Simon Foundation Aids Students with $100,000 Grant

Jersey City, N.J. – On December 22, 2009, The William E. Simon Foundation provided a $100,000 grant to Saint Peter’s College. The grant will allow Saint Peter’s to provide financial support to students of senior standing who are facing a financial crisis that jeopardizes their ability to complete their academic program and graduate with a degree from the College.

“Part of the College’s new strategic plan, Vision 2015, is to demonstrate commitment to higher student success rates, which includes dedicating important resources for our students,” noted President Eugene J. Cornacchia, Ph.D. “We are so very grateful and humbled to receive this grant from The William E. Simon Foundation. These funds will allow many of our students to achieve their dream of a Jesuit education.”

As part of the strategy to improve graduation rates, seniors are identified by their appeals for financial assistance and their outstanding tuition balances. These students are eligible to receive aid from the grant in order to help ensure they are able to make tuition payments and graduate.

The William E. Simon Foundation supports K-12 institutions that are alternatives to the traditional public system, as well as other organizations that encourage educational options and competition, with the goal of promoting broader education reform. This includes, but is not limited to, religious schools, other independent schools and charter schools, voucher programs, and policy research in the areas of education choice and reform.

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Saint Peter’s College, founded in 1872, is a Jesuit, Catholic college in the liberal arts tradition located in the heart of Jersey City, N.J., with a branch campus in Englewood Cliffs, N.J., and course offerings on the Jersey City Waterfront and at various corporate sites throughout New Jersey. Educating over 3,000 undergraduate and graduate students in more than 50 programs, Saint Peter’s College is committed to academic excellence and individual attention, preparing students for a lifetime of learning, leadership, and service in a diverse and global society.