MPMA Foundation

AGMA Foundation Grants $45,000 in Scholarships to Future Gear Industry Leaders

FOR IMMEDIATE RELEASE

Alexandria, VA, September 10, 2024 – The AGMA Foundation Board of Trustees is excited to announce the awarding of $45,000 in scholarships to nine outstanding students pursuing careers in the gear industry. Each recipient will receive $5,000 to support their educational journey.

These scholarships are awarded annually to students at technical schools, and undergraduate and graduate levels dedicated to advancing their careers in the gear and power transmission sectors. This year’s recipients were selected based on a comprehensive evaluation of their academic performance, career aspirations within the gear industry, community involvement, and financial need. Applicants were required to submit a personal statement and two letters of recommendation alongside the application.

In addition to the general scholarships, the Foundation is proud to offer a special scholarship from Linda and Bipin Doshi Scholarship Endowment to Nolan Finfrock. Nolan, a Sophomore at Purdue University West Lafayette is pursuing dual degrees in Mechanical Engineering Technology and Mechatronics Engineering Technology and is currently interning with Schafer Industries. The Doshi Scholarship Endowment, established in April 2018 with a $100,000 fund by Linda and Bipin Doshi, formerly of Schafer Industries, supports top applicants in the field.

This year six of the nine awardees have connections to AGMA member companies.

Undergraduate Scholars:

Graduate

The selection process for these scholarships was carried out by the AGMA Foundation Scholarship Committee, consisting of nine experienced professionals from the gear industry. Ruthie Johnston, AGMA Foundation Chair, expressed her gratitude, saying, “Our scholarship program aims to support students committed to advancing the gear industry. I extend my heartfelt thanks to each member of the Scholarship Committee for their dedication and time.”

Funding for the scholarships comes from the endowment and contributions from AGMA member companies and industry supporters. This initiative aligns with the Foundation’s mission to attract, educate, and advance talent in the power transmission industry.

The AGMA Foundation’s 2024 Annual Campaign is currently in progress. To make a donation, please visit www.agmafoundation.org.

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