WPS expands Diversity in Insurance scholarship at Madison College
WPS Health Solutions has increased its support of five students currently enrolled in Madison College's Risk Management and Insurance program.
In 2020, the WPS Charitable Foundation established the Diversity in Insurance scholarship to allow underrepresented students the opportunity to earn an insurance certificate through Madison College. The Urban League of Greater Madison worked with Madison College to enroll students in the 14-credit Insurance Certificate for the Business Professional program under full scholarships.
A second financial commitment of $25,000 to the Madison College Foundation from the WPS Charitable Foundation will broaden that support to include:
• Continued financial commitment
• Academic support
• Mentorship and networking
• Designated internships at WPS Health Solutions
In addition, the scholarship will now fund a 35-credit technical diploma for students instead of a professional certificate, which means students will:
• Qualify for additional financial aid, if necessary
• Receive additional time to be integrated with WPS Health Solutions
• Complete an internship as a required component of the program
• Gain a broader background in insurance with the additional programming and internship
“The additional academic support and funding from WPS Health Solutions will provide five full scholarships to students who have been historically underrepresented in the insurance industry,” said Dr. Jack Daniels, president of Madison College. “These scholarships will allow students to attain a broad knowledge of the industry and increased knowledge of career opportunities that will lead to successful employment in the insurance industry.”
“We are proud to partner with Madison College and the Urban League of Greater Madison to intentionally increase representation across a field that has historically been homogenous," said Jihan Bekiri, WPS Vice President of Diversity, Equity, and Inclusion. “We are inspired by our 2021-22 scholarship recipients and are committed to their future success."
The scholarship program is a key component of WPS Health Solutions’ investment in diversity, equity, and inclusion. The scholarship is intended to help diversify the pipeline of talent while building authentic relationships with community organizations.
Interested in a career in Risk Management and Insurance?
Learn more about Madison College's program.