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Rhode Island Wavemaker Fellowship

Refundable tax credits that help graduates working in Rhode Island STEM and design jobs repay student loans.

About this program

The Wavemaker Fellowship provides refundable tax credits to eligible graduates working in Rhode Island in STEM and design fields. Cranston employers can use the program as a talent attraction and retention tool for eligible employees.

Eligibility

Eligible employees working in Rhode Island in qualifying STEM or design occupations with qualifying student loan debt.

Requirements

  • Employee applies during an open Wavemaker Fellowship round
  • Provide employment, residency, student loan, and degree documentation
  • Meet annual certification and tax credit claiming requirements