|[April 05, 2012]
National Math and Science Initiative Receives $200,000 from JPMorgan Chase for UTeach Program to Train Math and Science Teachers
DALLAS --(Business Wire)--
Math and Science Initiative (NMSI) announced today that JPMorgan
Chase will provide $200,000 to support the highly regarded UTeach
program to train math and science teachers on four university campuses
across the United States: the University of California at Berkeley,
Florida State University, Louisiana State University and the University
of Texas at Dallas.
"This welcome support from JPMorgan Chase will help create a new
generation of math and science teachers in the United States," said Dr.
Mary Ann Rankin, President and CEO of NMSI. "Our nation needs an
additional 280,000 math and science teachers by 2015, and the UTeach
program is playing a key role in providing those teachers."
The grant from JPMorgan Chase will be used for induction training to
help UTeach graduates majoring in science, technology, engineering and
math (STEM) fields to make the transition from college to public school
classrooms. Since 2005, JPMorgan Chase has given nearly $340 million to
"At JPMorgan Chase, we believe that strengthening education is critical
to the progress of our country," said Kimberly Davis, President of the
JPMorgan Chase Foundation. "We are happy to partner with NMSI and
UTeach, who are working to do just that."
NMSI, in partnership with the UTeach Institute, is implementing the
path-breaking UTeach program in 29 universities this year. Enrollment in
the popular program has tripled in the last three years, attracting a
record 5,500 math and science majors across the country.
"Demand for the UTeach program continues to grow around the country,"
said Rankin. "This proves that more college studens will seek careers
as math and science teachers if you provide an approach that makes
sense. What we must do now is engage more forward-looking corporations
like JPMorgan Chase - as well as foundations and state governments - to
take this proven program to more college students across the nation."
Originated at The University of Texas at Austin in 1997, the UTeach
program enables students majoring in math, science, or computer science
to receive full teaching certification without adding time or cost to
their degrees. Ninety-two percent of UTeach graduates from the UT-Austin
program become teachers, and 82 percent are still in the classroom after
five years. About 45 percent of the UTeach graduates teach in high-need
The core elements of the UTeach program include:
Active recruitment and incentives, such as offering the first two
courses for free.
A compact degree program that allows students to graduate in four
years with both a degree and teaching certification.
A strong focus on acquiring deep content knowledge in math and
science, in addition to research-based teaching strategies focusing on
teaching and learning math and science.
Early and intensive field teaching experience, beginning in the UTeach
students' first semester.
Personal guidance from experienced master teachers, faculty and public
About JPMorgan Chase:
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services
firm with assets of $2.3 trillion and operations in more than 60
countries. The firm is a leader in investment banking, financial
services for consumers, small business and commercial banking, financial
transaction processing, asset management and private equity. A component
of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves
millions of consumers in the United States and many of the world's most
prominent corporate, institutional and government clients under its J.P.
Morgan and Chase brands. Information about JPMorgan Chase & Co. is
available at www.jpmorganchase.com.
The National Math and Science Initiative (NMSI) was launched in 2007 by
top leaders in business, education, and science to reverse the troubling
decline in American math and science education. NMSI is dedicated to
dramatically impacting the U.S. public school system by bringing best
practices to education and replicating programs nationally that have
documented success in math and science education. These programs include
the Advanced Placement Training and Incentive Program to prepare more
high school students to succeed in college level courses, as well as the
UTeach program to recruit and train more math and science teachers and
the Laying the Foundation program to prepare middle school and high
school students to succeed in pre-AP and AP classes.
Inaugural funding for NMSI was provided by the Exxon Mobil
Corporation, the Bill & Melinda Gates Foundation and the Michael
& Susan Dell (News - Alert) Foundation. Expansion of the UTeach program is
supported by additional funding from the UTeach Institute, AT&T, Texas
Instruments Foundation, the Texas High School Project, the Greater Texas
Foundation, the Tennessee Higher Education Commission, the Tennessee
Department of Education, Texas Education Agency, the Michael & Susan
Dell Foundation, and other private contributions. With funding from the
Carnegie Corporation of New York and the Michael & Susan Dell
Foundation, NMSI is increasing the impact of the program through an
alumni network for UTeach graduates.
For more information, visit www.nationalmathandscience.org.
[ Back To TMCnet.com's Homepage ]