Friday May 8, 2009
KentuckianaWorks Scholarships assist Laid-Off Workers
Mayor Jerry Abramson and Congressman John Yarmuth today announced $3 million in job training for laid-off workers as part of the federal economic stimulus package. KentuckianaWorks Scholarships for laid-off workers can assist more than 400 laid-off workers complete an associate’s degree, a certificate program, or finish a bachelor’s degree.
Laid-off workers may qualify for up to $4,000 for tuition and up to $600 for books and supplies for up to two years for retraining and upgrading their skills in a high-growth career.
“This funding will have a long-term impact on laid-off workers and their families in the Greater Louisville region,” said Abramson said. “Losing a job can be a traumatic experience, but it can also present an opportunity to go back to school, become more competitive, and position yourself for better employment opportunities.
“At the same time, having a better educated and trained workforce in our region will help in our continuing economic development efforts,” he said.
Data show that a Louisville region resident who attains an associate's degree stands to make nearly $1 million in average lifetime earnings or 39 percent more than a high school graduate.
“Obviously, arming yourself with a marketable degree or certificate in a high-growth industry will position laid-off workers to put more money in their pockets and afford their families better opportunities over the long run,” said Yarmuth. “We know that people in this region can earn an associate’s degree and earn significantly more over a lifetime than someone with only a high school diploma. That is why this federal stimulus funding is so critically important both to individuals and our economy in general.”
Kimberly Kappesser, 47, former office manager at landscaping business in Louisville for nine years, stated, “Without the KentuckianaWorks program, I would not be able to finish my degree. This program is just a “God send.’” Kappesser plans to complete her B. S. in Workforce Leadership at the University of Louisville in summer 2010. From there she plans to get her master’s and teaching certificate, eventually become an elementary school teacher.
For more information on qualifications and applying for KentuckianaWorks Scholarships for laid-off workers, go to your nearest KentuckianaWorks One-Stop Career Center or call toll-free 1-877-639-7559 (877-NEW-SKLZ) to find the nearest One-Stop.
The public can learn about all stimulus projects by visiting: http://www.louisvilleky.gov/recovery
Louisville is expected to receive approximately $200 million in stimulus funding, part of President Obama’s plan to save and create jobs to pull the country out of a recession.
KentuckianaWorks is Greater Louisville’s workforce investment board for the seven-county region surrounding Louisville. The board is composed of leaders from business, education, government and labor who work together with staff to provide strategic leadership for workforce development efforts in our area.