UNC Asheville in North Carolina Receives $1.1 Million First-Year Federal Grant: Five-Year Project Builds a 20-Terminal Bloomberg Lab, Federal Share 83 Percent
ASHEVILLE, Buncombe County, North Carolina — The University of North Carolina Asheville has received a $1.1 million federal grant to fund the first year of its five-year project, From Classroom to Career: Improving Career Readiness and Technical Skills of Students in Business, Accounting, Finance, and Economics. The grant is part of the U.S. Department of Education's Title III-Strengthening Institutions Program (SIP), with additional funding for the remaining years expected to be released in the future.
As part of the university's newly announced School of Business, the project will expand career preparation, hands-on learning and financial literacy opportunities. The grant will fund construction of a Bloomberg Lab with 20 Bloomberg Terminals, where students can explore financial markets, analyze real-world economic and business data, conduct research and earn certifications including Bloomberg Market Concepts, Bloomberg Finance Fundamentals and the Bloomberg Environment, Social, and Governance Certificate. It will also support a full-time career coach and lab manager and expand credit-bearing internships.
Provost and Executive Vice Chancellor for Academic Affairs Yvonne Villanueva-Russell said the grant represents an important investment in students and their futures. The UNC System's 2026 Workforce Alignment Report identifies critical shortages in financial services and accounting. The federal grant will fund 83 percent, or $1,155,080, of the program's total costs, with the remaining $229,440, or 17 percent, funded by non-governmental sources.
Published by GSM · USA (original Chinese edition)
Photo: 图：彭博终端工作站（资料图）。Gforsythe，CC0，经Wikimedia Commons。 / Photo: a Bloomberg terminal workstation (file photo). Gforsythe, CC0, via Wikimedia Commons.
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