Entergy Louisiana provides $1 million to help drive LCTCS implementation of the MJ Foster Promise program

The program will help Louisiana residents attend college and receive training for high-demand jobs

BATON ROUGE, Louisiana –News Direct– Entergy Corporation

BATON ROUGE, Louisiana, June 6, 2022 /3BL Media/ – Entergy Louisiana is committed to helping develop the workforce of the future by supporting education initiatives that take advantage of the rich diversity of the communities it serves.

The company announced today that it will provide $1 million over three years to the Louisiana Community and Technical College System (LCTCS) Foundation to help advance the MJ Foster Promise Program, a financial aid program funded by the State of Louisiana that will help eligible residents to attend approved two-year colleges or proprietary schools and receive training for high-demand jobs in growing industries.

Entergy Louisiana President and CEO Phillip May was joined during the announcement by Governor John Bel Edwards, Louisiana Senate President Page Cortez, Louisiana House Speaker Clay Schexnayder, Louisiana Commissioner of Higher Education, Kim Hunter-Reed, LCTCS President Monty Sullivan and LCTCS Director Avanço Tarie Roberson. The group discussed how the MJ Foster Promise Program was developed, supporting the legislation and what the program solves.

According to the LCTCS, tens of thousands of adults will need to earn credentials beyond high school to fill Louisiana jobs over the next decade. The MJ Foster Promise Program, a new $10.5 million statewide fund, was created to address this need by providing financial assistance to low-income residents aged 21 and older seeking necessary credentials for employment in areas of strength. such as construction, healthcare, information technology, manufacturing and transportation and logistics.

“Over the past six years, we’ve made higher education and workforce development a priority, with record investments spanning faculty salary increases and facility improvements to the creation and approval of the MJ Foster Promise Program,” said Edwards. “This promising program will help remove financial barriers for our adult citizens to access the life-changing training and career preparation that takes place in our community and technical colleges. Today’s announcement is yet another example of public-private partnerships that work for the people of Louisiana and the state’s economy, and thanks to Entergy for their generous contribution to this vitally important initiative.”

Nearly 24% of Louisiana residents, says LCTCS, have a high school diploma or less, and receiving training opportunities offered at the state’s community and technical colleges could create a better quality of life for them and their families.

“We have extensively researched the schooling of working-age adults in Louisiana, and the data are clear that we must invest in, support and develop the 1.1 million adults who lack the skills to participate in the state’s evolving economy and the Foster Promise Program is the initial long-term strategy to train our people,” Sullivan said. “We are grateful to the leadership of the legislature and Governor Edwards for their continued support of workforce development. Along with this generous investment by Entergy, we will continue to work across the state to improve the student experience and grow the pool of qualified, qualified adults.

Entergy’s multi-year contribution will help the LCTCS implement the MJ Foster Promise Program, funding efforts to:

  • Reach qualified residents and encourage them to take advantage of the program

  • Enhance student support services as well as the onboarding process

  • Improve enrollment support infrastructure and connect students to social services

  • Training equipment supplement

“Education is critical to providing opportunities and a better quality of life for our communities,” said May. “That is why we are so proud to support the implementation of the MJ Foster Promise Program by the LCTCS. Good things happen when we all thrive, when we all succeed, and with the right support, I believe this is exactly what this program can accomplish.”

He added: “This is another example of local, state and private partnerships working to create a better future for Louisiana. We look forward to seeing many more in our communities joining the workforce and taking advantage of the quality jobs available in Louisiana.”

About Entergy Louisiana

Entergy Louisiana, LLC provides electrical service to more than 1 million customers in 58 parishes and natural gas service to more than 94,000 customers in Baton Rouge, Louisiana. Entergy Louisiana is a subsidiary of Entergy Corporation, an integrated energy company involved in the production, transmission and distribution operations of retail electricity. Entergy supplies electricity to 3 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy owns and operates one of the cleanest power generation fleets in the United States, with approximately 30,000 megawatts of electrical generating capacity, including 7,000 megawatts of nuclear power. Based in New Orleans, Louisiana, Entergy has annual revenue of $10 billion and approximately 12,500 employees.

About the Louisiana Community and Technical College System Foundation

The LCTCS Foundation leads and inspires private support for Louisiana’s community and technical colleges to ensure excellence in meeting the educational and workforce needs of students, businesses and communities. Our work ensures that Louisiana provides pathways to prosperity for its citizens and attracts business and industry because of its high-quality workforce. Our various initiatives have maintained a key theme: providing greater access to excellent higher education options for all our citizens.

See additional multimedia and more ESG narratives from Entergy Corporation at 3blmedia.com

See the source version at newsdirect.com: https://newsdirect.com/news/entergy-louisiana-providing-1-million-to-help-jumpstart-lctcs-implementation-of-mj-foster-promise-program-102393408

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