The NCUA seeks to promote financial inclusion to better serve a changing population and economy. As part of that mission, the NCUA participates in many diverse career recruitment efforts to encourage an inclusive workforce. Diversity, coupled with inclusion, is integrated into all aspects of the agency’s operations. These principles are part of the fabric of our organizational culture. The program participants perform meaningful projects and tasks, making for an enriching and educational experience. This past year, the NCUA converted one summer intern into a full-time employee through the competitive process.
The NCUA’s Student Intern Programs provide valuable work experience for high school undergraduate, graduate, law, and Ph.D. students considering careers in economics, finance, accounting, information technology, law, and human resources, among other disciplines. By combining academic endeavors with project-related work experience, we believe that talented students can gain the practical knowledge needed in a competitive workforce. In addition, these internship programs support the NCUA’s diversity and inclusion objectives.
- Summer Scholars Intern Program – The NCUA has six individual multi-year contracts with minority-serving organizations to provide summer internship access and opportunities to college and university students in undergraduate, graduate, doctorate, and juris doctorate programs. Internships under this program have varying lengths, from 8, 10, 12 or 15 weeks. Under these contracts, the minority-serving organizations receive weekly compensation per student ranging from $1,157 to $2,021 from the NCUA. The organizations, in turn, are responsible for all pay and benefits the interns receive during their participation in the program.
- Workforce Recruitment Program – The NCUA also participates in the Workforce Recruitment Program for college students with disabilities. This program is managed by the U.S. Department of Labor's Office of Disability Employment Policy and the U.S. Department of Defense's Office of Diversity Management and Equal Opportunity. Students are hired through this program based on funds and full-time equivalent positions available within requesting NCUA offices. Students interested in the Workforce Recruitment Program should visit the program’s website (opens new window).
- High School Scholars Internship Program – The NCUA hosts high school interns from underserved areas of Washington, D.C., through the Marion S. Barry Summer Youth Employment Program. The agency provides high school students with a salary of $20 per hour, special compensation benefits for lunch ($20 per day), and a $650 professional attire clothing allowance. High school interns are also provided a laptop, which they can keep at the end of the internship.
- Pathways Summer Internship Program – Summer college interns receive a salary at an hourly rate ranging from $18.80 to $20.68 per hour, depending on the grade level at which they were hired. Interns selected for this program can earn annual and sick leave at a rate of four hours per pay period and are reimbursed for internet service charges at a rate of $50 per month.
- Pathways Recent Graduate Program – The program provides work assignments and developmental experiences intended to promote careers for individuals who have recently graduated from a qualifying educational institution or program. During the one- or two-year program, those selected will develop skills through challenging work assignments and by utilizing Individual Development Plans, mentors, and formal interactive training. Upon successful completion of the program, participants may be converted to career-conditional positions.