GLOBALFOUNDRIES Partners with Excelsior College to Enhance Educational Benefits for Its Employees
Excelsior College, an accredited, not-for-profit online college based in Albany, NY, has announced a new educational partnership with GLOBALFOUNDRIES, one of the world’s leading semiconductor foundries, which will enable its workforce at its facilities in Upstate New York and around the globe to gain new skills, expand their expertise and complete their degrees.
“The success of GLOBALFOUNDRIES’ Fab 8 factory has helped solidify New York’s Capital Region, our hometown, as Tech Valley. We are incredibly excited to launch this partnership to support their employees’ professional development and career advancement — which we believe will help contribute to GLOBALFOUNDRIES’ ongoing growth in the years to come,” said Dr. Michael Johnson, associate dean, business, science and technology, School of Undergraduate Studies, Excelsior College.
“We are excited to partner with Excelsior College as they understand the needs of adult learners who are balancing coursework with full-time jobs, family and other responsibilities. This unique partnership will provide the flexibility, affordability and support necessary to assist our employees fit college courses into their busy schedules,” said Jennifer Pickering, director of leadership development & technical vitality of GLOBALFOUNDRIES. “Educational partnerships help us strengthen our workforce by attracting and retaining top talent and empowering our team to learn valuable skills.”
All of GLOBALFOUNDRIES’ approximately 17,000 employees across its 14 global locations are eligible for the educational benefits provided through Excelsior College. These benefits include:
● Tuition discount of up to 20 percent for the employee and their spouse or domestic partner.
● Generous credit-transfer policy that allows students to transfer up to 117 credits from previous college courses, or work experience, toward a bachelor’s degree.
● Opportunities to be awarded college credits for military and workforce training, professional licenses and certifications, and portfolio assessments of real-world experience.
● Streamlined application process with the application fee waived.
Excelsior College offers several degree programs that will align with GLOBALFOUNDRIES workplace needs, such as business, cybersecurity, electrical engineering technology, and technology management. GLOBALFOUNDRIES employees will be able to pursue associate, bachelor’s, and master’s degrees, choosing from among those programs and others in such areas as criminal justice, health sciences, liberal arts, and public service.
“This partnership with GLOBALFOUNDRIES is just one way we are working to support the growth of tech firms through academic offerings to upskill the workforce,” said Johnson. “For example, we offer a dual enrollment program with Tech Valley High School in Albany that enables students to graduate in four years with their high school diploma and an associate degree from Excelsior.”
Additionally, Excelsior has forged partnerships with technology companies and educational benefits providers that serve tech firms nationwide, while also strengthening its National Cybersecurity Institute, which prepares students for one of the world’s most in-demand professions.
“We understand the opportunity we have to help working adults compete for jobs in our constantly evolving economy — which is why we’re driven to help remove obstacles that become barriers to educational advancement and degree completion,” Johnson said.
For more information, visit excelsior.edu.