Hormel Foods Corp. will cover tuition at two-year colleges for employee's children, the Minnesota company announced Tuesday.
Beginning with the 2021-2022 academic school year, high school senior dependents of Hormel workers in the United States will be offered the program as long as they graduate high school and meet standards outlined by each college. No specific GPA or test score is required.
The program will also include community mentorship committees that can provide assistance with applications, help with finding internships and other career development opportunities.
Austin-based Hormel, which often hires immigrants, says the program is one of two new initiatives aimed at addressing inequity.
After the death of George Floyd, Hormel asked employees to nominate organizations to receive donations from the company. The company has announced it will now donate to Minorities in Agriculture, Natural Resources and Related Sciences, the NAACP Legal Defense and Education Fund and the United Negro College Fund.
The meat and snacks company, known best for creating SPAM, employs over 20,000 workers globally, with around 1,800 workers in Austin alone.
In 2018, the company began offering the Hormel Foundation Austin Assurance Scholarship, which covers tuition and fees for two years at any Riverland Community College campus for qualifying Austin high school students.
The company also offers tuition reimbursement for employees who return to school while working at Hormel Foods.