Congratulations to Kyle Daun, a Bachelor of Science degree student in NEIT’s Information Technology/Cybersecurity program, on receiving a generous scholarship from Lighthouse Computer Services through Tech Collective, Rhode Island’s Bioscience and Information Technology Industry Association. Lighthouse Computer Services awards scholarships to Rhode Island students enrolled in Information Technology programs at a Rhode Island college or university and with an affiliation to one of the five U.S. Military branches. Kyle enlisted in the U.S. Army at the age of 17 and served as a Military Police Officer for 12 years, stationed in Missouri, Germany, Hawaii and Virginia. Knowing a college degree would advance his career, this devoted husband and father of four young boys decided to enroll at NEIT. Still in the Army Reserves Kyle stated, “Enlisting in the Army after high school was the best choice for me.” This well-deserved scholarship could not have been awarded to a more worthy individual. Great job, Kyle!
“As economists, we pride ourselves on the fact that we want to look at the data,” John Williams, president of the San Francisco Federal Reserve, tells Yahoo Finance in the accompanying video. “We don’t have a bias one way or another. We just want to do the analysis.” And Williams says that analysis strongly points to the value of a college degree.
But college is an investment, Williams points out. Assuming a typical four-year public college tuition, it takes about “nine or ten years to pay back on that investment,” says Williams. “Then after that, it’s all gravy,” he says.
New England Tech is pleased to announce the establishment of the Brian F. Sullivan Memorial Scholarship Fund. This scholarship was established with the assistance of Micro Technology Group (MTG) with additional support provided by the Kaplan Simons Family Foundation. These organizations each donated $2,500 which will be awarded to eligible students enrolled in NEIT’s Electronics Technology programs.
Brian was an NEIT alum who graduated in 1984 with an Associate in Science Degree in Electronics Technology. Until his untimely death this past summer, Brian was employed at MTG as a manufacturer’s sales representative and became a close colleague and personal friend of Ed Renola, a senior executive at MTG. During a recent visit to the college to discuss the scholarship fund, Ed shared that Brian credited his professional success to the education he received at New England Tech. To honor Brian and recognize the impact that NEIT had on his life, Ed, along with another MTG executive, Spencer Simons, established a scholarship in Brian’s memory.
MTG had one special request with the establishment of the scholarship. Ed mentioned that he and Brian had a close mutual friend, Al Bucci. Ironically, Al’s grandson, Alex Bucci, is currently a NEIT student so MTG requested that Alex receive a scholarship in memory of Brian. A very industrious individual, Alex is currently a bachelor’s candidate in the Architectural Building Engineering Technology program. He also earned a Bachelor of Science Degree in Construction Management in September, 2013 and an Associate in Science Degree in Building Construction & Design in March, 2012. Alex is also the co-owner of a construction company.
On January 14, 2015, much to his surprise, Alex was presented with a $1,000 scholarship as the first recipient of the Brian F. Sullivan Memorial Scholarship by Joelle DeQuattro–Sullivan, Brian’s wife, along with Spencer Simons from MTG. A well-deserving student was honored while remembering a well-respected grad.
On October 22nd, New England Tech kicked off its 2014 Employee Campaign, the first event commemorating the college’s 75th Anniversary. NEIT President Richard Gouse addressed faculty and staff sharing his vision for the future of the college. He explained how the college has reached a pivotal point in its evolution from its early beginnings in 1940 with the construction of its first 400-bed residence hall on the East Greenwich campus.
In honor of New England Tech’s 75th Anniversary, a goal was set to achieve 75% employee participation in the Campaign. It was truly an aggressive goal. However, with the passion, persistence, and excitement of the Campaign Captains and the generosity of faculty and staff, the 75% participation goal was achieved! The Campaign raised nearly $39,000 to support scholarships, the Building Fund, and a variety of specific technology programs.
In the words of Henry Ford, “Coming together is a beginning; keeping together is progress; working together is success.” Recognition must go to those individuals responsible for making the Campaign such a great a success, the Campaign Team Captains: Cheryl Booker, Sherry Clukey, Tim Culhane, Kathy DaSilva, Melissa Hague, Anna Kelly, Bob Kennedy, Cheryl MacDonald, Mike Markarian, Anna Martinelli, Bill Menard, Rebecca Renaud, Carole Stiles, Susan Warthman, and Pam Wilkinson. They came together as Campaign Captains, stayed together, and worked together to achieve success.
The Grainger Foundation, an independent, private foundation, has donated $5,000.00 to New England Institute of Technology in support of the college’s mission to provide students with a hands-on technical education.
“This grant will be used to provide scholarships to students in NEIT’s Associate in Science Degree program in Refrigeration/Air Conditioning, Heating and Gas Technology” said Robert R. Theroux, Vice President of Finance and Business Administration at New England Tech. “We will assist those students experiencing financial challenges in completing their degrees. We are grateful to The Grainger Foundation for its generosity.”
This donation was recommended by Jim Crowley, Branch Manager of W.W. Grainger, Inc.’s Warwick location. Grainger has been a part of the Warwick business community for more than 30 years as the leading broad line supplier of maintenance, repair, and operating products. “We are proud to recommend the programs offered by New England Institute of Technology,” said Crowley. “We understand the goal of the college to support those students with financial need.”
The Grainger Foundation, an independent, private foundation based in Lake Forest, Illinois, was established in 1949 by William W. Grainger, founder of W.W. Grainger, Inc.
Kathleen Devine joined NEIT in August, 2014. In this new position, Kathleen will oversee the Admissions and Financial Aid Departments.
Kathleen brings more than 20 years of direct experience in admissions, financial aid, and campus operations. She began her career as an admissions representative and over the years, she has assumed greater responsibility by managing several admissions departments; serving as a campus director; and overseeing the operation of several campuses. Along with her wealth of experience, Kathleen brings her commitment to the education of students.
Available to All Students attending January 2015 quarter:
Deadline to apply is October 17, 2014
NEIT ALUMNI SCHOLARSHIP –A minimum of ten scholarships are being made available through the generosity of New England Tech alumni, employees, vendors and friends that supported the Annual NEIT Alumni Golf Tournament.
TEXTRON SCHOLARSHIP – Two scholarships are being provided by Textron, a pioneer of the diversified business model with over 32,000 employees and facilities in 25 countries.
COMPASS CORPORATION SCHOLARSHIP – Five scholarships are being funded by Compass, a leading food service company that specializes in the educational sector and operates the Food Court at New England Tech.
MATTHEW J. FANDETTI MEMORIAL SCHOLARSHIP – Matthew Fandetti was a nine-year employee of the Providence Journal Company, a wonderful colleague to so many in the journal family. Matthew was a native Rhode Islander and was nearing the completion of the degree requirements at New England Institute of Technology when he was abruptly taken away. Three scholarships are available to assist students.
REQUIRMENTS: Must demonstrate a solid employment history, a love for learning, and interest in advancing his/her professional technical career.
NEW ENGLAND TECH EMPLOYEE SCHOLARSHIP – Three scholarships are being provided by the generosity of the employees of New England Tech to financially assist our students.
Game Development and Simulation Programming, Video Game Design Technology, and Information Technology Scholarships
CURT SCHILLING TECHNOLOGY SCHOLARSHIP – Three scholarships are being provided to insure students have the necessary financial resources to obtain their degree. These scholarships are provided by the generosity of Dr. Curt Schilling, an honorary degree recipient of New England Institute of Technology.
Information Technology Scholarships
PAT DaSILVA SCHOLARSHIP – This scholarship is being offered to students pursuing a degree in Information Technology. Pat was an Assistant Professor in the IT department for 18 years prior to her passing. Pat was a wonderful colleague and a dedicated instructor.
WILLIAM R. TALLADAY MEMORIAL SCHOLARSHIP – William Talladay was a former New England Institute of Technology student pursuing his educational goals in the Computer Information Technology when he suddenly passed away.
Mechanical Engineering Technology Scholarships – Associate and Bachelor’s Degrees
STEVEN SEMINARA SCHOLARSHIP – This scholarship is being offered to students in in honor of a dedicated Assistant Professor in the Mechanical Engineering Department. Steve was not only a committed educator, but an outstanding colleague.
BOB DUPUIS SCHOLARSHIP – This scholarship is being offered by Precision Metalforming Association of New England in honor of Bob Dupuis of Dayton Progress Corp. Mr. Dupuis is a 27-year veteran of the precision metalforming industry and a long standing member of PMA.
Refrigeration/Air Conditioning/Heating Technology Scholarships
W.W. GRAINGER, INC. SCHOLARSHIP – W.W. Grainger, Inc. is a leading domestic and international business distributor of HVAC, Electrical, Lighting and numerous other products. Many of the New England Tech’s graduates are customers of Grainger Industrial Supply. There are a minimum of five scholarships available.
REGAN HEATING AND AIR CONDITIONING SCHOLARSHIP – Regan Heating and Air Conditioning is a Rhode Island company with 40 years of experience in residential and commercial heating, cooling and indoor air quality systems. They were the heating and air conditioning contractor of our new East Greenwich facilities. This scholarship is to recognize Terry Regan, President, and Regan Heating and Air Conditioning’s generosity in supporting New England Tech.
Automotive and Automotive Service Management Technology Scholarships
BRIDGESTONE/FIRESTONE SCHOLARSHIP – Five scholarships are being offered by Bridgestone/Firestone, a world leader in the manufacture and distribution of quality tires with retail and repair centers throughout the United States and Internationally. Bridgestone/Firestone employs numerous New England Tech graduates.
Electrical Technology Scholarship
ROSSI ELECTRIC SCHOLARSHIP – Rossi Electric is a Rhode Island electrical contractor with 20 years experience in commercial and industrial construction. Vin Rossi, the company President, is a graduate of New England Tech and his firm was the electrical contractor of our new East Greenwich facilities. This scholarship is to recognize Vin Rossi and Rossi Electric’s generosity in supporting New England Tech.
Michael P. Hickey Jr. Memorial Scholarship
This scholarship is being offered by the Electrical League of Rhode Island to honor a long standing member of the Electrical League with a passion and dedication to the electrical profession. The award will be provided to Rhode Island high school graduates residing in Rhode Island.
On Monday, July 14, 2014, 146 players headed to the links at the Alpine Country Club in Cranston for the 5th Annual New England Tech Alumni Golf Tournament. Thanks to the support and dedication of the golf sponsors, players, committee members, and volunteers, proceeds from the tournament to benefit the NEIT Scholarship Fund exceeded its goal.
Special thanks to the tournament’s Honorary Co-Chairs for the second consecutive year, Terry Regan, President of Regan Heating and Air Conditioning, and Vin Rossi, NEIT graduate and President of Rossi Electric. The financial support of the many sponsors and raffle prize donors greatly contributed to the financial success of this tournament.
According to Joan Segerson, NEIT’s Director of Development and Alumni Relations, the tournament raised nearly $85,000. Joan stated, “Because of the success of this event, we are all so thrilled to contribute the net proceeds to the NEIT Scholarship Fund. The generosity of the many people involved with this tournament will offer our students in financial need the opportunity to continue with their studies.”
Many New England Tech faculty and staff volunteered their time and talent to help ensure the success of this most important event. Thanks to the 2014 Golf Committee members: Cheryl Booker, Bob Goulet, Melissa Hague, Michael Hayes, Bob Kennedy, Cathy Kennedy, Steve Kitchin, Phil Marks, Bill Menard, Leslie Peck, Joan Segerson, Doug Sherman, and Bob Theroux. Tournament day ran smoothly with the additional help of the 2014 volunteers: Karen Arnold, Caitlin Beagan, Pat Blakemore, Roberta Hayes, Cheryl MacDonald, Michelle Paiva, Anne Ryan, and Carole Stiles.
2014 ALUMNI GOLF TOURNAMENT SPONSORS
Regan Heating and Air Conditioning
Rossi Electric Company, Inc.
Shawmut Design & Construction
DiFazio Site Corp.
Adler Pollock & Sheehan PC
Atrion Networking Corporation
Bank of America Merrill Lynch
DiPrete Engineering Associates, Inc.
DiSanto Priest & Co.
Ruggieri Brothers, Inc. /Synet
Delta Dental of RI, Inc.
Dennis F. Leonardo Builders, Inc.
Liberty Mutual Insurance
Roney & Labinger LLC
Portfolio Strategy Group
RICOH USA, Inc
Alpine Country Club
American First Aid
AMPM Facility Service
Cat Country 98.1
Dr. Mario Andretti
Eleven Forty Nine
Garland Writing Instruments
Swansea Country Club
The CW Providence
Tree House Tavern & Bistro
WPRI – Media
Foley Food Service
Ocean Spray and George DaCosta
2014 TEE SPONSORS
Action Auto Parts
AFLAC/Phillips & Associates
AMPM Facility Services
Big Blue Bug Solutions
Checkmate Consulting Group
Crown Supply Company
East Greenwich Rotary
Electrical Wholesalers, Inc.
Fiduciary Investment Advisors, LLC
Industrial Welders Supply
Protech Automotive Services LLC
Rhode Island Cleaning Services, Inc.
Saccoccio & Associates, Inc.
Target Direct Marketing, Inc.
The moral of this story is simple. Don’t put on sunscreen and you are going to get fried in the scorching hot afternoon sun. When it comes to your career and earning potential if you don’t get a degree, your job opportunities and earning potential is going to get fried.
College students are paying more. They are taking on more debt. They are accepting worse jobs after they graduate and earning less than they did just five years ago. So how could it possibly be true that college is more important than ever?
The answer is sunscreen.
College in today’s economy is like sunscreen on a scorchingly hot afternoon: You have to see the people who didn’t apply it to fully appreciate how important it is. The same way a blistering sun both makes sunscreen feel ineffective and makes it more crucial than ever, recessions can both make a college degree seem ineffective and make it more important than ever.*
One of the confusing things about college is that it’s hard to keep straight its price, cost, and value. The sticker price of college—that is, the published tuition—isn’t paid by most middle-class students, who receive grants, tuition breaks, and tax benefits. The average net price of a bachelor’s degree is still 55 percent lower than the sticker price today. For many students, tax benefits eliminate the full cost of an associate’s degree. College is much cheaper than advertised.
The upshot is that, shockingly, the New York Fed found that the average “total” cost of a four-year degree isn’t much higher than it was 40 years ago.
Now, what about the payoff? This is where the story gets even more complicated. But thinking about sunscreen can help.
It’s a myth that the average wage of college grads is always rising. In fact, college-grad wages have spent as much time falling as rising since the 1970s. Real college wages fell between 1970 and 1982, rose between 1982 and the mid-2000s, and now they’re falling again. But everybody else’s wages are falling even faster. The “college premium” is still near all-time highs.
Again, consider the sunscreen. When it’s skin-blisteringly bright outside, ordinary sunscreen won’t get you the same results. That doesn’t mean sunscreen “isn’t worth it.” It means that however singed you feel in the morning, everyone without sunscreen got totally fried. This is what’s going on in the economy: Globalization, automation, debt hangovers … it all adds up to a scorching hot sun toasting the wages of middle America.
College is an investment, and like all investments, its results vary on timing and luck. But the chorus of alarming stories about student debt and a glut of degrees tends to obscure the empirical reality that it is practically impossible to prove with data that college doesn’t pay off for the vast majority of Americans who finish their degree.
*Pedantry Preemption: This is a terrible metaphor, because college isn’t like sunscreen. Sunscreen is applied preventatively to maintain skin health while higher education is purchased as a ticket of entry into a category of college-level jobs, which makes it enhancing rather than preventative. Yes. There are lots of other ways that college isn’t like sunscreen (e.g.: it cannot be sprayed, it does not make your eyes sting, etc.). This is a metaphor about opportunity costs.
Click the link to read the entire article: How College Is Like Sunscreen – Derek Thompson – The Atlantic.