Swarthmore Future Entrepreneurship Program (SFEP)
Swarthmore College Career Services has a gathered listing of summer experiences at local start up companies through a partnership with Ben Franklin Technology Partners. Students (seniors and alumni are ineligible) can apply to posted opportunities and interview directly with participating start-up companies. Student will not receive any funding from the start up companies. In order to support the exposure to educational and entrepreneurial opportunities, the College will provide selected students with $5,200 in summer funding support for 10 weeks. All SFEP opportunities will be conducted remotely.
SFEP Student Info sessions: Fri, Feb 11, 2022 (1230-1pm EST)
Student Application Period: FEB 7-28
Student Application Instructions:
Please follow these directions to make sure that you're able to view all SFEP opportunities and apply to the ones you're interested in.
1. Log into Handshake.
2. In the search bar, type in "SFEP" and hit enter for a list of all experiences that are a part of this program. All SFEP experiences will have the title labeled "SFEP: ________" A full list of opportunities is also available; you can also type in the employer name and search for the opportunity that way.
3. Apply to as many opportunities that are of interest to you. You will need a resume to apply. If you haven't had your application materials reviewed, please attend Career Peer Advisor Drop-Ins (M-F 1-430pm) OR email CPA@swarthmore.edu to get your resume reviewed.
4. Please note that Career Services does not participate in the start up companies’ selection processes in any way. The decisions of the start up companies are completely independent of Swarthmore College and do not create an employment relationship between you and the College.
5. All SFEPs will be remote.
Note about funding:
$5,200 is the maximum amount that a student may be awarded for summer funding. Should you accept an SFEP opportunity, you are not allowed to apply for additional funding for this program through the College.
US Citizens/resident alien/daca students:
Please note that students who are United States citizens, Resident Aliens or have current DACA status will not have taxes withheld from the payment (nor will it be reported to the IRS); however, the IRS considers this payment income to the recipient. When filing your tax return, you must report the amount of this payment as income. If you file a FAFSA for financial aid, the payment must also be included as part of your gross income.
The regulations regarding federal tax withholding and reporting are different for international students who are classified as non-resident aliens for income tax purposes. This income will be reported to the IRS as income to the recipient. As a result, if you are not a United States citizen, you will need to contact Joseph Cataldi in the Business Office (firstname.lastname@example.org) to learn how you will be affected. Be advised that your funds will not be released until this step has been completed.
Career Services (email@example.com)
The College cannot offer any tax advice to you relating to this payment. It is recommended, however, that you keep careful records and (since individual tax liability depends on each individual’s circumstances) you should contact a personal tax advisor with any questions or concerns.
Hear from some of your Swarthmore peers about their SFEP experiences below!