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AEP Foundation gives $300,000 to Indiana Tech

Statement issued Monday:

FORT WAYNE, Ind. – Paul Chodak III, president and chief operating officer of Indiana Michigan Power, presented a check for $300,000 to Indiana Tech on behalf of the American Electric Power Foundation, which is funded by American Electric Power (NYSE: ADP) and its utility operating units, including Indiana Michigan Power.

“I am very pleased to present Indiana Tech with this gift,” said Chodak. “The AEP Foundation is proud to be able to assist Indiana Tech in developing and enhancing education for their students in the area of energy engineering.”

Accepting the gift for Indiana Tech was Dr. Arthur Snyder, president of Indiana Tech. “Enrollment in our energy engineering degree program is growing rapidly,” Snyder said. “The AEP Foundation gift will enable us to continue to expand both in the number of students admitted to the program and the means to educate students about the efficient production, delivery and use of energy. We are very grateful for the support.”

The gift will be used to support curriculum, faculty and laboratory development for the university’s Bachelor of Science in Energy Engineering. The program was created in 2008 with the establishment of a state-of-the-art laboratory and focuses on sustainable energy sources such as wind, solar, geothermal, biofuels and fuel cells, and also includes a business component. The field of energy engineering is changing quickly and support from the AEP Foundation will provide Indiana Tech with the flexibility to add and keep existing materials and programs relevant. Funding will provide Indiana Tech’s faculty with training opportunities to keep them abreast of new equipment, research findings and instructional resources in the areas of emerging teaching methodologies. In addition, funding will be used to purchase software and equipment for students to use in the classroom in a hands-on, real-life experiential way.

“Indiana Tech’s initiative to educate today’s young people in the areas of energy and sustainability is important, with all the challenges our country and our world are facing in the energy arena,” said Chodak. “Indiana Tech’s program will benefit their students and Indiana’s future workforce.”

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