IOF Application Deadline

by Internship Opportunity Fund

Academic

Wed, Apr 26, 2023

11:55 PM – 11:55 PM EDT (GMT-4)

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Access the application here: https://cmu.infoready4.com/#competitionDetail/1875541

All application materials must be submitted by April 26, 2023 at 11:55pm EST.
Late or incomplete applications will not be considered as the IOF award committee distributes all available funds, so funding will not be left over for late applicants. If you don’t have your internship confirmed by April 26, 2023, you should complete your application as if you have received your top choice internship. If this is the case, funds would be awarded on a contingency basis. Special circumstances/requests will be reviewed by the committee on an individual basis.

Please submit the following documents with your application:
1. A copy of your current resume
2. A one page explanation of why this internship is important to you. Describe how it relates to your career goals, how it will benefit you professionally, and what you expect to accomplish through this particular experience
3. A completed summer budget
4. A log of IOF Volunteer Hours

Heinz College students who accept internships that do not qualify for funding under the Federal Work Study (FWS) program, either because the student does not have federal financial aid eligibility or because the employer and/or the job does not meet federal regulations for FWS eligibility, may apply to the Heinz College Internship Opportunity Fund (IOF) for consideration of awards to help support non-paying and low paying internships. Students are never eligible to receive both IOF and FWS funds to subsidize the same position, but are welcome to apply for both if applicable. Students that actively participate in the fundraising and that have a demonstrated financial need, will receive preference when the funds are distributed. The IOF is open to students in all Heinz College programs who do not qualify for FWS or who take a position that does not accept FWS and have a required summer internship component, regardless of the employer’s sector.  International students and internships with international locations are eligible for IOF awards.

Additional notes regarding funding: IOF funds will be distributed in one lump sum. These funds are considered to be nonqualified scholarships for tax purposes. If you are a U.S Citizen or Resident Alien, tax will not be withheld from the payment nor will Carnegie Mellon issue a Form 1099 or W-2 tax statement for payment of the nonqualified scholarship. It is your responsibility to include the income on your personal income tax return. If you are a foreign national (nonresident alien for tax purposes), it is likely that tax will be withheld from your payment. Tax consequences for foreign nationals are determined based on the information you provide on the Foreign National Information Form.

Access the application here: https://cmu.infoready4.com/#competitionDetail/1875541

File Attachments: IOF_Application_FAQ_2022, IOF_Budget_Worksheet

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