Recent Updates
Recently added Catalysts
LLY Positive Sentiment Score: 80/100

Lilly Provides $500,000 in Grants to Support Equitable Access to Education for Dreamers in Indiana To remove barriers and create more equitable, affordable post-high school education opportunities for Indiana's growing immigrant population, Eli...

Key Takeaway: Eli Lilly and Company has announced a $500,000 grant initiative aimed at providing educational assistance for Deferred Action for Childhood Arrivals (DACA) recipients in Indiana. This funding will support four local nonprofits focused on improving access to post-high school education for the state's immigrant population. Indiana currently does not offer DACA students in-state tuition, creating financial barriers to higher education. Lilly's efforts are intended to address these challenges and foster a more skilled workforce in the state.

Market Sentiment Analysis

POSITIVE FACTORS

  • Lilly is making a significant financial contribution to support education for DACA recipients.
  • The initiative aims to create more equitable educational opportunities in Indiana.
  • Lilly advocates for immigrant rights and legislative reforms to improve access to education.

Full Press Release Details

INDIANAPOLIS , May 2, 2023 /PRNewswire/ -- To remove barriers and create more equitable, affordable post-high school education opportunities for Indiana's growing immigrant population, Eli Lilly and Company (NYSE: LLY ) today announced grants totaling $500,000 to four local nonprofits that offer education assistance to Deferred Action for Childhood Arrivals (DACA) recipients, also known as Dreamers.
Currently, Indiana is one of only two states that does not offer DACA eligible students living in Indiana in-state tuition to its state-run colleges and universities.
"Dreamers deserve the same chance to succeed as their classmates, and right now, many who live in Indiana are unable to afford college because they must pay higher out-of-state tuition fees, which can pose a real challenge for them and their families," said Patrik Jonsson , executive vice president and president of Lilly USA and Lilly Immunology, and chief customer officer.
The grants will go to the following organizations that serve Indiana's immigrant population:
Students can apply for educational assistance through these organizations or through the Central Indiana Community Foundation .
Jonsson continued, "Lilly's support is meant to bridge the gap until more commonsense solutions, including legislation, can remove these higher education barriers for many immigrants in Indiana . Our state's economy needs all our residents to be upskilled to their full potential if we want to meet the demands of the future and stay competitive as a state."
Lilly strongly supports the rights of immigrants, including a pathway to citizenship in the United States for Dreamers. Lilly proudly employs DACA recipients and advocates for sensible immigration reforms that cultivate and support a diverse and skilled workforce.
Refer to: Daphne Dorsey , [email protected] , 317-503-1711
SOURCE Eli Lilly and Company

21 %

Frequently Asked Questions

What did Eli Lilly announce on May 2, 2023?

Eli Lilly announced $500,000 in grants to support educational assistance for DACA recipients.

Which nonprofit organizations received grants from Eli Lilly?

The grants were awarded to four local nonprofits serving Indiana's immigrant community.

Why do DACA students face challenges in Indiana?

DACA students in Indiana do not qualify for in-state tuition, leading to higher college costs.

What is Lilly's stance on immigration for Dreamers?

Lilly advocates for a pathway to citizenship and supports legislative reforms for Dreamers.

How can students apply for educational assistance?

Students can apply for assistance through the supporting nonprofit organizations or the Central Indiana Community Foundation.

Last updated: May 2, 2023