National Emergency Grant (NEG) program
Posted by Rubel Khan on August 20, 2009
The Federal NEG program is designed to help the former employees of 31 financial service businesses who were dislocated as a result of the mass layoffs in 2008. Each individual displaced from their position after May 31, 2008 can qualify for a grant up to $12,500 worth of career training.
This grant is for training purposes as part of the State’s Eligible Training Provider Program. Only Institutions registered with their State Board of Education can administer training. NetCom Information Technology provides top quality IT training and is a member of the State’s Eligible Training Provider Program.
This is a time sensitive program and this National Emergency Grant will expire soon.
Which Previous Employers were Selected for this Program?
|Alliance Berstein LP||Bank Hapoalim|
|Bank of America NA||Bank of New York|
|Barclays Capital, Inc.||Bear Stearns & Co. Inc.|
|Capital One National Assoc.||Citibank NA|
|Citigroup Global Markets||Commerce Bank|
|Countrywide Funding Corporation||Credit Suisse Securities|
|Financial Guaranty Insurance Company||GE Capital Corporation/Citi Capital|
|Goldman, Sachs & Company||HSBC Bank USA National Assoc.|
|Indymac Bank||JP Morgan Chase|
|JP Morgan Chase Bank NA||JP Morgan Securities, Inc.|
|Lehman Brothers, Inc.||McGraw Hill Company|
|Merrill Lynch||Merrill Lynch, Pierce, Fenner & Smith|
|Morgan Stanley||Radian Asset Assurance, Inc.|
|Teachers Insurance & Annuity Assoc.||UBS Investment Bank|
|UBS Securities||UniCredit Banca di Roma|
|Washington Mutual Bank|
Who qualifies to receive this Grant?
- Employees who worked for the above 31 companies which were dislocated after May 31, 2008
- Individuals in need of training to advance their career.
- You do not have to be unemployed to qualify for this training.
How do you receive this Grant?
- Contact your local Employment Office to obtain the necessary NEG paperwork.
- Fill out the forms and return them to your local Employment Office.
- Start your classes!