![Person crouching on a platform beneath a large ship, above water.](https://socialfinance.org/wp-content/uploads/2024/10/DQWH1195-750x1000.jpg")
Impact Investments, Workforce & Education Investments, Workforce & Economic Mobility
Highlights
More than 90%Career placement rate for SUNY Maritime College graduates
Social Finance is partnering with the State University of New York (SUNY), SUNY Impact Foundation, and SUNY Maritime College to design and launch a new SUNY Maritime Pay It Forward Fund. This Fund will provide student-friendly, outcomes-based loans to students to cover their costs for attending the Summer Sea Term, a programmatic requirement for earning a U.S. Coast Guard license which entails cadets accruing at least 180 days at sea.
Social Finance is excited to be launching this initiative and looks forward to the positive impact it plans to have on SUNY students.
SUNY is one of the largest comprehensive higher education systems in the country and SUNY Maritime College is the oldest and largest maritime school in the country. Graduates enjoy a more than 90% career placement rate and earn some of the nation's highest average starting salaries.
