives like the Momentum Fund, Last Mile Education Fund and Applied Materials are collaborating to move the industry forward, accelerating access to opportunity and strengthening pathways for women engineers.

Qualified students are eligible for all three of Last Mile’s core grants: rapid-response emergency financial assistance (mini-grants), bridge grants, and larger Last Mile grants, all to support their educational progress and help overcome unexpected financial obstacles. Momentum Fund grant recipients are encouraged to apply for Applied Materials internship opportunities.

This opportunity is available to all female students within four semesters of graduation in engineering and related majors from across the U.S. who meet the eligibility criteria.

 

  • Students who:

    Demonstrate low-income status, ineligibility for US Federal student aid, or evidence of financial need.

    Currently located in the United States.

    Are experiencing a financial obstacle that is a threat to continued progress toward your computing degree.

    And who are:

    U.S. citizens or Deferred Action for Childhood Arrivals (DACA) recipients;

    F1 Visa and Currently Attending School in the US

    Post-secondary, bachelor’s degree; student within four semesters of graduation

    • Aerospace, Aeronautical, Astronautical/Space Engineering

    • Applied Engineering

    • Chemical Engineering

    • Computer Engineering

    • Computer Hardware Engineering

    • Computer Software Engineering

    • Electrical and Computer Engineering

    • Electrical, Electronics, and Communications Engineering

    • Electrical and Electronics Engineering

    • Electromechanical Engineering

    • Engineering Chemistry

    • Engineering Science

    • Engineering Physics/Applied Physics

    • Geological/Geophysical Engineering

    • Industrial Engineering

    • Laser and Optical Engineering

    • Manufacturing Engineering

    • Materials Engineering

    • Mechanical Engineering

    • Mechatronics, Robotics, and Automation Engineering

    • Systems Engineering

    *Other majors within College of Engineering are subject to Last Mile staff review

  • Emergency Financial Assistance

    • Up to $595

    • Assists with basic needs such as food, transportation, housing, and connectivity.

    Bridge Grants

    • $600-$3,000

    • Bridges potentially catastrophic financial hurdles that could prevent progress to degree completion.

    • Enables career-building opportunities.

    Last Mile Grants

    • Up to $10,000

    • Assists in covering Seniors’ tuition and expenses for the final credits to degree completion.

    • A current transcript showing your name and major

    • A financial aid award letter showing your name or other documentation demonstrating evidence of need

    • A LinkedIn profile with a profile picture

    • A U.S.-based email address

    • Complete the online application with the documents listed above

    • Schedule and complete an interview, if requesting Bridge or Last Mile funding

    • Provide information on where payments should be sent, if requested

    • Agree to the following: If I am approved for a grant, I accept there may be tax implications for payments made directly to me or on my behalf by Last Mile Education Fund. I understand that Last Mile Education Fund may request a W8 or W9 form, and I agree to return it promptly. If I have any questions regarding taxability of any payments made directly to me or on my behalf from Last Mile Education Fund, I will consult a tax professional or service to receive guidance.

    Your responsiveness will help us to get funds to you promptly. If you respond promptly throughout the process, the time between application and receiving funds is typically 14-21 days.

    Please be sure to check you SPAM for our emails and set your spam filter accordingly, so that you don’t miss our communications!

Applications are accepted on a rolling basis.

Are you a faculty or community member who would like to recommend a student? 

Nominate them here.

The Momentum Fund is made possible by Applied Materials.