JPMorgan Chase Makes $300,000 Tech Donation

Will Help Both Students And Faculty

Keith Griffin

May 29, 2020

Student on laptop | Image by StartupStockPhotos from Pixabay

JPMorgan Chase has committed $300,000 to Delaware Tech to support students, staff, and faculty during the Covid-19 pandemic. The emergency funds will assist Delaware Tech students who are now learning in an online environment stay enrolled.

According to an announcement from Delaware Tech, while the community college has quickly shifted its coursework online in the wake of stay-at-home orders, some challenges have arisen including access to technology for students.

To help students gain employment during challenging times, the grant will include a virtual career fair for Delaware Tech students and alumni, with emphasis on the healthcare and education fields.

JPMorgan Chase’s support for Delaware Tech is part of the firm’s $200 million global business and philanthropic commitment to address the humanitarian and economic impact of COVID-19on underserved, hard-hit communities, including people of color and low-income households across the U.S.

“JPMorgan Chase has a long-history in Delaware and a standing commitment to supporting our employees, customers and communities across the state,” said Tom Horne, Delaware market leader for JPMorgan Chase. “Investing in our youth and ensuring that students can continue to benefit from high-quality education is key to helping make sure the COVID-19 crisis doesn’t widen the economic opportunity gap for the most vulnerable Delawareans.”

Research from the JPMorgan Chase Institute found that 65 percent of families don’t have the cash buffer to weather a simultaneous income dip and spike in expenditure like the one resulting from the COVID-19 crisis.

Through this new commitment, Delaware Tech will make laptops and Chromebooks available to students in need who are enrolled in credit and short-term certificate programs, allowing them to successfully complete online work.

JPMorgan Chase’s support will also allow for 38 Delaware Tech faculty members to attend a two-week “virtual boot camp” professional development session with the College’s Center for Creative Instruction and Technology to learn how to develop online master courses.

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