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<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black">Governor Gina M. Raimondo and the Rhode Island Commerce Corporation yesterday announced the opening of a competitive student loan reimbursement
program for recent graduates working in STEM (Science, Technology, Engineering, and Mathematics) and certain design fields.<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;orphans: auto;text-align:start;widows: 1;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;orphans: auto;text-align:start;widows: 1;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black">“A thriving STEM workforce is vital to jump-starting our economic comeback,” said Raimondo. “We are taking steps to keep our most talented people here, and attract others to start their
careers in Rhode Island. The Wavemaker Fellowship is a creative solution to helping professionals with their college debt, while giving companies an important recruiting tool,” she added.<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;orphans: auto;text-align:start;widows: 1;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;orphans: auto;text-align:start;widows: 1;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black">The Wavemaker Fellowship awards graduates who choose to work in STEM jobs in Rhode Island with<span class="apple-converted-space"> </span><b>a refundable tax credit</b><span class="apple-converted-space"> </span>that
can cover student loan payments for up to four years. The program is administered by the Rhode Island Commerce Corporation:<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Verdana",sans-serif">For the announcement, click<span class="apple-converted-space"> </span><a href="http://www.ri.gov/press/view/27447" target="_blank">here</a>.<o:p></o:p></span></p>
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Verdana",sans-serif">For the website and application, click<span class="apple-converted-space"> </span><a href="http://commerceri.com/finance-business/taxes-incentives/wavemaker-fellowship/" target="_blank">here</a>.<o:p></o:p></span></p>
<p style="mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.5in;margin-bottom:.0001pt;text-indent:-.25in;mso-list:l1 level1 lfo2">
<![if !supportLists]><span style="font-size:11.0pt;font-family:Symbol"><span style="mso-list:Ignore">·<span style="font:7.0pt "Times New Roman"">
</span></span></span><![endif]><span style="font-size:11.0pt;font-family:"Verdana",sans-serif">For the FAQs, click<span class="apple-converted-space"> </span><a href="https://wavemaker.commerceri.com/information/frequently-asked-questions/" target="_blank">here</a>.<o:p></o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt;orphans: auto;text-align:start;widows: 1;-webkit-text-stroke-width: 0px;word-spacing:0px">
<span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black"><o:p> </o:p></span></p>
<p style="margin:0in;margin-bottom:.0001pt"><span style="font-size:11.0pt;font-family:"Verdana",sans-serif;color:black">The Division of Taxation earlier this year issued<span class="apple-converted-space"> </span><a href="http://rhodeislandtax.blogspot.com/2016/02/regulation-on-wavemaker-tax-credit.html" target="_blank">a
regulation on the Wavemaker tax credit program</a>. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Verdana",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Verdana",sans-serif"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-variant:small-caps;color:#002060">Neil Downing<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Chief Revenue Agent<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Rhode Island Division of Taxation<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">One Capitol Hill<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">Providence R.I. 02908<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060"><a href="mailto:Neil.Downing@tax.ri.gov"><span style="color:#002060">Neil.Downing@tax.ri.gov</span></a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;color:#002060">(401) 574-8115<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
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