Worcester State University and Santander Bank, N.A. announced a three-year philanthropic agreement for the Bank’s Santander Universities to support study abroad opportunities at WSU.
“Studying abroad gives students the opportunity to expand their education beyond the classroom and learn about the history and culture of their host countries,” said Brian Azar, Santander region president for Southern New England. “As a global bank with a local presence, we know the importance of preparing today’s students to be tomorrow’s leaders in our international economy.”
The Santander Universities Scholarship program will help to increase the number of Worcester State University students studying abroad. The University plans to quadruple international educational opportunities for WSU students by 2018.
“This investment in our students by Santander Universities will continue the momentum from the past few years,” said President Barry M. Maloney. “Since 2011, we have seen a 160 percent increase in student participation in study away opportunities. These valuable experiences broaden students’ world view and better prepare them for the 21st century workplace.”
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, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Rhode Island. Santander’s 9,703 employees serve its 1.8 million customers through the Bank’s 703 branches, 2,092 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 877-768-226
Santander Universities was founded in 1996 to advance the Santander Group’s commitment to its communities by supporting higher education. It 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 35 in the United States through Santander Bank. Since 1996, Santander Universities has provided funding for 4,100 university projects globally. Every year in the United States, Santander Universities funds more than 1,000 scholarships and supports over 70 initiatives. For more information about Santander Universities, visit www.santanderbank.com/us/
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