Northrop Grumman Corp. will provide scholarship funds totaling $240,000 to 12 incoming college students from Maryland under an educational program that aims to promote careers in the fields of science, technology, engineering and math (STEM).

Recipients of the grants from Baltimore City and Anne Arundel County completed two years of internships and mentoring during the 15th year of the high school involvement partnership initiative, Northrop said Thursday.

The recent high school graduates are expected to receive $5,000 worth of subsidies annually within a four-year period for STEM-related courses that include computer science, engineering, math or physics.

“We are honored to provide these HIP scholarships to such a gifted and talented group of area students,” said Gloria A. Flach, Northrop Grumman Electronic Systems president and corporate vice president.

This year’s beneficiaries of the HIP program include nine graduates from different schools in Baltimore City and three from the Annapolis High School in Anne Arundel County.

The scholarship requires that students maintain a 3.0+ grade-point average and must be enrolled full-time in one of selected academic programs in STEM fields.

According to Northrop, 295 students, of which 143 are from Maryland, have pursued collegiate degrees upon completion of the HIP program.