Indiana State University Teams Up with Thompson Thrift: A Game-Changing Partnership for Real Estate and Construction Innovation

Thompson Thrift is partnering with Indiana State University to make a big difference in the lives of students studying construction management. They are donating a significant gift and committing to provide $1.3 million in paid summer internships over the next 15 years.

The money will support students directly, helping them gain valuable experience while they study. The Thompson Thrift Department of Construction Management will also receive scholarships and opportunities that connect students with industry practices.

Mike Godard, the president of Indiana State University, says this partnership shows how schools and businesses can work together for the benefit of students. He believes it will improve academic quality and readiness for professional careers. Godard highlights that combining learning and mentorship prepares students for successful careers in construction.

John Thompson, CEO of Thompson Thrift Construction, shares that this investment is about more than just business. It’s about shaping future leaders in construction. He sees their efforts as laying the groundwork for a smarter and more adaptable industry.

Starting in the 2026-2027 school year, junior and senior students from Indiana and Illinois can apply for one of ten renewable scholarships of $5,000 each year. This is an exciting chance for students to ease their financial burden while gaining essential skills.

This collaboration reflects a growing trend where companies are increasingly looking to engage with educational institutions. According to a recent survey, nearly 70% of businesses believe that partnerships with universities can greatly enhance their workforce development strategies. Such initiatives not only benefit students but also help fill the skill gaps in industries.

This kind of partnership is becoming more common, as both educational and business sectors recognize the need to work together. When schools and industry leaders unite, they create opportunities that lead to meaningful careers.



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