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GlobalFoundries Announces New Scholarship Program for Vermont Tech Students

Vermont Business Magazine GlobalFoundries Inc (GF) (NASDAQ: GFS), a global leader in feature-rich semiconductor manufacturing, has announced its first scholarship program for Vermont Institute of Technology students. The GF Scholarship Program is open to three candidates selected from Vermont Institute of Technology’s Mechanical/Manufacturing Engineering Technology, and/or Electrical/Electromechanical Engineering degrees, and/or Diesel, and/or Automotive Technology programs for an annual We offer a $5,000 scholarship and a paid summer internship.

“Vermont Tech graduates continue to be impressed with the knowledge and skills, work ethic, and unique ability to learn and apply in any work environment, building on the practical experience they gain during their college education,” said Fab. says John Lafreniere of He graduated from Vermont Institute of Technology in 1987 with an associate’s degree in electrical engineering technology, followed by a bachelor’s degree in business technology and management. “Higher education accelerates an employee’s career path, provides a significant ROI on at least his two-year college investment, and gets him where he wants to go faster.”

Scholarships are awarded as follows:

  • Two $5,000 scholarships for incoming freshmen entering the second year of an associate’s and/or bachelor’s degree in an included program.
  • A $5,000 scholarship for third-year students pursuing a bachelor’s degree in an included program and advancing to fourth grade.

“We are delighted to deepen our relationship with GLOBALFOUNDRIES,” said Kelly Boulan, Development and Alumni Relations Specialist at Vermont Institute of Technology. “This generous scholarship program builds on the many ways GF supports students, including the GF Apprenticeship Program and the Lunch and Learn lecture series. We are delighted to offer this new opportunity.”

Vermont residents are preferred, but scholarships are open to out-of-state students. Candidates must be enrolled in Mechanical Engineering Technology and/or Manufacturing Engineering Technology and/or Electrical/Electromechanical Engineering Degree Programs and/or Automotive Technology Programs and/or Diesel Technology Programs and must maintain a 2.5 GPA or higher. To receive the full $5,000 scholarship, the student must successfully complete her GF’s paid summer internship.

“During my time at Vermont Institute of Technology, I learned practical technical skills and how to communicate in a professional environment. These have been successful throughout my career, from machining and welding to teaching and now engineering. is an attribute that can contain

GF will announce the first scholarship winners at a formal dinner on October 25, 2022.

“The education and experience I received at Vermont Institute of Technology prepared me to effectively learn and apply new knowledge in all the roles I assumed at GlobalFoundries. I was able to grow my career steadily over the years.

About GF

GlobalFoundries Inc. (GF) is one of the world’s leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that deliver leadership in a broad range of high-growth markets. GF offers a unique combination of design, development and manufacturing services. With a talented and diverse workforce and a large manufacturing footprint across the US, Europe and Asia, GF is a trusted source of technology for customers around the world. For more information, please visit

About Vermont Institute of Technology

Vermont Institute of Technology is a small public university that is doing great things. We offer technical education in a variety of fields, including agriculture, computer science, engineering, health and life sciences, and professional studies. Students can earn bachelor’s and associate’s degrees and certificates at our two residential campuses in Randolph Center and Williston and at any of our 18 satellite campuses across the state. Our tuition return on investment ranks #1 in Vermont and #1 in the nation at the 96th percentile. Graduates can pursue a career in their field of study with an annual placement rate of 99-100%. On July 1, 2023, Vermont Institute of Technology will join Castleton College and Northern University of Vermont to become Vermont State University. This is a reimagined higher education institution that builds on the strong legacy of its founding institution. Learn more at

Essex Junction, Vermont – GlobalFoundries Inc September 22, 2022

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