2023 Sema Scholarship Applications Now Open
Up to $5,000 available to students and recent graduates pursuing careers in the automotive aftermarket
DIAMOND BAR, Calif. – WEBWIRE – Friday, January 13, 2023
The 2023 SEMA Scholarship application period for students preparing for careers in the automotive or performance parts industries is now open and will run through March 1, 2023. Interested applicants can review and complete the scholarship application at www.sema.org/scholarships.
The SEMA Memorial Scholarship Fund offers financial assistance of up to $5,000 to foster future leaders and innovators in the automotive aftermarket industry. A loan forgiveness component is also available to employees of SEMA-member companies who have completed and are currently paying off a loan for a program of study at an accredited university, college, or vocational/technical school within the United States.
Education can be expensive, but that shouldnt limit students from getting ahead in their careers, said Pamela Brown-Matthis, SEMA Director of Education. There are so many career options in the automotive aftermarket, and its a thriving industry to be in. We encourage students who have a passion for cars to apply for a SEMA scholarship so that we can help jump-start their careers.
The annual scholarship program is a cornerstone of SEMAs efforts to support career development and access in the automotive industry. Scholarship winners will have the opportunity to attend the 2023 SEMA Show, providing unparalleled networking and education opportunities at the worlds largest trade show for the automotive aftermarket.
Applicants must be U.S. citizens 18 years or older and demonstrate a passion for automotive hobbies and careers. Scholarships are available in a variety of categories, including but not limited to accounting, sales, marketing, and engineering. Eligible students and SEMA-member company employees can apply until March 1, 2023, at www.sema.org/scholarships.
About SEMA
SEMA, the Specialty Equipment Market Association founded in 1963, represents the $50.9 billion specialty-automotive industry. The industry provides appearance, performance, comfort, convenience and technology products for passenger and recreational vehicles. Association resources include market research, legislative advocacy, training and product development support, as well as leading trade shows such as the SEMA Show in Las Vegas, Nev., and the Performance Racing Industry (PRI) Trade Show in Indianapolis, Ind. For more information, visit www.sema.org, www.semashow.com, or www.performanceracing.com.
The Ministry of Minority Affairs implements three Scholarship Schemes viz. Pre-Matric, Post-Matric and Merit-cum-Means based Scholarship Schemes for the educational empowerment of students belonging to economically weaker sections of the six notified minority communities i.e. Buddhist, Christian, Jain, Muslim, Parsi and Sikh in all States/UTs across the country. A total of thirty (30) lakh Pre-Matric, 5 lakh Post Matric and 60,000 Merit-cum-Means scholarships are targeted to be distributed as ‘Fresh’ Scholarships every year, besides, Renewal scholarships. The three scholarship schemes are being implemented through the National Scholarship Portal (NSP) and are being disbursed under direct benefit transfer (DBT) mode to improve the efficiency and bring transparency by removing duplicity and stopping pilferages.
The details of number of applications received, verified by States/UTs and sanctioned by the Ministry of Minority Affairs under the above mentioned schemes during 2016-17 to 2021-22 are as under:
Year
Pre-Matric Scholarship
Number of verified applications received
Number of applications Sanctioned
2016-17
74,25,553
41,53,524
2017-18
85,70,708
53,11,257
2018-19
86,88,465
56,91,854
2019-20
70,84,410
55,68,025
2020-21*
60,38,248
52,29,148
2021-22**
78,29,283
24,05,498
Total
4,56,36,667
2,83,59,306
Post-Matric Scholarship Scheme
2016-17
13,65,838
6,24,990
2017-18
14,07,780
6,98,069
2018-19
12,80,958
6,84,265
2019-20
11,24,202
7,43,141
2020-21*
11,61,252
6,62,912
2021-22**
9,91,534
1,38,105
Total
73,31,564
35,51,482
Merit-cum-Means based Scholarship Scheme
2016-17
189584
121937
2017-18
180421
119472
2018-19
180274
117771
2019-20
145398
118359
2020-21*
137340
120208
2021-22**
118351
52720
Total
9,51,368
6,50,467
* Disbursement of Scholarships for 2020-21 continues in 2021-22.
** It includes sanction for finally verified renewal applications of 2021-22 only. Disbursement for fresh application 2021-22 is yet to begin.
(d): The details of budget allocated and released under the above mentioned schemes from 2016-17 to 2021-22 are as under:-
(In ₹ Crore)
Scheme
Pre-Matric
Post Matric
Merit-Cum-Means
Year
Budget Allocated
Amount Released
Budget Allocated
Amount Released
Budget Allocated
Amount Released
2016-17
931.00
585.94
550.00
287.11
335.00
220.54
2017-18
950.00
1108.13
550.00
479.72
393.54
388.79
2018-19
980.00
1176.19
692.00
354.89
522.00
261.17
2019-20
1220.30
1324.84
496.01
428.77
366.43
285.63
2020-21
1330.00
1325.54
535.00
512.81
400.00
396.34
2021-22
1378.00
474.52*
468.00
80.58*
325.00
134.09*
Total
6789.30
5995.16
3291.01
2143.88
2341.97
1686.56
*Expenditure as on 31.01.2022.
This information was given by the Union Minister for Minority Affairs Shri Mukhtar Abbas Naqvi in a written reply in the Lok Sabha today.
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N Ao//(MoMA_LSQ-355)
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