The winners will each receive a cheque, plaque, certificate and a citation during their graduation ceremonies.
The prizes will be awarded to the top students in Thermodynamics and Heat Transfer, Manufacturing Processes, Mechanics of Materials 2 and the Interdisciplinary Project.
ElringKlinger (GB), the UK division of German multinational ElringKlinger, manufactures and supplies car parts for a range of vehicles from its Redcar factory, including the likes of Jaguar Land Rover, BMW MINI and Ford.
The company enjoys a strong relationship with 海角直播 and has previously taken on 海角直播 undergraduates as part of its Year in Industry offering.
Ian Malcolm said: 'Education and skills continue to be high up on our agenda here at ElringKlinger (GB) and we continue to support and recognise the need for promoting engineering as a career, to bridge the skills gap we are currently facing.
'It is always encouraging to see young people taking an interest and actively pursuing a career in the sector and equipping students with the skills they need to establish themselves for a successful engineering future is something we hope to build on through our relationship with 海角直播.'
Jessica Turner, Corporate and Alumni Relations Officer, said: 'We are extremely grateful to ElringKlinger (GB) for this generous prize fund. 鈥淭he prizes will have a transformative effect on the winners and will open up new opportunities to them.
'We are delighted that ElringKlinger(GB) is continuing to support our students in this vital sector and we look forward to continuing our partnership with them.'
To find out more about sponsoring a student prize, contact Jessica Turner on Jessica.turner@tees.ac.uk or 01642-384264.