Samsung Talent Advance Program
Samsung Austin Semiconductor is pleased to launch the Samsung Talent Advance Program, open to students currently pursuing a minor for semiconductor engineering, at the University of Illinois Urbana-Champaign.
Qualified students* will have the opportunity for $2,500-$51,000 in tuition per year ($5,000-$102,000 total) to be financed upfront through Clasp¹—and repaid by Samsung Austin Semiconductor during their employment when they launch their career with Samsung Austin Semiconductor after graduation.²
Launching your career at Samsung Austin Semiconductor means transforming imagination into real-world possibilities that redefines what technology can do for the world. Bring your pioneering spirit and daring imagination to Samsung Austin Semiconductor.
Scroll to learn more, or click the link to begin your application.
ApplyNote: Completing this program application is not equivalent to submitting an application for funding.
How it Works
Focus on Your Degree
Finance $2,500-$51,000 in tuition per year ($5,000-$102,000 total) with upfront financing made available through Clasp.¹
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Let Samsung Austin Semiconductor Cover Your Tuition²
If you are qualified and approved, while you focus on your degree, Clasp will facilitate a loan¹,² to cover $2,500-$51,000 in tuition per year ($5,000-$102,000 total). Upon graduation, you will launch your career at Samsung Austin Semiconductor in Central Texas.
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Only Pay if You Leave Early
If accepted and approved, Samsung Austin Semiconductor will repay the full balance of your loan made available through Clasp¹ over the course of up to three years of employment, during your employment. You are only financially responsible to make payments if you do not begin employment because of failure to graduate, your GPA is below 3.0 at the time of graduation, or you voluntarily leave employment, or termination for cause.²,⁴
See Additional DetailsWho's Eligible*
Apply to the Program
To apply for the Samsung Talent Advance Program, you will need to complete the following:
- Application
- Transcript
- Resume
Program selection is not guaranteed and is not determined by Clasp or FinWise Bank. For approval, you must complete each of the above requirements and be formally selected into the program. If selected, you will complete a loan application made available through Clasp and agree to a credit check. Applications submitted through Clasp are originated by FinWise Bank.
View and complete your program application at the link below.
ApplyAdditional Application & Program Details
¹ Loans will be issued by FinWise Bank, a Utah-chartered bank, Member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
² Samsung Austin Semiconductor will pay back 1.5 years or less of funding for a minimum of 2 years worked for the employer; and 2 years of funding for a minimum of 3 years worked for the employer. In case of voluntary employment termination, students will pay the remaining outstanding amount. Students are personally responsible for the financial obligations under the loan agreement. Any agreement between student and employer sponsor is entirely separate from the loan obligation and will not in any way offset student’s obligations to FinWise unless payments are made by student or any other party on student’s behalf.
³ The 3.00% interest rate is fixed at the time of application and does not change during the life of the loan. This repayment example uses the maximum loan amount for a student borrower in their junior year with a 120-month term, has a $51,000.00 loan that is disbursed in one (1) disbursement, 3-month grace period and does not work for Samsung Austin Semiconductor for any period of time: 120 monthly payments of $522.01 while in the repayment period, for a total amount of payments of $62,641.20, and an 2.98% Annual Percentage Rate (“APR”). The interest on your student loan begins to accrue (grow) on the first day we disburse your loan funds to your school.
Note: The final monthly payment may be lower than what is shown above.
⁴ You may be subject to income tax for some or all of the loan payments made by Samsung Austin Semiconductor on your behalf. You should consult with a tax professional if you have any questions regarding tax consequences of the Samsung Talent Advance Program.
Information valid as of September 24, 2024.