| Tennessee
Tech University received another funding boost worth more than $1,040,000
for our science, technology, engineering and mathematics (STEM)
center this week.
The funds will bring us closer to breaking ground
on a facility to house the Millard Oakley STEM Center, named for
benefactor Millard Oakley who has already donated $2 million in
private funds to the effort.
The center’s goal is to improve the way
teachers and professors — from preschool through college —
teach science, technology, engineering and math-related subjects,
and to help students of all ages learn to enjoy them.
The new federal dollars came in two parts, a $300,000
grant and a $740,000 interest-free loan from USDA Rural Development
through the Caney Fork Electric Cooperative. The funds come in addition
to more than $1.29 million in previous federal grants for the center.
“We are honored to partner with USDA Rural
Development and the Caney Fork Electric Coop on this program,”
said TTU President Bob Bell.
“This grant and loan take Tennessee Tech
a step further toward our funding goals. The TTU center, created
to help improve the quality of teaching and learning in science,
technology, engineering and mathematics, will have a far-reaching
impact.
“Tennessee Tech’s goal, like that
of the Rural Development and Caney Fork Electric programs, is to
enhance the educational experiences for children in this area. The
Millard Oakley STEM Center will help us improve the teaching and
learning of these subjects from pre-school through college.
"Those efforts, in turn, will help our youth
become better prepared for their future. I am also truly grateful
to all our State congressional leaders for their support and recognition
of the importance of this program.”
The $300,000 federal grant was provided through
the Rural Development Office’s Rural Business Enterprise Grant
thanks to efforts from the local Rural Development office and Caney
Fork Electric as well as the State’s congressional leaders
in Washington, D.C.
The RBEG grant program provides assistance to
public or not-for-profit entities to support community economic
development programs that assist small businesses in developing
local business infrastructure, providing job training, conducting
feasibility studies and providing technical assistance to businesses
and community leaders.
The $740,000 interest-free loan will help TTU
complete its STEM project by purchasing the equipment to outfit
the STEM Center building. The loan, payable over the next 10 years,
will be repaid with private donations through the TTU Foundation,
which has already included the funds in its annual budgets. Another
$1.5 million in private donations is still needed to fund the STEM
Center building.
The design and construction drawing phase is scheduled
to begin in the next 8-10 months and will be to State Building Commission
specifications. The facility will be located on 7th Street at the
site of the former School of Nursing building.
The Millard Oakley STEM Center will serve as a
point of collaboration between university faculty members and public
school teachers. As university faculty and students conduct research
and develop improved teaching methods, the center will help them
share that knowledge with area teachers, who will be able to use
the center for their own research and teaching plans.
The university is already coordinating collaborative
programs with regional schools on STEM-related projects.
The center will house state-of-the-art laboratories
to help train teachers in the region to develop better methods of
teaching science-related subjects with appropriate technology. Area
schools may use the center for hands-on activities based on real-world
challenges such as space exploration, robotics and environmental
protection.
TTU faculty and officials developed the STEM Center
idea in response to a dwindling interest in America of science,
technology, engineering and mathematics fields, combined with growing
competition from other countries. These trends are causing the U.S.
to lose ground in scientific discovery and innovation, areas this
country once dominated.
The number of STEM job openings in the U.S. is
growing at a rate more than five times that of the number of American
college students graduating with degrees in STEM fields, according
to a report by the Task Force on American Innovation, and the number
of STEM graduates in some other countries already exceeds the number
here.
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