BOSTON, June 11, 2014 /PRNewswire/ -- Santander Bank, N.A. announced today that it recently signed an agreement with Ocean County College through which its Santander Universities division will provide funding to support programs for low-income Lakewood High School students.
"By investing in the students of Ocean County College, we are investing in their future," said Eduardo Garrido, Director of Santander Universities US. "The funding from this agreement will provide students in underserved communities with academic support to prepare for college and financial assistance to pursue their studies at Ocean County College."
Ocean County College will use the funding from Santander Universities to provide scholarships to Lakewood High School graduates. In addition to tuition, recipients will receive academic and personal support. Ocean County College will also use the funding to help Lakewood High School students prepare for college. It will offer workshops for parents and guardians and assistance with filling out the application to Ocean County College.
"Supporting these students during their last year of high school will empower them to become first generation college students," said Dr. Jon H. Larson, President of Ocean County College. "At Ocean County College, we believe that each student has the potential for achievement, accomplishment and success. I am so pleased with Santander's generous support of Ocean County College and our local community of Lakewood."About Us Santander Bank, N.A. is one of the largest retail banks in the United States by deposits. Its main corporate offices are in Boston and it operates principally in Connecticut, Delaware, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Rhode Island. Santander's 9,469 employees serve its 1.8 million customers through the Bank's 706 branches, 2,074 ATMs, call centers, website and mobile app. Supervised by the Office of the Comptroller of the Currency and a member of the Federal Deposit Insurance Corporation, Santander in the United States is a wholly-owned, financially autonomous subsidiary of Banco Santander (NYSE: SAN), a global commercial and retail bank. For more information about Santander, visit www.santanderbank.com or call 877-768-2265. Santander Universities was founded in 1996 to advance the Santander Group's commitment to its communities by supporting higher education. The Santander University Global Division provides funding for teaching and research, international cooperation, knowledge and technology transfer, entrepreneurial initiatives, student exchange and innovation. It maintains more than 1,100 agreements with universities and research centers worldwide, including 32 in the United States through Santander Bank. In 2013, Santander Universities provided funding for 4,105 new projects and 37,712 scholarships globally, including over 100 projects and over 1,000 scholarships in the United States. For more information about Santander Universities Global Division, visit www.santander.com/universities. SOURCE Santander Bank, N.A.